Age, Biography and Wiki
Darwin Deason was born on 1940 in Rogers, Arkansas, US, is an American businessman (born 1940). Discover Darwin Deason's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 84 years old?
| Popular As |
N/A |
| Occupation |
Businessman |
| Age |
84 years old |
| Zodiac Sign |
|
| Born |
1940, 1940 |
| Birthday |
1940 |
| Birthplace |
Rogers, Arkansas, US |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 1940.
He is a member of famous Businessman with the age 84 years old group.
Darwin Deason Height, Weight & Measurements
At 84 years old, Darwin Deason height not available right now. We will update Darwin Deason's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Darwin Deason's Wife?
His wife is Katerina Panos (m. 2008-2019)
| Family |
| Parents |
Not Available |
| Wife |
Katerina Panos (m. 2008-2019) |
| Sibling |
Not Available |
| Children |
3 |
Darwin Deason Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Darwin Deason worth at the age of 84 years old? Darwin Deason’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Darwin Deason's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Darwin Deason Social Network
| Instagram |
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| Linkedin |
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| Twitter |
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| Facebook |
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| Wikipedia |
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| Imdb |
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Timeline
Darwin Deason (born 1940) is an American billionaire businessman and political donor.
He founded Affiliated Computer Services in 1988, and sold it to Xerox for $6.4 billion in 2010, eventually becoming Xerox' largest individual shareholder (~12%, as of 2023).
Deason grew up on a farm near Rogers, Arkansas.
He moved to Tulsa, Oklahoma after graduating from high school, and he got a job at Gulf Oil.
Deason got a job for a data processing company, and eventually took control of a struggling subsidiary of a Dallas company that he spun out from MBank he renamed MTech.
While trying to take MTech private, it was purchased by EDS.
After selling MTech to EDS, Deason founded Affiliated Computer Services (ACS) in 1988.
ACS became one of the first companies to outsource office work to places outside of the United States.
The company went public in 1994.
Deason retired as CEO of the company in 1999, but remained Executive Chairman through its sale to Xerox in 2010.
In 2007, Deason attempted to buy control of ACS with the help of Cerberus Capital Management, but the deal collapsed due to board disagreements, and members of the ACS board resigned in protest.
Deason used the opportunity to reconstitute the Company's Board.
In 2009, Deason negotiated a deal to sell ACS.
Due to a negotiated additional premium/the value placed on his voting stock, shareholders sued Deason.
the suit was settled, and the sale closed in early 2010.
Deason and his family donated $250,000 to support Rick Perry's 2012 presidential candidacy.
In October 2015, Darwin Deason backed Ted Cruz for the 2016 campaign
In October 2016, Darwin Deason sued Xerox to block a restructuring plan that would eventually see his company spun out of Xerox, arguing the deal would misallocate his ownership between Xerox and its spin off, later named Conduent, and the transaction would have resulting in a poor allocation of debt between the Xerox' investment-grade business.and Conduent.
Xerox had just announced its plan to split its operations into is core copier and printers related businesses (Xerox), and the business process outsourcing business (Conduent Inc).
By the end of October 2016, the suit was settled and Deason's preferred shares were split between the companies (180,000 shares of Xerox's preferred stock and 120,000 preferred shares of Conduent).
Deason also donated $5 million to support Perry's 2016 presidential candidacy.
After Perry dropped out of the race, Deason asked for his money back.
Deason's son, Doug Deason is a member of the Koch Brothers political network.
During the 2017 attempt to repeal the Affordable Care Act, Doug Deason told Senator Mitch McConnell and other senior Republicans that they would not make political contributions if Congress did not reduce taxes and repeal the Affordable Care Act.
Between 2017 and June 30, 2019, Deason donated $1 million to the America First Policies-tied America First Action super PAC.
