Anne M. Mulcahy rose to the helm of affairs at Xerox during a critical time when Xerox was on the verge of bankruptcy. Her grit and determination steered the sinking ships to reach new highs. Her no nonsense approach won her accolades and a dedicated workforce that was ready to give it all during the time of crisis. She never intended to be the CEO of Xerox and startled as everybody else because she felt she was never groomed to be the CEO.She spent most years at Xerox in sales and felt she didn't have a financial background, and right after she was appointed the stocks dropped 15 percent. She was the classic example of an accidental CEO and she proved that it was the best thing to happen to Xerox at that time.
Born in 1952, Anne is the only girl child in the family and she was raised in the same way her four brothers were. This helped her turn into a strong, determined person who could take things in her stride. Her sound upbringing helped her to cross each hurdle life threw at her with ease and tactfulness. She completed her primary education in a catholic school and went on to do her degree in English and Journalism at Marymount College in 1974. She joined Xerox in 1976 as a field sales representative.