The new head of Xerox Corp. is a native New Yorker who grew up in a lower East Side housing project.
Xerox will be the first Fortune 500 company headed by a black woman when Ursula Burns, 50, takes the reigns this summer.
Burns replaces Xerox CEO Anne Mulcahy, 56, who told shareholders Thursday she would be retiring in July and had picked her lieutenant as her successor.
Burns climbed the corporate ladder at Xerox, beginning as a summer engineering intern in 1980 and rising to president of the printing giant in 2002.
As president, Burns oversaw a large chunk of the company's operations including overseas research and development, engineering, manufacturing and marketing.
She helped to build Xerox into the world's largest maker of high-speed color printers.
Last year, Burns ranked 10th on Fortune magazine's top 50 Most Powerful Women in America. She's the second-highest placed African-American woman behind only Oprah Winfrey, who was ranked No. 8.
Reached at their Rochester home Friday, Burns' teenaged daughter, Melissa, 16, called her mom "a great person, a wonderful inspiration."
"She has taken us back to the old neighborhood a few times," said Melissa, a reference to Delancey St. on Manhattan's lower East Side. "Apparently it's a lot better now than it was when she was growing up."
Read more: NY Daily News
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