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Carl Icahn Wants Jeff Jacobson Out As Xerox CEO: 'It Will Go The Way Of Kodak If There Aren't Major Changes'

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Investor Carl Icahn turned his attack on Xerox up a notch Monday afternoon, calling for the removal of Xerox CEO Jeff Jacobson less than a year after he was appointed. "The CEO is the most important person in the company. We believe Xerox still has potential, but it will go the way of Kodak if there aren’t major changes," Icahn told the Wall Street Journal . "The times have changed, but not the old guard that controls the board....

Mentions: Carl Icahn stake Wall Street