DXC Technology Names James Walker as Chief Administrative Officer

Rhea-AI Summary

DXC Technology (NYSE: DXC) has appointed James Walker as Chief Administrative Officer, reporting to CFO Rob Del Bene. Walker, with over 30 years of experience in technology and financial services, will oversee global operations and transformation initiatives to drive growth and operational efficiency. His responsibilities include enhancing workforce productivity, ensuring accountability, and leading corporate business services including IT functions. Walker previously served as VP of Economics for IBM Cloud and held senior positions at Bank of America, Morgan Stanley, and Credit Suisse. The company also announced that COO Jim Brady will retire at month's end.

Positive

• Strategic appointment of experienced executive with proven track record in cost reduction and automation
• Focus on operational efficiency and transformation initiatives
• Strengthening of leadership team with expertise from major technology and financial institutions

Negative

• Departure of Chief Operating Officer indicates potential leadership transition risks
• Organizational restructuring may cause short-term operational disruptions

Veteran Technology and Financial Services Executive to Drive Operational Excellence

ASHBURN, Va., Nov. 6, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of James Walker as Chief Administrative Officer. As a key addition to DXC's growing leadership team, Walker will report to DXC's Chief Financial Officer, Rob Del Bene.

In this role, Walker will oversee DXC's global operations and spearhead transformation initiatives to drive growth and operational efficiency. This includes continuing to strengthen the DXC operating model focused on delivering customer excellence. His responsibilities will include enhancing workforce productivity and ensuring clarity and accountability across the company. Additionally, Walker will lead corporate business services, including IT functions.

Walker joins DXC with more than 30 years of experience in technology and financial services. Most recently, he served as Vice President of Economics for IBM Cloud, where he successfully led strategic initiatives focused on cost reduction, automation advancement, and cross-organizational delivery. His career includes senior leadership positions at financial institutions including Bank of America, Morgan Stanley, and Credit Suisse. He holds a Bachelor of Arts degree in Economics from Newcastle University.

DXC's Chief Operating Officer, Jim Brady, will be retiring at the end of this month.

For more information DXC's leadership team, visit here.

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 any result, goal or plan set forth in any forward-looking statement can or 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, 2024, and any updating information in subsequent SEC filings. 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 document 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.

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SOURCE DXC Technology Company

FAQ

Who is the new Chief Administrative Officer of DXC Technology (DXC)?

James Walker has been appointed as the new Chief Administrative Officer of DXC Technology, reporting to CFO Rob Del Bene.

What is James Walker's previous experience before joining DXC Technology?

Walker has over 30 years of experience in technology and financial services, most recently serving as VP of Economics for IBM Cloud, and held senior leadership positions at Bank of America, Morgan Stanley, and Credit Suisse.

What are James Walker's main responsibilities at DXC Technology?

Walker will oversee global operations, lead transformation initiatives, enhance workforce productivity, ensure accountability, and lead corporate business services, including IT functions.

Who is leaving DXC Technology's leadership team?

Jim Brady, DXC Technology's Chief Operating Officer, will be retiring at the end of the month.