Veteran of Corporate Evolution
Ursula BurnsAmerican Businesswoman
Born: September 20, 1958, Panama City, Panama
The chairperson and CEO of VEON. Xerox CEO (2009-2016) and chairman (2010-2017). The first black-American woman CEO to head a Fortune 500 company. The first woman to succeed as the head of a Fortune 500 company. The 22nd most powerful woman in the world (according to Forbes, 2014). A non-executive director of the beverage company Diageo since April 2018 and a senior adviser to Teneo. We are talking about the one and only Ursula Burns.
How did she manage to succeed in this business and what did she overcome? Get all these details from this inspiring story.
Life in Baruch Houses and Education
Ursula Burns was raised by a single mother in the Baruch Houses, a New York City housing project. This district wasn’t the most promising in NYC and the neighborhood wasn’t seemed to be positive.
Therefore, her mother was forced to run a daycare center out of her home and ironed shirts to pay for Ursula’s education in Catholic school, in New York University Polytechnic School of Engineering, where she got a Bachelor of Science degree, and in Mechanical Engineering from Columbia University, where she became a master of science.
Nevertheless, being raised in the Lower East Side, which wasn’t considered to be a luxury district for wealthy people in the 60s, Ursula was managed to get a substantial education and develop her best personal skills.
Ursula Burns Quotes
Being a founding member of Change the Equation, a member of Uber board of directors, and a CEO-led non-profit program to support STEM education, started in 2010 by the Obama administration, Ursula Burns explains her success in a simple way:
The best way to change it is to do it. Right? And then after a while, you become it, and it’s easy.
In 1980, Ursula came to Xerox to complete her summer internship. After completing her master’s degree in 1981, she joined it permanently. She worked in a range of roles in product development and planning in the remainder of the 1980s throughout her 20s.
Her career took an unexpected twist in January 1990, when Wayland Hicks, then a senior executive, offered Burns a job as his executive assistant. Ursula had lots of doubts and fears because of responsibility and difficulties of the potential job. Still, she accepted an offer. From that moment, Ursula began climbing the career ladder very headily:
- June 1991 – the Executive assistant of Paul Aller
- 1999 – Vice President of global manufacturing
- 2000 – Senior Vice President
- 2009 – CEO of the Xerox company
- 2017 – a chairwoman of VEON
- April 2018 – a non-executive director of Diageo
Besides her success in Xerox, we can’t ignore the fact that she was a Vice-Chairman of the Executive Committee of the business organization The Business Council and was a part of many professional and community boards, including Exxon Mobil Corporation, American Express, Boston Scientific, FIRST, National Association of Manufacturers.
Starting from the bottom, Ursula Burn is now a successful woman, as well as a good wife and happy mother of a beautiful young lady and a promising gentleman.
Photo credit: Forbes.com