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Ursula Burns

Ursula Burns

Born 1958 · Age 67

American business executive; Xerox CEO (2009–2016) and chair (2010–2017); first Black woman to lead a Fortune 500 company; board director and private equity co‑founder.

Total Events
52
Career Span
66 years
Peak Net Worth
$130,000,000

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Life & Career Timeline

1958Age 0

Born in New York City

Born to Panamanian immigrant parents; raised by single mother Olga Burns in the Baruch Houses public housing on Manhattan's Lower East Side.

9/20/1958Source
Confidence
99%
1976Age 18

Graduated Cathedral High School (approx.)

Completed secondary education at a Roman Catholic all‑girls preparatory school in Manhattan (graduation year approximated from birth year).

1/1/1976Source
Confidence
60%
1980Age 22

Earned BS in Mechanical Engineering

Graduated from the Polytechnic Institute of New York (now NYU Tandon) with a bachelor’s degree in mechanical engineering.

1/1/1980Net Worth: $1,000Source
Confidence
98%
1980Age 21

Xerox mechanical‑engineering summer intern

Joined Xerox's graduate engineering internship program (for minorities) the same summer as her undergraduate graduation; program helped fund her master's.

6/1/1980Net Worth: $1,000Source
Confidence
98%
1981Age 22

Completed MS in Mechanical Engineering

Earned a master's degree in mechanical engineering from Columbia University; shortly thereafter joined Xerox full time.

1/1/1981Net Worth: $5,000Source
Confidence
98%
1981Age 23

Hired full‑time at Xerox

Transitioned from intern to full‑time employee at Xerox in product development and planning.

1/1/1981Net Worth: $10,000Source
Confidence
95%
1989Age 31

Stepson Malcolm born (approx.)

Malcolm (her stepson) is cited as born circa 1989 and later attended MIT.

1/1/1989Net Worth: $20,000Source
Confidence
50%
1990Age 31

Became executive assistant to Wayland Hicks

Offered and accepted a role as executive assistant to senior executive Wayland Hicks; served roughly nine months before returning home to marry.

1/1/1990Net Worth: $25,000Source
Confidence
90%
1990Age 31

Married Lloyd Bean (approx.)

Reportedly married about the time she was an executive assistant in 1990 (sources indicate she was about to marry when stepping away after 9 months as Wayland Hicks' assistant).

1/1/1990Net Worth: $25,000Source
Confidence
60%
1991Age 32

Executive assistant to Xerox chairman Paul Allaire

Took position as executive assistant to then‑chairman and CEO Paul Allaire; role seen as pivotal to her future advancement.

6/1/1991Net Worth: $30,000Source
Confidence
95%
1992Age 34

Daughter Melissa born (approx.)

Melissa Burns is noted as born circa 1992.

1/1/1992Net Worth: $30,000Source
Confidence
50%
1992Age 34

VP & GM, Workgroup Copier Business, London

Served as vice president and general manager of Xerox's Workgroup Copier Business based in London (1992–1997).

1/1/1992Net Worth: $120,000Source
Confidence
90%
1997Age 39

Returned as VP & GM at Xerox Headquarters

Assigned to a vice president and general manager position at Xerox headquarters in Stamford, Connecticut.

1/1/1997Net Worth: $200,000Source
Confidence
85%
1999Age 41

Named VP for Global Manufacturing

Appointed vice president responsible for global manufacturing at Xerox.

1/1/1999Net Worth: $350,000Source
Confidence
85%
2000Age 41

Senior Vice President, Corporate Strategic Services

Named senior vice president of corporate strategic services; worked closely with Anne Mulcahy, expanding leadership across production and strategy.

5/1/2000Net Worth: $600,000Source
Confidence
90%
2001Age 42

Senior VP, Document Systems & Solutions Group

Appointed senior vice president of the document systems and solutions group (served ~1 year before becoming SVP of business group operations).

1/1/2001Net Worth: $850,000Source
Confidence
85%
2002Age 44

Senior VP, Business Group Operations

Became senior vice president of business group operations — the first woman named to that post at Xerox.

1/1/2002Net Worth: $1,200,000Source
Confidence
85%
2003Age 45

Athena Award and media recognition (2003)

Received the Athena Award from the Rochester Business Alliance Women's Council and was named to Time/CNN's list of Global Business Influentials; repeated recognitions followed in subsequent years.

1/1/2003Net Worth: $1,500,000Source
Confidence
90%
2003Age 45

Featured on Fortune's '50 Most Powerful Women in American Business' (2003–2006)

Named by Fortune among its 50 Most Powerful Women across multiple years (2003–2006).

1/1/2003Net Worth: $1,800,000Source
Confidence
90%
2003Age 45

Named among '50 Most Important Blacks in Technology' (2003–2005)

Recognized by Black Engineering & Information Technology magazine across multiple years.

1/1/2003Net Worth: $1,600,000Source
Confidence
85%
2005Age 47

Listed among Black Enterprise's 75 Most Powerful African‑Americans

Named to Black Enterprise's list in 2005 and to their '50 Most Powerful Black Women' in 2006.

1/1/2005Net Worth: $2,000,000Source
Confidence
85%
2007Age 49

Elected President of Xerox

Promoted to president of Xerox Corporation, positioning her as Anne Mulcahy's heir apparent.

1/1/2007Net Worth: $5,000,000Source
Confidence
95%
2009Age 51

Named to President's Council on Jobs & Competitiveness (role noted in sources)

Participated in national economic and competitiveness councils during the Obama administration (public service roles concurrent with STEM leadership).

1/1/2009Net Worth: $22,000,000Source
Confidence
80%
2009Age 50

Appointed to lead White House National STEM program

President Barack Obama appointed Burns to help lead the national STEM program; she served as a leader of the initiative from 2009 to 2016.

1/1/2009Net Worth: $20,000,000Source
Confidence
95%
2009Age 50

Named CEO of Xerox

Succeeded Anne Mulcahy as Xerox CEO; became the first Black woman to lead a Fortune 500 company and the first woman to succeed another woman as Fortune 500 CEO.

7/1/2009Net Worth: $20,000,000Source
Confidence
90%
2010Age 51

Led acquisition of Affiliated Computer Services (ACS)

Spearheaded Xerox's acquisition of ACS, a major move shifting Xerox toward services; acquisition value reported at approximately $6.4 billion.

1/1/2010Net Worth: $30,000,000Source
Confidence
90%
2010Age 51

Appointed Vice‑Chair, President's Export Council

President Obama appointed Burns vice chair of the President's Export Council; she served as vice chair 2010–2015.

3/1/2010Net Worth: $26,000,000Source
Confidence
90%
2010Age 51

Named Chairman of Xerox Board

Promoted to chair of the Xerox board (held chair 2010–2017 while serving as CEO through 2016).

5/1/2010Net Worth: $25,000,000Source
Confidence
92%
2011Age 52

Commencement address – University of Rochester

Delivered the commencement address at the University of Rochester (among other universities in subsequent years).

1/1/2011Net Worth: $35,000,000Source
Confidence
90%
2013Age 54

Honorary degree from University of Pennsylvania

Received an honorary degree and/or was featured as a commencement honoree (University of Pennsylvania commencement mentions, 2013).

1/1/2013Net Worth: $43,000,000Source
Confidence
80%
2013Age 54

Honorary degree from Rensselaer Polytechnic Institute

Received an honorary doctorate from RPI (May 2013).

1/1/2013Net Worth: $42,000,000Source
Confidence
90%
2013Age 54

Elected International Fellow, Royal Academy of Engineering

Named an International Fellow of the U.K.'s Royal Academy of Engineering in recognition of engineering leadership.

7/1/2013Net Worth: $40,000,000Source
Confidence
95%
2014Age 56

Ranked #22 Most Powerful Woman by Forbes

Forbes rated Burns the 22nd most powerful woman in the world in 2014.

1/1/2014Net Worth: $48,000,000Source
Confidence
95%
2015Age 57

Chair, President's Export Council

Promoted from vice‑chair to chair of the President's Export Council (served 2015–2016).

1/1/2015Net Worth: $50,000,000Source
Confidence
95%
2015Age 57

Commencement addresses and honorary degrees (2015)

Delivered commencement addresses and received honorary recognition at institutions including Williams College and Howard University (2015).

1/1/2015Net Worth: $52,000,000Source
Confidence
85%
2016Age 58

Led Xerox split creating Conduent

Oversaw the corporate separation of Xerox into Xerox Corporation (document technology) and Conduent Incorporated (business services); split announced/executed in 2016–2017.

1/1/2016Net Worth: $80,000,000Source
Confidence
90%
2016Age 58

Stepped down as Xerox CEO

Left the CEO role in December 2016; Jeff Jacobson succeeded her as CEO.

12/1/2016Net Worth: $80,000,000Source
Confidence
90%
2017Age 58

Left Xerox board and chairmanship

Resigned as chairman and left the Xerox board in May 2017 after the company separation finalized.

5/1/2017Net Worth: $90,000,000Source
Confidence
85%
2017Age 58

Joined Teneo as Senior Advisor / Non‑Executive Chairwoman later

Became a senior advisor to Teneo (June 2017) and later is noted as Non‑Executive Chairwoman.

6/1/2017Net Worth: $92,000,000Source
Confidence
90%
2017Age 58

Elected Chairman of VEON

VEON's board elected Burns as chairwoman in July 2017; VEON is a global telecom services company.

7/1/2017Net Worth: $95,000,000Source
Confidence
90%
2017Age 59

Joined Uber board of directors

Appointed to the board of directors of Uber Technologies in late September 2017 during a major board restructuring.

9/1/2017Net Worth: $100,000,000Source
Confidence
90%
2018Age 60

Named among 'America's Top 50 Women In Tech'

Featured in 2018 lists highlighting top women in technology in the U.S.

1/1/2018Net Worth: $105,000,000Source
Confidence
80%
2018Age 60

Appointed CEO of VEON

With the sudden CEO departure, Burns served as executive chairwoman then was appointed CEO of VEON in December 2018; she held both chair and CEO roles until mid‑2020.

12/1/2018Net Worth: $105,000,000Source
Confidence
88%
2019Age 61

Husband Lloyd Bean died

Lloyd Bean, her husband and a Xerox scientist, passed away in 2019; they had lived in Rochester, NY.

1/1/2019Net Worth: $95,000,000Source
Confidence
95%
2020Age 62

Appointed to board of Waystar

Joined the board of directors of Waystar in 2020 (press release July 29, 2020).

1/1/2020Net Worth: $96,000,000Source
Confidence
90%
2020Age 61

Stepped down as VEON CEO (co‑CEOs appointed)

In February 2020 VEON appointed co‑CEOs Kaan Terzioğlu and Sergi Herrero, succeeding Burns as CEO. In June 2020 Gennady Gazin succeeded her as chairman.

2/1/2020Net Worth: $95,000,000Source
Confidence
90%
2021Age 63

Co‑founded Integrum Holdings (private equity)

Partnered with Tagar Olson and Richard Kunzer to co‑found Integrum Holdings, focusing on technology‑enabled services.

1/1/2021Net Worth: $110,000,000Source
Confidence
90%
2021Age 63

Published memoir 'Where You Are Is Not Who You Are'

Released a personal memoir in 2021 recounting her life and career.

1/1/2021Net Worth: $120,000,000Source
Confidence
95%
2022Age 63

Vice Chair, Dept. of Commerce Advisory Council on Supply Chain Competitiveness

Joined the U.S. Department of Commerce advisory council as Vice Chair to advise on supply‑chain competitiveness (February 2022).

2/1/2022Net Worth: $125,000,000Source
Confidence
90%
2023Age 65

Integrum raised inaugural fund of $1.1 billion

Integrum Holdings raised approximately $1.1 billion for its inaugural fund focused on technology‑enabled services investments.

1/1/2023Net Worth: $125,000,000Source
Confidence
95%
2024Age 65

Continued board roles

Continues to serve on boards including ExxonMobil, American Express, Endeavor Group Holdings, IHS Towers, Uber (joined 2017), and others; also provides counsel to non‑profits like Ford Foundation and the Met.

1/1/2024Net Worth: $130,000,000Source
Confidence
85%
2024Age 65

Nominated to TSMC board

Nominated for election to the board of Taiwan Semiconductor Manufacturing Company in April 2024.

4/1/2024Net Worth: $130,000,000Source
Confidence
85%