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March 18, 2013

Ex-Xerox CEO invited onto LPL board

Anne Mulcahy

LPL Financial, a Boston independent stock broker and a subsidiary of LPL Financial Holdings Inc., said Monday that it nominated former Xerox Corp. Chairman and CEO Anne Mulcahy to its board, The Associated Press reports.

The nomination is subject to approval by shareholders at the company's annual meeting in May. Mulcahy will also serve on the board's audit committee.

Mulcahy served as Norwalk-based Xerox's CEO from 2001 to 2009 and as chairman of the company from 2002 to 2010. She is currently a board director of Johnson & Johnson, Target Corp. and The Washington Post Co.

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