Jeff Jacobson
Born1959 (age 64–65)[1]
NationalityAmerican
Other namesJeffrey Jacobson
EducationState University of New York Buffalo (BS)
Alma materCornell University School of Industrial Relations (MS)
Pace University School of Law (JD)
OccupationBusiness executive
Years active1990s-present
Employer(s)Electronics For Imaging, Siris Capital
Board member ofElectronics For Imaging

Jeff Jacobson (born 1959) is an American business executive.[1] Currently the executive chairman of Electronics For Imaging (EFI),[2][3] he is also an executive partner at SIRIS Capital Group LLC.[4] He previously served as the CEO of EFI,[2] Xerox Corporation,[5][6][7] Presstek, Kodak Polychrome Graphics, and as COO of Kodak's Graphic Communications Group.[8]

Biography

Born circa 1959,[1] Jeff Jacobson grew up in Brooklyn, New York, as well as the Bronx and Yonkers. He graduated from the State University of New York Buffalo in 1981 with a Bachelor of Science degree.[9] He then earned a Master's degree from the Cornell University School of Industrial Relations,[8] followed by a juris doctor degree from Pace University School of Law. Jacobson is a member of the New York State Bar Association and the New Jersey State Bar Association.[8] From 1998 to 2005, Jacobson held executive positions at Kodak Polychrome Graphics,[1] a joint venture between Kodak and Sun Chemical.[8] Starting in human resources,[9] he then served as the company's CEO,[8] where according to the Rochester Business Journal he led a "turnaround" resulting in the sale of the company to Kodak,[10] where he then served as chief operating officer of Kodak's[1] $3.6 billion Graphic Communications Group.[8] From 2007 until 2012 he was president and CEO of Presstek,[1] a manufacturer of digital offset printing products,[8] also serving as chairman for three years.[3]

In February 2012, Jacobson joined Xerox as president of Global Graphic Communications Operations,[11] working out of Xerox's headquarters in Norwalk, Connecticut. In 2014 he became the president[8] and chief operating officer of Xerox Technology.[11] On June 23, 2016, he was announced as the future CEO of Xerox, succeeding Ursula Burns.[1] He became Xerox CEO on January 1, 2017,[6] also joining the board.[3]  He announced a number of changes at Xerox in 2017, including its largest product launch,[12] as well as a new focus on "small and midsize" companies to "cut dependence on its large enterprise customers," with the latter seen by analysts as a declining market.[13] Also overseeing job cuts[14] and an effort to achieve "$1.5 billion in improved operational efficiencies,"[15] he described Xerox as "pursuing R&D" in areas such as content management, graphic communications, printed electronics, smart labels, and "direct-to-object" printing techniques.[12] In June 2017, he was a signatory on the CEO Action for Diversity & Inclusion initiative.[16] On May 1, 2018, Xerox announced that under a deal with dissident investor Carl Icahn, Jacobson would resign as chief executive and director.[17] Three days later, the company announced that the deal would not go into effect,[18] although on May 16, 2018, he was indeed succeeded by John Visentin.[19] Jacobson was then appointed executive chairman of Electronics for Imaging (EFI), a technology company headquartered in Fremont, California, in July 2019. He also became an executive partner at Siris Capital, EFI's owner,[4] and on August 13, 2019, he was appointed EFI's new chief executive officer.[20] In January 2023, Jacobson was succeeded as EFI CEO by Frank Pennisi, with Jacobson continuing to serve as EFI chairman. Jacobson also became executive chairman of Fiery, LLC, a new EFI spinoff company.[2] The University at Buffalo School of Management awarded him its Centennial Achievement and Impact Award in Sept. 2023.[21]

References

  1. 1 2 3 4 5 6 7 "Xerox Rising: Eastman Kodak Vet Jacobson to Succeed CEO Burns".
  2. 1 2 3 "Printweek - Fiery becomes independent; EFI appoints new CEO".
  3. 1 2 3 "Jeff Jacobson, EFI In: Porifle and Biography". www.bloomberg.com.
  4. 1 2 "Jacobson becomes EFI CEO".
  5. ↑ "Xerox Announces John Visentin as New CEO; Sets 2018 Annual Meeting Date". Xerox Newsroom. 2018.
  6. 1 2 FitzGerald, Drew; Benoit, David (2016-06-24). "Xerox Picks Insider Jeff Jacobson to Succeed Ursula Burns as CEO". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-12-11.
  7. ↑ "Xerox CEO is back as board does shock U-turn". 4 May 2018.
  8. 1 2 3 4 5 6 7 8 "Former Kodak executive to lead Xerox post-split".
  9. 1 2 "Opening Doors to Talent".
  10. ↑ "Future image | Rochester Business Journal". 22 September 2006.
  11. 1 2 "Jeff Jacobson, CEO". Xerox Corporation. Archived from the original on 4 January 2017. Retrieved 4 January 2017.
  12. 1 2 "Xerox CEO: Our journey from paper docs to printed electronics". 18 April 2017.
  13. ↑ "Xerox Hits the Restart Button".
  14. ↑ "Xerox Workers Should Brace for Even More Job Cuts".
  15. ↑ "Xerox completes split into 2 companies". USA Today.
  16. ↑ "CEOs join initiative to improve workplace diversity". 12 June 2017.
  17. ↑ "Xerox's Leaders Depart, Putting Fujifilm Deal in Jeopardy". The New York Times. 2018-05-01. ISSN 0362-4331. Retrieved 2018-05-02.
  18. ↑ "Xerox Executives Stay Put as Settlement With Carl Icahn Expires". The New York Times. 2018-05-04. ISSN 0362-4331. Retrieved 2018-05-04.
  19. ↑ "John Visentin becomes CEO at Xerox | Rochester Business Journal". 17 May 2018.
  20. ↑ "BRIEF-Electronics for Imaging Appoints Jeff Jacobson as CEO". Reuters. 13 August 2019.
  21. ↑ "UB School of Management to hold centennial celebration," University at Buffalo, Sept. 2023
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