Lexmark Names New President and CEO

Lexmark, a global imaging solutions leader, announced that its board of directors has unanimously selected Dr. Richard (Rich) Geruson as Lexmark’s president and chief executive officer.

An experienced technology leader, Dr. Geruson spent the last six years as chief executive officer and president of Phoenix Technologies, the premier provider of firmware and optimization software for PCs, tablets, and embedded IoT devices. Prior to that, he was chief executive officer of Voice Signal, a pioneer of voice recognition software for mobile phones. He also held senior vice president and vice president positions at Nokia, IBM, and Toshiba, and was an executive at McKinsey & Company.

“We are pleased to welcome Rich to Lexmark,” said Mickey Kantor, chairman, Lexmark’s board of directors. “His track record of growing established technology businesses while ensuring profitability makes him an ideal choice to lead Lexmark to its next level of success.”

In addition to a bachelor’s degree in economics from La Salle University, Dr. Geruson has completed three graduate programs at the University of Oxford, including a master’s degree and a doctorate in economics. He was a member of the research faculty at Harvard Business School where he completed the book, A Theory of Market Strategy, and has served on numerous boards of public and private companies across three continents.