Xerox Moves Treasurer to New Post

Xerox Corp. removed Gregory Tayler as treasurer of the world’s largest copier company and reassigned him to an unspecified job in Canada as federal prosecutors start investigating the company’s accounting.

Chief Financial Officer Lawrence Zimmerman will act as treasurer until a successor is found, the Stamford, Conn.-based company said.

Shares of Xerox fell 27 cents to $5.26 on the NYSE.