245:, Thoman was serving as Senior Vice President and CFO of IBM, and before that as Senior Vice President and general manager of IBM's Personal Systems Group which he led a successful turnaround. In April 1999 at the company annual meeting, Allaire was succeeded as CEO by Thoman but remained chairman of the board; Allaire had intended to retire but the board convinced him to stay on since Thoman was an outsider. As a nod to CFO Barry D. Romeril and William F. Buehler, who were Allaire loyalists that were ending up passed over in the succession planning, Allaire requested that they be given seats on the board as vice-chairman.
225:. Allaire transformed the office of the president into a newly formed corporate office, with four executives dividing the responsibilities that usually fall under the president and chief operating officer. The group shared operational responsibilities for Xerox's nine worldwide business units and three worldwide geographic customer operations units. One of these four key officials was A. Barry Rand, executive vice president of operations, and one of the highest-ranking African-Americans in business at the time.
249:
including
Romeril and Buehler remained loyal to Allaire and viewed Thoman as an outsider. These undercut Thoman's authority as CEO, as he was only able to make a few senior management changes, and the entrenched bureaucracy as Xerox (nicknamed "Burox") provided passive resistance to Thoman's initiatives. This in turn may have contributed to several botched reorganizations under his tenure.
229:
digital copier-Document Center. In 1994, Allaire rebranded Xerox as "The
Document Company" to signal its ambition to move far beyond copiers, as the growth of desktop computing stimulated huge increases in the number of documents being created. Under Allaire's "Leadership through Quality" program, Xerox was the first U.S. company to win back lost market share from the Japanese.
228:
When
Allaire became CEO, Xerox had billions of dollars in insurance liabilities, so he methodically disentangled the company from property and casualty insurance and other financial-services businesses. Allaire also rolled out cost-cutting and new product technology introductions, including the first
282:
that allowed the company to overstate its profits by $ 1.4 billion from 1997 to 2000. As the "Xerox six" were not found guilty of wrongdoing, Xerox said that it would reimburse the executives for all but $ 3 million of the $ 22 million and cover their legal fees. The $ 3 million
248:
Allaire and Thoman both shared the vision that Xerox needed to reinvent itself to succeed in the
Digital Age, and Thoman's record of working with Gerstner in IBM's turnaround made him the ideal person to lead the transformation. However, it has been reported that many of Xerox's senior executives
232:
Allaire earned a reputation throughout his Xerox career as a cost cutter who reorganized departments and increased market share. In his short tenure as chairman, he tried innovative marketing techniques, such as replacing dissatisfied customers' equipment free of charge, and selling home-office
240:
from IBM as Xerox
President and COO which positioned Thoman as the eventual successor, and this news caused the company shares to rise $ 2 (2.9%) to $ 71.75 on the New York Stock Exchange, after earlier touching a record $ 73.25. A protégé of
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who retired at the mandatory age limit of 60. Allaire was elected as the company's chairman on May 29, 1991, after Kearns accepted an appointment as
Secretary of Education in the administration of President
233:
products in supermarkets. He boldly lopped off Xerox's entire interest in financial services, directing the company back to its major strengths – the production of what Xerox called "document systems."
256:
to
President and COO. Allaire retired as CEO on August 1, 2001, being succeeded by Mulcahy. Allaire remained chairman of the board until the end of 2001. In 2000, he was also a recipient of the Silver
107:, and is the son of Arthur E. (a truck farmer) and Elodie (LaPrade) Murphy. On January 26, 1963, Allaire married Kathleen Buckley, with whom he had children, Brian and Christiana. He was a Democrat.
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Allaire, Thoman, Romeril, and three other senior Xerox executives paid the SEC $ 22 million to settle accusations by securities regulators that they participated in a large
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267:'s remuneration committee where he remained until his retirement in 2003, which was forced as part of a settlement with the
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73:(July 21, 1938 – February 24, 2019) was an American entrepreneur who served as CEO and chairman of
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in 1960 with a
Bachelor of Science degree in electrical engineering, where he was a brother of
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305:"In Memoriam: Paul A. Allaire '60, Former Chairman of Xerox Corporation and WPI Trustee"
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Paul A. Allaire, president and CEO of Xerox Corp, was elected chairman on May 29, 1991
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After Thoman was fired in 2000, Allaire was once again appointed CEO, and he promoted
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88:. He earned a Master of Science degree in industrial administration from
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in 1960. He was a trustee of both
Worcester Polytechnic Institute and
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Corporation, and as a director on several other public companies.
74:
340:
Newsmakers, The People Behind Today's
Headlines, 1995 Cumulation
271:. He is also a former member of the Steering Committee of the
975:
Members of the Steering Committee of the Bilderberg Group
651:"Xerox Corp.: Mulcahy confirmed as chief executive".
287:
by the SEC and cannot be reimbursed under its rules.
980:
American chief executives of manufacturing companies
263:
After leaving Xerox, Allaire became the chairman of
693:Murray-West, Rosie; English, Simon (June 5, 2003).
564:Bianco, Anthony; Moore, Pamela L. (March 5, 2001).
559:
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216:Allaire was named CEO in August 1990, succeeding
337:Collins, Louise Mooney; Speace, Geri J. (1995).
414:
412:
410:
625:"PrivateSector; Healing From Executive Trauma"
598:"PrivateSector; Healing From Executive Trauma"
402:…he joined Stamford, Conn.-based Xerox in 1966
8:
955:Businesspeople from Worcester, Massachusetts
793:
695:"US ban forces Allaire to quit Glaxo seat"
20:
756:"6 From Xerox To Pay S.E.C. $ 22 Million"
508:"Xerox Hires I.B.M. Officer As President"
463:"Xerox Names Paul Allaire as Chairman".
394:"Xerox Names Paul Allaire as Chairman".
343:. New York: Gale Research Inc. pp.
112:
296:
960:Worcester Polytechnic Institute alumni
623:Deutsch, Claudia H. (March 18, 2001).
110:He was first hired by Xerox in 1966.
420:"Hr Woes at Xerox | HR Magazine"
7:
940:American technology chief executives
332:
330:
328:
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64:Former Chairman of Xerox Corporation
950:Carnegie Mellon University trustees
722:"Former Steering Committee Members"
369:"Paul A. Allaire Chairman Emeritus"
14:
16:American entrepreneur (1938–2019)
945:Tepper School of Business alumni
985:Recipients of the Olympic Order
850:August 1, 1990 – April 6, 1999
442:"A. Barry Rand: Biography from"
141:Director of Financial Analysis
82:Worcester Polytechnic Institute
174:Xerox Corp. managing director
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878:May 11, 2000 – July 31, 2001
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94:Carnegie Mellon University
90:Carnegie Mellon University
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906:1991 – December 31, 2001
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535:"G. Richard Thoman News"
152:Director of Xerox Corp.
236:In 1997, Allaire hired
80:Allaire graduated from
726:bilderbergmeetings.org
185:Senior Vice-President
817:August 12, 1986–1991
566:"Xerox: The Downfall"
482:"Xerox's paper tiger"
283:was classified as a
163:Chief staff Officer
99:Allaire was born in
797:Business positions
736:on February 2, 2014
700:The Daily Telegraph
533:Gilpin, Kenneth N.
71:Paul Arthur Allaire
25:Paul Arthur Allaire
965:Directors of Xerox
824:Title next held by
760:The New York Times
630:The New York Times
602:The New York Times
539:The New York Times
512:The New York Times
130:Financial Analyst
918:
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909:Succeeded by
902:Xerox Corporation
881:Succeeded by
874:Xerox Corporation
866:G. Richard Thoman
856:G. Richard Thoman
853:Succeeded by
846:Xerox Corporation
828:G. Richard Thoman
813:Xerox Corporation
578:on April 11, 2001
488:. October 5, 2000
465:Los Angeles Times
397:Los Angeles Times
375:on August 8, 2014
238:G. Richard Thoman
223:George H. W. Bush
214:
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207:Chairman and CEO
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34:February 24, 2019
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891:Preceded by
863:Preceded by
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802:Preceded by
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732:. Archived from
730:Bilderberg Group
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467:. May 30, 1991.
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371:. Archived from
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280:accounting fraud
273:Bilderberg Group
166:Rank Xerox Ltd.
144:Rank Xerox Ltd.
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514:. June 13, 1997
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218:David T. Kearns
86:Phi Kappa Theta
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900:Chairman of
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764:. Retrieved
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738:. Retrieved
734:the original
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373:the original
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243:Lou Gerstner
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210:Xerox Corp.
199:Xerox Corp.
188:Xerox Corp.
177:Xerox Corp.
155:Xerox Corp.
133:Xerox Corp.
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55:Entrepreneur
36:(2019-02-24)
18:
935:2019 deaths
930:1938 births
785:Appearances
766:November 9,
740:February 8,
678:December 3,
608:November 9,
544:November 9,
518:November 9,
492:November 9,
448:November 9,
426:November 9,
43:Nationality
924:Categories
291:References
196:President
119:Job Title
51:Occupation
673:Olympedia
379:August 1,
101:Worcester
706:March 1,
636:March 1,
582:March 1,
315:July 15,
193:1986–91
182:1983–86
171:1979–83
160:1975–79
149:1973–75
138:1970–73
127:1966–70
46:American
872:CEO of
844:CEO of
204:1991 –
122:Branch
821:Vacant
789:C-SPAN
351:
116:Year
75:Xerox
768:2011
742:2014
708:2009
680:2021
638:2009
610:2011
584:2009
546:2011
520:2011
494:2011
450:2011
428:2011
381:2014
349:ISBN
317:2019
285:fine
31:Died
787:on
309:WPI
269:SEC
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