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16 September 2019Insurance

DXC Technology appoints new chief executive officer to lead next phase of growth

DXC Technology, a London insurance market service provider, has appointed Mike Salvino as its new president and chief executive officer (CEO).

Salvino succeeds Mike Lawrie, who has served as DXC’s chairman, president and CEO since the company’s formation in 2017. Lawrie will retire as DXC’s board chair on Dec. 31, 2019.

“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 Singh, chair of the board's nominating committee.

He added: “We want to thank Mike Lawrie for guiding DXC through its successful integration and initial phase of transformation. 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.”

Lawrie said: “Mike Salvino is the perfect choice to lead DXC into its next phase of growth. 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.”

Salvino added: “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.”

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