Last January, Burns announced she would split the $18 billion Xerox into two publicly traded companies; one focused on document technology, still named Xerox, and the other, to be called Conduent, on business process outsourcing. Burns will continue as chair of Xerox but will give up the CEO role at year’s end. She tried to transform Xerox into an IT services shop, but revenue kept falling, dipping 8% in 2015. It’s not clear what will come next for Burns, the first African-American woman to run a Fortune 500 company.