Mike Salvino | |
|---|---|
| Nationality | American |
| Alma mater | Marietta College (BS) |
| Occupation(s) | Former Chairman, President and CEO of DXC Technology and Current Adjunct Professor at Duke's Pratt School of Engineering |
| Children | 3 |
| Website | https://cfci.pratt.duke.edu/people/mike-salvino/ |
Michael J. Salvino [1] (born July 28, 1965) is an American industrial engineer and business executive. He is the former Chairman, President, and CEO of DXC Technology and is currently Adjunct Professor at the Pratt Engineering School at Duke University. His tenure at DXC included stabilizing the business and put the Company on a path for growth, overseeing a meaningful restructuring of the operations and balance sheet, while launching the DXC offering-led operating model and building a world-class leadership team. [2] [ better source needed ]
Salvino attended Marietta College, where he earned a Bachelor of Science in industrial engineering in 1987. [3] [4] Salvino was a starter for the Marietta Pioneers, the school’s basketball team, where he was a forward. [5] [6]
Salvino’s first major position was with Andersen Consulting, where he became an associate partner in 1997. [7] He later left the company for Exult Inc. [8] By 2003, he had been promoted to executive vice-president for North American client sales and accounts at Exult, [9] and by April 2004, he was the company’s president for the Americas region. [10] 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. [11]
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. [11]
In 2014, Salvino became group chief executive of Accenture operations. [12] As of 2016, when he left Accenture Operations, Salvino supervised 100,000 employees, with the division generating $7 billion in annual revenue. [3]
In 2016, Salvino joined Carrick Capital Partners as one of the firm’s operating partners. [13] He later became a managing director. [14] While at Carrick, Salvino served as Executive Chairman at InfiniaML, an established leader in AI and Machine Learning. [15]
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. [14]
In 2020, Salvino oversaw a deal to sell DXC's state and local health and human services business to Veritas Capital [16] for $5 billion. [17]
In 2021, Salvino rejected an offer from French IT firm Atos to acquire DXC. [17] [18] Salvino said the bid undervalued the company based on recent quarterly gains. [19]
In May 2022, Salvino was appointed as the chairman of DXC's board, taking over Ian Read following his retirement in July 2022. [20]
From April 2020-March 2023, under Salvino's leadership the Fortune 500 company and publicly traded entity on the NYSE delivered consistent financial performance, including three-year total shareholder return (TSR) performance at 113.7%, far outpacing the GICS 4510 companies at 25.4% and the S&P 500 over the same time frame. [21]
He stepped down as CEO in December 2023 but remained involved through March 2024. [22]
Since 2024 and currently, he has been an adjunct professor at Duke University’s Pratt School of Engineering. [23]
Salvino was recognized as an International Association of Outsourcing Professionals Hall of Fame award winner in 2014. [24]
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. [25] [26] Salvino delivered the 2021 commencement address for Marietta’s graduating class and was awarded an honorary doctorate degree. [27]
As of 2024, he also serves on the board of The Josephinum, which is a Roman Catholic seminary and private pontifical college located in the Columbus, Ohio. [28] In 1892, Pope Leo XIII granted it pontifical status, making it the only pontifical seminary outside Italy.
Salvino has actively established and supported philanthropic causes, often alongside his family:
Salvino lives in Charlotte, North Carolina. [33] He and his wife Denise [34] , who serves on the Duke Catholic Center Advisory Board [35] , was a cheerleader for the Chicago Bulls and a three-year captain, and is a cancer survivor, have three children. [36]
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