DXC Technology (NYSE: DXC) has appointed Matt Fawcett as Executive Vice President and General Counsel, effective April 1, to replace Bill Deckelman, who is set to retire on June 1, 2024, after 16 years with the company. Fawcett brings with him 30 years of legal experience and a strong background in the technology industry. He previously served as the General Counsel of NetApp, a Fortune 500 global cloud-led, data-centric software company, and most recently held the position of Executive Vice President and Chief Strategy Officer at NetApp.
Fawcett's appointment comes as part of DXC's strategic leadership changes to drive the company's next chapter of growth. His extensive experience in technology and software, particularly in managing a portfolio of 'as-a-service' product offerings, is expected to be valuable for DXC's future development. Raul Fernandez, President and CEO of DXC, expressed excitement about Fawcett's appointment, citing his successful track record and deep industry knowledge as valuable assets for the company.
The transition in leadership reflects DXC's focus on bringing in seasoned industry veterans to drive its strategic agenda. Fawcett's appointment marks a significant change in the company's leadership structure, as he takes over from Deckelman, who has played a key role at DXC for over a decade and a half.
The company's decision to bring in Fawcett, with his extensive background in the technology sector, underscores DXC's commitment to leveraging experienced leadership to navigate its growth trajectory. This move is indicative of DXC's strategic approach to position itself for future success. Following these announcements, the company's shares moved 0.9%, and are now trading at a price of $21.05. If you want to know more, read the company's complete 8-K report here.
