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Blackjack

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Former Xerox chief dies

Charles Peter McColough, a Halifax-born war veteran and Dalhousie University graduate who worked for Xerox Corp. for nearly 30 years, guided the company through troubled times and is one of Harvard University’s "great American business leaders" of the 20th century, has died.

He was 84.

Mr. McColough, a well-connected captain of industry, died Wednesday in the United States after a long illness.

An obituary published recently in Greenwich (Connecticut) Time says the retired executive "significantly changed . . . the direction and goals of Xerox Corp."

"By 1979, (he) had built up Xerox revenues to $7 billion a year and its annual earnings to $563 million."
 
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