Key Takeaways
- • Galaxy Digital Inc. (GLXY) appointed Steven Bandrowczak, former CEO of Xerox Holdings Corporation, as a director, bringing enterprise technology and operational leadership experience to the cryptocurrency and digital assets firm's board.
- • Bandrowczak stepped down from Xerox's CEO role in March 2026 after leading the company through significant acquisitions including Lexmark and ITsavvy, and advancing its multi-year "Reinvention" strategy focused on digital workplace transformation.
- • The appointment reflects Galaxy Digital's continued board evolution and signals potential strategic focus on enterprise solutions and operational discipline within the digital assets sector.
- • Bandrowczak brings over 30 years of IT and technology executive experience, including roles as interim CEO and permanent CEO at Xerox from 2022 onward, positioning him as an experienced operator in complex business transformation.
Summary
Galaxy Digital Inc. (GLXY) has named Steven Bandrowczak, the recently departed CEO of Xerox Holdings Corporation, as a director on its board. Bandrowczak's appointment brings significant enterprise technology and operational expertise to the cryptocurrency and digital assets platform during a period of continued industry evolution and regulatory development.
Bandrowczak most recently served as Chief Executive Officer of Xerox Holdings Corporation, a position he assumed in August 2022. During his tenure, he oversaw critical strategic initiatives including the successful acquisition and integration of Lexmark and ITsavvy, while driving the company's multi-year "Reinvention" strategy aimed at strengthening Xerox's operational foundation and digital workplace capabilities. He stepped down from the CEO role effective immediately in March 2026, following the board's appointment of Louie Pastor as his successor. According to Xerox's Board Chairman Scott Letier, Bandrowczak's leadership proved instrumental during "a pivotal period for the company."
Prior to his CEO appointment, Bandrowczak served as interim CEO of Xerox following the death of the previous chief executive. His career spans more than 30 years in IT and technology executive roles, establishing a track record in managing large-scale enterprise operations, acquisitions, and organizational transformation. His background in operational discipline and strategic execution aligns with Galaxy Digital's ongoing efforts to strengthen its institutional positioning and governance structure.
The appointment to Galaxy Digital's board adds another chapter to Bandrowczak's portfolio of leadership roles and reflects the digital assets sector's continued recruitment of experienced executives from traditional enterprise technology backgrounds. As Galaxy Digital navigates evolving market conditions and regulatory frameworks, Bandrowczak's experience in managing complex business models and multi-year strategic initiatives may contribute valuable perspective to board-level decision-making.
Bandrowczak most recently served as Chief Executive Officer of Xerox Holdings Corporation, a position he assumed in August 2022. During his tenure, he oversaw critical strategic initiatives including the successful acquisition and integration of Lexmark and ITsavvy, while driving the company's multi-year "Reinvention" strategy aimed at strengthening Xerox's operational foundation and digital workplace capabilities. He stepped down from the CEO role effective immediately in March 2026, following the board's appointment of Louie Pastor as his successor. According to Xerox's Board Chairman Scott Letier, Bandrowczak's leadership proved instrumental during "a pivotal period for the company."
Prior to his CEO appointment, Bandrowczak served as interim CEO of Xerox following the death of the previous chief executive. His career spans more than 30 years in IT and technology executive roles, establishing a track record in managing large-scale enterprise operations, acquisitions, and organizational transformation. His background in operational discipline and strategic execution aligns with Galaxy Digital's ongoing efforts to strengthen its institutional positioning and governance structure.
The appointment to Galaxy Digital's board adds another chapter to Bandrowczak's portfolio of leadership roles and reflects the digital assets sector's continued recruitment of experienced executives from traditional enterprise technology backgrounds. As Galaxy Digital navigates evolving market conditions and regulatory frameworks, Bandrowczak's experience in managing complex business models and multi-year strategic initiatives may contribute valuable perspective to board-level decision-making.
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