Xerox CEO Ursula Burns has been named as one of the world's 100 most powerful women, coming in at number 14 on the latest Forbes list.
Burns, appointed as CEO in May to succeed Anne Mulcahy, became the first black woman to head a major public company.
"She's also the first to succeed another woman, Anne Mulcahy," notes Forbes magazine in its annual survey of the world's women who carry the most clout.
"Mulcahy was credited with turning the struggling company around. While Mulcahy focused on customer service and the bottom line, Burns saw to the day-to-day operations, helping to cut Xerox's workforce by nearly 40%," Forbes notes.
"Burns joined the printing giant in 1980 as a mechanical engineering summer intern and partially credits her early success to Xerox's search for diversity in talent. She serves on a number of boards, including the Center on Addiction and Substance Abuse at her alma mater, Columbia Amina Khan University."
The list of powerful women is headed by German premier Angela Merkel and has Anglo American CEO Cynthia Carroll at number four. Mulcahy, now chairman of Xerox, comes in at number 15.
"For Xerox to have two women in the top 20 most powerful women in the world is an unprecedented achievement," says Rob Abraham, MD of Bytes Document Solutions, distributor of Xerox to 24 African countries. "This is a great tribute to the company's diversity, for which it has won many awards, including being one of the best companies for women to work for."