Posted 17 May, 2022
DXC Technology Co appointed new CEO
CEO Change detected for ticker NYSE:DXC in a 8-K filed on 17 May, 2022.
On May 17, 2022, the board of directors (the "Board") of DXC Technology Company (the "Company") appointed Michael J. Salvino, the Company's President and Chief Executive Officer, who currently also serves as a member of the Board, to serve as Chairman of the Board, effective after the Company's Annual Meeting of Stockholders on July 26, 2022 (the "2022 Annual Meeting").
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Overview of DXC Technology Co
Business/Consumer Services • Computer Services
DXC Technology Co. engages in the provision of technology consulting, outsourcing and support services. It operates through the Global Business Services (GBS) and Global Infrastructure Services (GIS) segments. The GBS segment provides technology solutions that help clients address challenges and accelerate the digital transformations that are tailored to each client's specific objectives. The GIS segment offers a portfolio of technology offerings that deliver predictable outcomes and measurable results while reducing business risk and operational costs for customers. The company was founded in 1959 and is headquartered in Ashburn, VA.Market Cap
$3.81B
View Company Details
$3.81B
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 17, 2022, the board of directors (the "Board") of DXC Technology Company (the "Company") appointed Michael J. Salvino, the Company's President and Chief Executive Officer, who currently also serves as a member of the Board, to serve as Chairman of the Board, effective after the Company's Annual Meeting of Stockholders on July 26, 2022 (the "2022 Annual Meeting"). Mr. Salvino succeeds Ian C. Read, who will be retiring from the Board on the 2022 Annual Meeting. The Board also selected David Herzog, who currently serves as a member of the Board, to serve as Lead Independent Director effective after the 2022 Annual Meeting. A copy of the press release issued on May 17, 2022 announcing these appointments and Mr. Read's retirement from the Board is attached hereto as Exhibit 99.1.
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