Posted by Ashburn, USA: Global tech services company DXC Technology has announced the appointment of Raul Fernandez as its President and CEO, effective immediately. With this appointment, Fernandez, who has been leading the role of DXC Technology’s interim President and CEO since December 2023, has been elevated to the top position in the company. He has served as CEO of several successful companies before this role and has been a member of DXC’s Board of Directors since 2020.
He currently serves as Vice Chairman and co-owner of Monumental Sports & Entertainment, a private partnership that owns some of Washington DC’s major sports franchises. He also currently serves as a Director of Broadcom, Inc., an Alternative Governor for the NBA Board of Governors, a Special Advisor to Carrick Capital Partners, a member of the Strategic Advisory Board of Volition Capital, and a director to several private companies.
Fernandez has overseen several technology-focused companies during his career, including Proxicom, which he founded and helped grow into a prominent global provider of e-commerce solutions to Fortune 500 companies, eventually taking it public.
He later served as CEO of Dimension Data North America, an information systems integration company, and then was Chairman and CEO of ObjectVideo, a leading developer of intelligent video surveillance software, before its sale to Alarm.com in 2017.
Fernandez also previously served as a Director of GameStop, Corp., Kate Spade & Co. and Capitol Investment Corp. V and as a member of the President’s Council of Advisors on Science and Technology.
“After a thoughtful evaluation of Fernandez’s leadership and operational expertise, as well as his deep knowledge of DXC from his time on the Board of Directors and as Interim CEO, the Board determined that he is the right leader to advance DXC’s strategic plan and position the company for long-term growth,” said David Herzog, Chairman of the Board – DXC Technology.
“Since Raul assumed the Interim role in December, the Board has seen firsthand his ability to build upon DXC’s successes, including with our trusted client relationships, while driving improved performance to best serve our customers, team members and investors over the long-term. The Board has full confidence in Raul’s ability to strengthen DXC’s position within the industry, support our transition from stability to profitable growth and drive value for our shareholders,” added Herzog.
“I am thrilled to be leading DXC as President and CEO. I have long been impressed by the mission-critical and digital solutions that we provide to our clients and the talented team of 131,000 DXC colleagues working to serve clients around the world,” said Raul Fernandez.
“During my time on the Board and as Interim CEO, I have gained a deeper understanding of DXC’s operations and identified opportunities to enhance our geographic go-to-market execution, further strengthen our financial performance and create an environment to grow and develop talent. I am incredibly excited to continue working with our global DXC team and the Board to execute upon our existing growth strategy as we deliver value for our shareholders and clients,” added Fernandez.