Xerox Shifts Controller Amid SEC Investigation
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Xerox Corp. has reassigned its controller, who was responsible for the company’s accounting practices that now are under investigation by the Securities and Exchange Commission. A Xerox spokesman said Gregory M. Tayler remains well regarded by the company for his financial acumen.
Tayler was made treasurer of the Stamford, Conn.-based firm because the current treasurer, Eunice Filter, is retiring, a spokesman said. The move means Tayler will no longer sign off on SEC filings. The firm’s assistant controller will assume those responsibilities.
Xerox shares fell 51 cents to $6.58 on the New York Stock Exchange.
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