By Will Sturgeon, 19 November 2001 10:17
NEWS Xerox shares have taken a tumble following a shake-up of its management. The company has appointed Gary Kabureck as new chief accounting officer and made the previous incumbent, Gregory Tayler its treasurer. The company denies the movement of its money men is related to an impending Securities and Exchange Commission ruling on alleged accounting irregularities. The company is continuing to look for a new chief financial officer, a post soon to be vacated by Barry Romeril who retires at the end of the year. Xerox shares fell seven per cent to $6.58 yesterday.
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