Unisys President and Chief Operating Officer Mike Thomson to Discuss Recently Announced April 1, 2025, CEO Transition at the Needham Growth Conference
Unisys (NYSE: UIS) announced its participation in the upcoming Needham Growth Conference in New York City.
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Rhea-AI Summary
Unisys (NYSE: UIS) announced its participation in the upcoming Needham Growth Conference in New York City. Mike Thomson, President and COO, will present on January 14, 2025, at 8:45 a.m. ET, while additional executive management will host virtual investor meetings on January 16-17, 2025.
The presentation will focus on the recently announced leadership transition, where Thomson, 56, will succeed Peter Altabef as CEO on April 1, 2025. Altabef, 65, who has been CEO since 2015 and is the company's longest-serving chief executive, will continue as Board Chair. The transition aims to support the company's strategy for accelerated growth, enhanced profitability, and improved cash generation.
Positive
- Planned leadership transition maintains continuity with current COO stepping up to CEO role
- Current CEO remains as Board Chair, ensuring leadership stability
- Clear succession plan with defined timeline for April 1, 2025
Negative
- None.
Details
News Market Reaction – UIS
The recorded move for UIS in the trading session of this news was +1.46%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
On April 1, 2025, Mike Thomson, 56, will succeed Peter Altabef, 65, CEO since 2015 and Unisys' longest-serving CEO. Altabef will remain as Chair of the Unisys Board of Directors. During his presentation, Thomson will discuss the planned leadership transition, which aims to ensure the continued execution of the company's long-term strategy to accelerate growth and enhance profitability and cash generation.
Investors interested in scheduling meetings with Unisys executives should contact their respective conference representatives. The live webcast and a replay of the presentation will be accessible from the Unisys Investor Website at https://www.unisys.com/investor-relations/.
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.
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SOURCE Unisys Corporation
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