Xerox has appointed Faraz Hoodbhoy vice-president of commercialisation and operations at its Parc innovation division.

Faraz Hoodbhoy (pictured), head of the startups platform at US-headquartered telecommunications firm AT&T, has joined Parc, Xerox’s famed innovation centre in California, as vice-president of commercialisation and operations.

Hoodbhoy, a GCV Rising Stars 2018 award winner, had been in charge of AT&T’s Innovation ecosystem outreach programme as well as its Palo Alto, California foundry, and was responsible for evaluating and delivering 120-plus commercial deals per year worth about $1.6bn (8% of AT&T’s capital expenditure budget).

As well as direct…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.