Report: Ex-Xerox chief gave up $18M severance

Ex-Xerox (NYSE:) CEO Jeffrey Jacobson when he resigned under pressure from Carl Icahn, the New York Post says.

Jacobson‘s May 13 resignation forestalled a firing, in which he‘d be able to demand a two-year severance package worth that amount.

But the resignation got him immunity from civil lawsuits over the company‘s $6.1B deal with Fujifilm (), which Icahn and investor Darwin Deason opposed.

Previously: (May. 18 2018)

Previously: (May. 17 2018)

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