Ursula Burns Net Worth, Early Life, Career Highlights, Boards, Honors, Personal Life and Popularity

The present Chairwoman and former CEO of Xerox, Ursula Burns net worth accelerated as she became the first African-American woman CEO to head Fortune 500 Company.

Synopsis

Born in 1958, Ursula Burns serves as the Chairman of Xerox since 2010. Similarly, she took over the position of CEO of Xerox after Anne Mulcahy from 2009 to 2016. Ursula Burns net worth grew as she became the first African-American to lead Fortune 500 Company. Consequently, Forbes magazine ranked her 22^nd in the list of most powerful woman in the world in 2014.

Early Life and Background

Ursula Burns was born on September 20, 1958 in New York City, the US. She grew up under the parenthood of single mother in New York City housing project. Born to the Panamanian immigrant parents, Burns holds American citizenship and belongs to black ethnicity.

Burns went to Catholic all-girls school Cathedral High School in New York City. She then attended New York University Tandon School of Engineering from where she earned her BS degree in Mechanical Engineering in 1980. Similarly, she enrolled in Columbia University and graduated with Master of Science in Mechanical Engineering in 1981.

Professional Career Highlights

Burns joined Xerox as summer intern in 1980 for a year and then got a permanent position in 1981. Ursula Burns net worth rose as she got to work in various roles in product development and planning during 1980s.

However, in 1990, her career took a turnout when Wayland Hicks, the senior executive, offered her a job as his executive assistant. She worked in the position for 9 months. The following year, she went to work as executive assistant to then chairman and chief executive, Paul Allaire. In 1999, she became the vice president for global manufacturing.

In 2000, Ursula Burns net worth hiked as she got promotion as senior vice president of corporate strategic services. During this position, she worked closely with soon-to-be CEO Anne Mulcahy and developed partnership. A couple of years later, Burns became president of business group operations and then the CEO in 2009 succeeding Mulcahy.

Towards the end of 2016, Burns left the position of CEO at Xerox; however, she remained the chairperson. Jeff Jacobson succeeded her as the CEO.

Boards and Community Activities

In addition to her roles in Xerox, Ursula Burns net worth is high due to her involvement in boards. She is the board of director of the American Express Corporation, Exxon Mobil Corporation and Datto Inc. Ursula Burns net worth gained a new height as she served professionally on community boards. She has also served American Express, Boston Scientific, University of Rochester, the MIT Corporation and many others. In the same note, Burns has served as Vice Chairwoman of the Executive Committee of The Business Council.

Similarly, she provides leadership counsel to community. Additionally, her counseling reaches out to education and non-profit organizations such as FIRST, National Academy Foundation, MIT and the U.S. Olympic Committee. Likewise, Burns is also the founding board director of Change the Equation.

Honors and Awards

Among many of Burns’ remarkable career highlights, US President Barack Obama appointing her to help lead the White House National Program on STEM is a prestigious honor. Obama appointed her in 2009 and 2010 for the STEM (science, technology, engineering and math) program as vice chair of the President’s Export Council.

In addition to this participation that rose Ursula Burns net worth, she was also the Commencement Speaker at MIT’s 2011 Commencement. Likewise, she was the commencement speaker for Xavier University of Louisiana in 2012 where she received prestigious honorary degree. Forbes listed her among 100 most powerful women in the world multiple times.

Personal Life, Popularity and Net Worth

Burns married her fellow from Xerox, Lloyd Bean. The couple resides in Manhattan, New York with their daughter Melissa and Burns’ stepson, Malcolm.

Burns became a popular name when she made headline in 2009 after becoming the first African-American woman CEO of Fortune 500 company. Then after, she made frequent public appearances. The recognizable face with remarkable deeds, Ursula Burns net worth rose with her heightening career successes. She has the net worth of $15.5 million according to the most recent data available. This makes her one of the most powerful women in business as well as one of the highest paid woman businesswomen.