Mike Salvino

Last updated
Mike Salvino
NationalityAmerican
Alma mater Marietta College (BS)
Occupation(s)Chairman and CEO of DXC Technology
Children3
Website https://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.

Contents

Education

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

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

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

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

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

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References

  1. ↑ "Michael J. Salvino". Wall Street Journal . Retrieved February 5, 2021.
  2. 1 2 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. 11 February 1987. Retrieved 2022-10-21.
  5. ↑ "The Newark Advocate from Newark, Ohio on December 15, 1985 · 21". Newspapers.com. 15 December 1985. 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. 1 2 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. 1 2 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. 1 2 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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