Shares of Xerox Corp (NYSE:XRX) ended Monday session in green amid volatile trading. The shares closed up +0.22 points or 2.29% at $9.81 with 8.07 million shares getting traded. Post opening the session at $9.51, the shares hit an intraday low of $9.45 and an intraday high of $9.83 and the price vacillated in this range throughout the day. The company has a market cap of $9.63 billion and the numbers of outstanding shares have been calculated to be 1.01 billion shares.
On September 8, 2016 Xerox Corp (NYSE:XRX) announced that Brian Webb-Walsh will serve as chief financial officer of Conduent Incorporated, upon completion of the separation of Xerox into two publicly-traded companies at the end of the year.
Webb-Walsh is currently the CFO for Xerox Services, responsible for all financial aspects of the business. Previously he led the finance function for the company’s government healthcare and health enterprise businesses. During his career he also supported Xerox’s large enterprise operations, global document outsourcing business and litigation services. Additionally, he’s held senior roles in investor relations and corporate financial planning and analysis.
“Brian has nearly twenty years of experience with Xerox, strong financial discipline, deep roots in the services business and a keen understanding of how to advance opportunities in growth markets,” said Ashok Vemuri, recently appointed CEO of Conduent.
“Our improved portfolio focus on attractive growth markets and leadership positions in key market segments make this an incredibly appealing opportunity,” said Webb-Walsh. “I look forward to leading Conduent’s financial strategy as the company seeks to create shareholder value by driving profitable growth and margin expansion.”
Webb-Walsh holds a Masters of Business Administration from Rochester Institute of Technology, a master’s in accounting from George Washington University and a bachelor’s in management from the State University of New York at Geneseo.
Shares of VMware, Inc. (NYSE:VMW) ended Monday session in green amid volatile trading. The shares closed up +0.59 points or 0.81% at $73.67 with 4.81 million shares getting traded. Post opening the session at $72.64, the shares hit an intraday low of $72.55 and an intraday high of $73.89 and the price vacillated in this range throughout the day. The company has a market cap of $30.74 billion and the numbers of outstanding shares have been calculated to be 124.76 million shares.
VMware, Inc. (VMW) on September 12, 2016 announced that the Defense Information Systems Agency (DISA) Risk Management Executive has released the VMware NSX® Security Technical Implementation Guide (STIG), Version 1 for immediate use.
As the first software-defined networking solution with a published STIG, VMware NSX meets the security hardening guidance required for installment on Department of Defense (DoD) networks. The VMware NSX STIG provides the technical security policies, requirements, and implementation details for applying security concepts to NSX. Agencies within the DoD and other Federal Agencies can now deploy NSX with the STIG guidelines to bring IT agility and security to the data center to help save both time and money.
The VMware NSX STIG validates a new direction for federal IT networking security solutions toward SDN and the software-defined data center (SDDC). With NSX, DoD divisions can now virtualize and modernize their network infrastructure, and take advantage of the latest security and cloud technology innovations without necessarily investing in brand new hardware equipment. The STIG requirements confirm VMware NSX implementation is consistent with DoD cybersecurity policies, standards, architectures, security controls and validation procedures, as long as applicable NIST SP 800-53 cybersecurity controls are applied to all systems and architectures.
“DISA’s release of the VMware NSX STIG enables federal agencies powered by DoD networks to leverage our virtualization platform with the highest level of security, agility and efficiency,” said Bill Rowan, vice president, Federal Sales at VMware. “As software-defined data centers and networking become standard for both government and civilian IT teams, we’re honored that VMware NSX has set a historic precedent for STIG-approved networking solutions.”