Xerox has announced that its current President Ursula Burns will succeed current CEO Anne Mulcahy. It's a historic milestone, one female CEO appointing another. Another riveting fact is that Ursula Burns is the first African American woman to lead a major Fortune 500 Corporation.
Mrs. Burns, described as a math whiz, grew up in a single parent home in the Lower East Side projects in Manhattan. She graduated from Polytechnic Institute and Columbia University and began her career at Xerox as an engineering intern.
In 2008, she ranked number 10 (behind Oprah @ No. 8) on Fortune's 50 Most Powerful Women in Business. Two snaps, a twist and a kiss :-)
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