Lexmark Announces Resignation of CEO Rich Geruson
On November 20th, Lexmark International announced that Lexmark CEO and President Rich Geruson has decided to resign for personal reasons, effective immediately.
Geruson was appointed Lexmark CEO and president in October 2017, succeeding David Reeder, who left Lexmark in June 2017. Reeder succeeded Paul Rooke.
A search for a successor is underway. In the interim, Lexmark will be led by an executive management committee consisting of Allen Waugerman, senior vice president and chief technology officer; Brent Lambert, senior vice president, chief legal officer and secretary; and Vivian Liu, senior vice president and chief financial officer.
“On behalf of the Lexmark team, I would like to thank Rich and wish him and his family well,” commented Mickey Kantor, chairman of the board of directors.
“The board of directors, the company’s investors and the entire Lexmark organization remain singularly focused on profitably growing our business and continuing to deliver world-class, industry-leading products and services to our customers,” said Kantor. “We continue to be very confident about the long-term success of Lexmark.”
October 2017: Lexmark Appoints New President and CEO