DXC Technology Appoints Raul Fernandez as President and Chief Executive Officer
01 Fevereiro 2024 - 6:15PM
Business Wire
Fernandez Brings Extensive Technology Industry
Experience and Deep Understanding of DXC’s Operations
DXC Technology (NYSE: DXC), a leading Fortune 500 global
technology services company, today announced that the Company's
Board of Directors unanimously appointed Raul Fernandez as its
President and Chief Executive Officer, effective immediately.
Fernandez, who was appointed Interim President and CEO in December
2023, has served as CEO of several successful companies prior to
this role, and as a member of DXC’s Board of Directors since
2020.
“After a thoughtful evaluation of Fernandez’s leadership and
operational expertise, as well as his deep knowledge of DXC from
his time on the Board of Directors and as Interim CEO, the Board
determined that he is the right leader to advance DXC’s strategic
plan and position the company for long-term growth,” said David
Herzog, Chairman of the Board. “Since Raul assumed the Interim role
in December, the Board has seen firsthand his ability to build upon
DXC’s successes, including with our trusted client relationships,
while driving improved performance to best serve our customers,
team members and investors over the long-term. The Board has full
confidence in Raul’s ability to strengthen DXC’s position within
the industry, support our transition from stability to profitable
growth and drive value for our shareholders.”
“I am thrilled to be leading DXC as President and CEO,” said
Fernandez. “I have long been impressed by the mission-critical and
digital solutions that we provide to our clients and the talented
team of 131,000 DXC colleagues working to serve clients around the
world. During my time on the Board and as Interim CEO, I have
gained a deeper understanding of DXC’s operations and identified
opportunities to enhance our geographic go-to-market execution,
further strengthen our financial performance and create an
environment to grow and develop talent. I am incredibly excited to
continue working with our global DXC team and the Board to execute
upon our existing growth strategy as we deliver value for our
shareholders and clients.”
As a result of today’s announcement, the Board will suspend its
previously announced CEO search process. DXC has also issued its
third quarter of fiscal 2024 results and will discuss its financial
results during its conference call and webcast at 5:00 p.m.
EST.
About Raul Fernandez
Fernandez, who has been a DXC Board member since 2020, currently
serves as Vice Chairman and co-owner of Monumental Sports &
Entertainment, a private partnership that owns some of Washington
DC's major sports franchise, including the NHL's Washington
Capitals, the WNBA's Washington Mystics, and the NBA's Washington
Wizards. The partnership also owns Monumental Sports Network, a
first-of-its-kind regional sports network for digital, mobile and
over-the-top (OTT) platforms.
He also currently serves as a director of Broadcom, Inc., an
Alternative Governor for the NBA Board of Governors, a Special
Advisor to Carrick Capital Partners, a member of the Strategic
Advisory Board of Volition Capital, and a director to several
private companies.
He has overseen a number of technology-focused companies during
the course of his career, including Proxicom, which he founded and
helped grow into a prominent global provider of e-commerce
solutions to Fortune 500 companies, eventually taking it public. He
later served as CEO of Dimension Data North America, an information
systems integration company, and then was Chairman and CEO of
ObjectVideo, a leading developer of intelligent video surveillance
software, prior to its sale to Alarm.com in 2017. He also
previously served as a director of GameStop, Corp., Kate Spade
& Co and Capitol Investment Corp. V and as a member of the
President's Council of Advisors on Science and Technology.
Forward Looking Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements." These statements represent current expectations and
beliefs, and no assurance can be given that the results described
in such statements will be achieved. Such statements are subject to
numerous assumptions, risks, uncertainties, and other factors that
could cause actual results to differ materially from those
described in such statements, many of which are outside of our
control. For a written description of these factors, see the
section titled "Risk Factors" in DXC's Annual Report on Form 10-K
for the fiscal year ended March 31, 2023, DXC's Quarterly Reports
on Form 10-Q for the quarterly periods ended June 30, 2023,
September 30, 2023, and December 31, 2023 and any updating
information in subsequent SEC filings. No assurance can be given
that any goal or plan set forth in any forward-looking statement
can or will be achieved, and readers are cautioned not to place
undue reliance on such statements which speak only as of the date
they are made. We do not undertake any obligation to update or
release any revisions to any forward-looking statement or to report
any events or circumstances after the date of this press release or
to reflect the occurrence of unanticipated events except as
required by law.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their
mission-critical systems and operations while modernizing IT,
optimizing data architectures, and ensuring security and
scalability across public, private, and hybrid clouds. The world's
largest companies and public sector organizations trust DXC to
deploy services to drive new levels of performance,
competitiveness, and customer experience across their IT estates.
Learn more about how we deliver excellence for our customers and
colleagues at DXC.com.
Category: Investor Relations
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Sean B. Pasternak Corporate Media Relations
+1-647-975-7326 sean.pasternak@dxc.com
John Sweeney Investor Relations +1-980-315-3665
john.sweeney@dxc.com
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