Xerox CEO Ursula Burns is getting a raise

Matthew Daneman – Staff writer
Business – March 8, 2010 - 12:51pm

Xerox Corp. CEO Ursula Burns is getting a raise next month.

Effective April 1, Burns’ base salary will go from $900,000 to $1.1 million, according to paperwork filed last month with the U.S. Securities and Exchange Commission.

It is the first bump in Burns’ base salary in conjunction with her new position; she did not receive a raise when she was named CEO in 2009.

According to Xerox, its board of trustees compensation committee is giving her the raise to reflect “her increased scope of responsibility.”

MDANEMAN@DemocratandChronicle.com

Text alerts to your cell