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Mike Salvino

Raul Fernandez
Feb 2, 2024

DXC makes Raul Fernandez permanent pres., CEO

Raul Fernandez is now the permanent president and CEO of DXC Technology, the Ashburn-based Fortune 500 IT company announced Thursday. DXC appointed Fernandez interim president and CEO in December 2023, replacing Mike Salvino in two of his three roles. David Herzog, DXC’s lead independent director, replaced Salvino as chairman of the board. Fernandez has been […]

Dec 20, 2023

DXC replaces CEO, Chair Mike Salvino

DXC Technology has replaced its chairman, president and CEO, Mike Salvino, with interim President and CEO Raul Fernandez, the Ashburn-based Fortune 500 IT company announced Wednesday. Salvino had served as president and CEO since 2019 and as chairman since 2022. He will transition from his role as chairman effective immediately, and remain in an advisory […]

Oct 5, 2022

DXC in talks with Asian buyout firm

DXC Technology Co. and Baring Private Equity Asia Ltd. are in talks after the Asian buyout firm approached the Ashburn-based Fortune 500 information technology services firm with a potential takeover, Bloomberg reported Tuesday. DXC has been working with advisers after receiving interest from a private equity firm in late September and said in a statement Tuesday […]

Photo illustration by Mark Jeffries
Sep 29, 2022

Stairway to heaven

Nationally, CEO pay in 2021 reached historic highs for the second year in a row, and Virginia was no exception to this trend. The CEOs of Virginia’s largest publicly traded companies were rewarded handsomely last year, with CEO compensation rising 4.9% year-over-year to an average $8.467 million compensation package, compared with $8.068 million in 2020. […]

Sep 22, 2022

DXC Technology receives takeover interest

Ashburn-based DXC Technology Co. has received takeover interest from at least one private equity firm and is working with advisers, Bloomberg reported Wednesday. A company spokesperson declined to confirm details about the potential takeover to Virginia Business, saying DXC doesn’t “comment on market rumor and speculation.” The company’s stock rose to $28.84 at 1:30 p.m. [&[...]

May 19, 2022

DXC President/CEO adds chairman to title

Mike Salvino, president and CEO of DXC Technology Co., will be adding chairman to his title, the Ashburn-based Fortune 500 IT services company announced Tuesday. Salvino will ascend to his new position following the company’s annual stockholder meeting on July 26. He succeeds former Pfizer Inc. Chairman and CEO Ian C. Read, who is retiring […]

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