DXC Technology on Wednesday said CEO Mike Lawrie stepped down as CEO and president of the company, while announcing his replacement, formerly Accenture Executive, Mike Salvino.
"I just want to thank the global DXC team for all theirs support and all we have accomplished, "he said. "Over these past seven years, it's been my privilege to serve as chairman of CSC and DXC."
Lawrie said he will stay on the board until the end of the calendar year, helping Salvino get up to speed. "Transitioning to growth."
"We need to move faster in helping clients accelerate the adoption of digital solutions to better serve their customers and better serve their employees, "he said. "Over the past year, the board and I have been working on a succession planning process," Lawrie said. "We engaged in a real methodical search for my successor including internal and external candidates. We focus on executives with demonstrated growth in large-scale service businesses. As part of that process. "
" Mike is a terrific executive, "Lawrie said. Mike is a proven business leader with a strong track record leading company to innovate and grow. Dax on his transition to growth. "
Salvino also worked for private equity firm Carrick Capital as a managing director, where his portfolio company focuses on technology enable services, including BPO, security and machine learning, DXC said in a statement. Salvatore said he would take his "operational playbook" on those lessons to his new job.
"I'm very excited to take on the role and lead the company into the growth phase," Salvino said. "Over the last 30 years I've been working on operational playbook that drives sustainable growth. This playbook covers three main areas. We need to grow our people. We need to grow our clients. We need to grow our business. "
Salvino said in terms of people, he is focused on bringing the best talent to serve clients and a focus on career progression, and personal development. He vowed to create an environment that acknowledges and rewards its people. He said they would like to "make their clients happy" by using their digital transformation, as well as helping them to do their jobs in an "effective and silent manner."
"We have an enviable client base," Salvino said. Rationalize and modernize their IT infrastructure and portfolios.
DXC stock was down nearly 5 percent on Wednesday after-hours trading after the stock closed at US $ 36.49.
This article originally appeared at crn.com