DXC President/CEO adds chairman to title
Mike Salvino replaces Ian Go through as chair
Released
Mike Salvino, president and CEO of DXC Technology Co., will be including chairman to his title, the Ashburn-based Fortune 500 IT providers organization introduced Tuesday.
Salvino will ascend to his new place following the company’s once-a-year stockholder conference on July 26. He succeeds previous Pfizer Inc. Chairman and CEO Ian C. Read through, who is retiring immediately after a two-year stint as DXC’s chairman.
David Herzog, who has served on DXC’s board given that since 2017, will grow to be the board’s guide impartial director.
“Mike’s appointment to board chairman reflects his tremendous success as DXC’s president and CEO and his exceptional doing work romantic relationship with our board,” Examine claimed in a assertion. “Since Mike grew to become CEO, he has effectively guided DXC via an amazing transformation journey, building sizeable value for DXC customers, colleagues and shareholders. On behalf of the overall board, I am delighted to welcome Mike as our following chairman.”
DXC outlined its transformation journey in its 2021 annual report as a five-section strategic program concentrating on shoppers, the industry, optimizing fees, strengthening finances and recruiting and retaining expertise.
“We would like to thank Ian for his determination to DXC as chairman and for his aid in guiding the business as a result of its transformation journey,” Salvino said. “Ian is an completed chief who has experienced an indelible effects on DXC, serving as a mentor, spouse and a continual hand for the entire board above the previous two decades as we put DXC in a considerably stronger situation. It is really an honor to perform with him.”
Herzog, a former chief money officer for AIG Inc., also serves on the board of MetLife Inc., Ambac Money Group Inc. and PCCW Minimal. He will reduce the number of other public boards he serves on from three to two before taking on his new purpose for DXC.
“David is a seasoned director who has served on the board due to the fact DXC’s development, like as acting chairman and as audit committee chair, and we search forward to his ongoing solid partnership,” Salvino said.
