National Association for Female Executives Names Xerox Among Top Companies for Women

NORWALK, Conn.- Xerox Corporation (NYSE: XRX) has been named again as one of the 2008 “Top Companies for Executive Women,” an annual list released by the National Association for Female Executives (NAFE), a women’s professional and business association.

“Xerox continues to be an employer of choice for women. Particularly in the IT workplace, Xerox is leading by example with a strong ratio of women managers to total women employees and a dedication to creating a family-friendly environment with opportunities for advancement,” said Betty Spence, Ph.D., president, NAFE.

According to NAFE, companies on the list exhibit a high percentage of women in senior leadership positions, and the training programs to get them there. NAFE also evaluates companies on their compensation, advancement opportunities and work/life benefits for women.

Xerox has a long history of fostering a diverse workforce. The company’s commitment to an inclusive workplace is reflected in its professional development, training and support programs, including its partnerships with six independent employee caucus groups like The Women’s Alliance and the Black Women’s Leadership Council. In addition, Xerox was among the first to offer flexible work arrangements through the use of flex-time, job-sharing and telecommuting; child-care subsidies, domestic partner benefits, and other employee assistance programs.

In 2007, women made up 32 percent of Xerox’s total U.S. work force of 34,127. About 19 percent of Xerox senior executives are women. Four women serve on the Xerox board of directors, including Anne M. Mulcahy, Xerox chairman and chief executive officer, and Ursula M. Burns, president of Xerox.

NAFE’s list was developed from research conducted by the organization’s staff and questionnaires completed by each company. The National Association for Female Executives was founded in 1972 and is part of Working Mother Media, which also operates Working Mother magazine. More information is at www.nafe.com.