American BPO and IT services provider DXC Technology has named former Accenture executive Mike Salvino its new chief executive officer (CEO), allowing its long-time leader Mike Lawrie to retire.
Founded in 2017 following the merger of CSC and the enterprise business of Hewlett Packard Enterprise, DXC looks like it is following in the steps of IT consultant Accenture.
“Salvino is well-positioned to drive this next transition and growth agenda in digital. He previously served 22 years at Accenture. In his last role at Accenture, he led the firm’s largest BPO practice – which at the time was a legacy business with low margins,” writes Peter Bendor-Samuel, CEO of Everest Group, a research firm, on Forbes.
“As an early adopter of the new digital business model, Accenture transformed its legacy BPO business and a dynamic industry-leading business growing at 15% per year with strong margins. He now faces a similar challenge in DXC.”
Tysons, Virginia-based DXC offers numerous services ranging from legacy infrastructure to cloud infrastructure, analytics to BPS services, and contact centers to F&A and HR.
Its nearshore delivery centers are located in Puerto Rico, Costa Rica, Mexico, Brazil. DXC’s operations grew substantially in Latin America – particularly in Mexico – after it acquired European software development services provider Luxoft.
“Lawrie and the DXC board began discussing succession and planned retirement about a year ago,” the IT firm disclosed in a press release. “We want to thank Mike Lawrie for guiding DXC through its successful integration and the initial phase of transformation,” said Manoj Singh, Chair of the DXC Board’s Nominating Committee.