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Mike Salvino

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Mike Salvino
NationalityAmerican
Alma materMarietta College (BS)
Occupation(s)Chairman and CEO of DXC Technology
Children3
Websitehttps://dxc.com/us/en/about-us/leadership-and-governance/mike-salvino

Michael J. Salvino[1] is an American business executive. He was president and CEO of DXC Technology from September 2019 to December 2023.

Education

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Salvino attended Marietta College, where he earned a Bachelor of Science in industrial engineering in 1987.[2][3] Salvino was a starter for the Marietta Pioneers, the school’s basketball team, where he was a forward.[4][5]

Career

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Salvino’s first major position was with Andersen Consulting, where he became an associate partner in 1997.[6] He later left the company for Exult Inc.[7] By 2003, he had been promoted to executive vice-president for North American client sales and accounts at Exult,[8] and by April 2004, he was the company’s president for the Americas region.[9] Before he left for Accenture in 2006, Salvino had been appointed global sales and accounts co-leader for Hewitt's human resources outsourcing group, which had acquired Exult.[10]

Salvino joined Accenture in 2006 to serve as managing director of business process outsourcing (BPO). In September 2009, he was named group chief executive of business process outsourcing.[10]

In 2014, Salvino became group chief executive of Accenture operations.[11] As of 2016, when he left Accenture Operations, Salvino supervised 100,000 employees, with the division generating $7 billion in annual revenue.[2]

In 2016, Salvino joined Carrick Capital Partners as one of the firm’s operating partners.[12] He later became a managing director.[13]

In May 2019, Salvino joined the board of directors of DXC Technology, and in September of that same year, he became CEO of the company.[13]

In 2020, Salvino oversaw a deal to sell DXC's state and local health and human services business to Veritas Capital[14] for $5 billion.[15]

In 2021, Salvino rejected an offer from French IT firm Atos to acquire DXC.[15][16] Salvino said the bid undervalued the company based on recent quarterly gains.[17]

Leaves CEO role

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In May 2022, Salvino was appointed as the chairman of DXC's board, taking over Ian Read following his retirement in July 2022.[18]

In December 2023, it was announced that Salvino would no longer be CEO of DXC Technology.[19][20]

Other professional activities

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Salvino was recognized as an International Association of Outsourcing Professionals Hall of Fame award winner in 2014.[21]

As of 2021, Salvino also serves on multiple boards outside of DXC Technology, including those of the Atrium Health Foundation, Marietta College, and the Duke University Pratt School of Engineering.[22][23] Salvino delivered the 2021 commencement address for Marietta’s graduating class and was awarded an honorary doctorate degree.[24]

Personal life

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Salvino lives in Charlotte, North Carolina.[25] He and his wife Denise[26] have three children.[27]

References

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  1. ^ "Michael J. Salvino". Wall Street Journal. Retrieved February 5, 2021.
  2. ^ a b Johnson, O’Ryan (September 13, 2019). "DXC Technology's New CEO: 5 Things You Need To Know About Mike Salvino". CRN. Retrieved February 5, 2021.
  3. ^ "Salvino '87 tabbed to lead Fortune 500 company DXC Technology". Marietta Magazine. No. Fall 2019. Marietta College. Retrieved February 5, 2021.
  4. ^ "The Times Recorder from Zanesville, Ohio on February 11, 1987 · 10". Newspapers.com. Retrieved 2022-10-21.
  5. ^ "The Newark Advocate from Newark, Ohio on December 15, 1985 · 21". Newspapers.com. Retrieved 2022-10-21.
  6. ^ Palikuca, Seka P. (November 16, 1997). "Grant Thornton Selects Chief Executive Officer". Chicago Tribune. Retrieved February 5, 2021.
  7. ^ Zimmerman, Eilene (April 2001). "B of A and big-time outsourcing". Workforce. 80 (4): 50–54. Retrieved 16 December 2021.
  8. ^ Brown, David (2 June 2003). "BMO signs major HR outsourcing deal". Canadian HR Reporter. Retrieved 16 December 2021.
  9. ^ "EXULT WINS AWARD FOR OUTSOURCING SERVICES". Orange County Register. April 21, 2004.
  10. ^ a b Frinton, Sandy (January–February 2013). "Fresh Face: Mike Salvino: View from the C-Suite" (PDF). Pulse. International Association of Outsourcing Professionals. pp. 36–43. Retrieved February 5, 2021.
  11. ^ Smith, Peter (July 23, 2015). "Accenture Acquires EnergyQuote JHA, Strengthens Energy Procurement Offering". Spend Matters. Retrieved February 5, 2021.
  12. ^ Burns, Hilary (July 28, 2016). "Michael Salvino retires from Accenture Operations, joins Cali-based investment firm". Charlotte Business Journal. Retrieved February 5, 2021.
  13. ^ a b Johnson, O’Ryan (September 11, 2019). "DXC Picks Former Accenture Executive As New CEO As Mike Lawrie Retires". CRN. Retrieved February 5, 2021.
  14. ^ Hansen, Drew (March 11, 2020). "DXC to offload health business for $5B in cash". Washington Business Journal. Retrieved February 5, 2021.
  15. ^ a b Schechner, Sam (7 January 2021). "France's Atos Swoops for DXC in Bid to Create IT Giant". Wall Street Journal. Retrieved 22 December 2021.
  16. ^ Johnson, O'Ryan (2 February 2021). "Atos Pulls Out Of DXC Technology Bid". CRN. Retrieved 22 December 2021.
  17. ^ Cordell, Carten (5 February 2021). "DXC doubles down on transformation plan after snubbing Atos". Washington Business Journal. Retrieved 22 December 2021.
  18. ^ Mabeus, Courtney (May 19, 2022). "DXC President/CEO adds chairman to title". Virginia Business.
  19. ^ Hansen, Drew (20 December 2023). "DXC Technology parts ways with CEO Mike Salvino, names Raul Fernandez interim chief". www.bizjournals.com. Retrieved 2023-12-20.
  20. ^ "DXC Technology CEO, Chairman Mike Salvino Exits". MarketWatch. Retrieved 2023-12-20.
  21. ^ "IAOP - The Outsourcing Hall of Fame". www.iaop.org. Retrieved 2023-08-29.
  22. ^ "Federal Contractors: Technology". Virginia Business. 30 August 2020. Retrieved 21 December 2021.
  23. ^ "DXC Technology Co". Wall Street Journal. Retrieved 4 May 2022.
  24. ^ "Commencements: Marietta College celebrates 2020, 2021 grads". mariettatimes.com. Retrieved 2022-10-21.
  25. ^ "Mike Salvino". LinkedIn. Retrieved February 8, 2021.
  26. ^ O'Daniel, Adam (August 9, 2013). "Leading a key outsourcing firm from Charlotte". Charlotte Business Journal. Retrieved February 8, 2021.
  27. ^ O'Daniel, Adam (February 6, 2015). "Five steps for consulting success". Charlotte Business Journal. Retrieved February 5, 2021.
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