B2B IT services provider DXCTechnology has announced the appointment of Mike Salvino as its President and Chief Executive Officer following the retirement of Mike Lawrie.
Lawrie had served as DXC’s Chairman, President and CEO since the firm’s launch in 2017.
His retirement from DXC’s board will be effective on December 31.
“Mike Salvino, who joined DXC’s board in May 2019, is a respected leader in the IT services industry with more than 30 years of experience and a strong track record of building profitable businesses that delivered value for clients and shareholders,” said Manoj P.Singh, Chair of the Board’s Nominating Committee.
“We want to thank Mike Lawrie for guiding DXC through its successful integration and initial phase of transformation,” Singh said.
Salvino most recently served as a managing director at Carrick Capital Partners, a private equity firm focused on the technology sector.
Prior to that, served for seven years as group Chief Executive of Accenture Operations, one of Accenture’s five businesses, and was a member of Accenture’s Global Management Committee.
“Mike Salvino is the perfect choice to lead DXC into its next phase of growth,” said Lawrie. “He is a proven leader with a strong track record of successfully running businesses, forging trusted client relationships, and creating an environment to grow and develop talent.
“It’s been my privilege to serve as CEO as we repositioned DXC to focus on digital transformation and how we best serve clients.”
Commenting on his appointment, Salvino said, “DXC is a world-class business, built by its extraordinary leaders and workforce. I’m proud of all that we accomplished.
“DXC has an enviable client portfolio, deep industry partnerships and a talented global team. I am looking forward to leveraging these strengths and my proven operational playbook to accelerate the execution of our growth strategy.
“During his tenure, DXC became the world’s leading, independent end-to-end IT services company and built significant digital capabilities to help DXC execute its strategy. We look forward to his continued leadership during this important transition.”