Dxc Technology Company · NYSE:DXC
Dxc Technology — Shareholder Meeting (July 2018)
11 slides from Dxc Technology's shareholder meeting presentation, Jul 18, 2018
Slide 1: Key Discussion Topics: 2018 Annual Meeting of Stockholders
Key Discussion Topics: 2018 Annual Meeting of Stockholders
Slide 2: Executive Summary
Executive Summary Successful execution on DXC’s strategic roadmap in fiscal 2018, including the integration of CSC and HPE Enterprise Services (HPES), achievement of our first-year financial objectives, and a strengthened leadership position in digital transformation Strong leadership team driving e
Slide 3: Overview of DXC Technology
Rationalized 2,000+ custom offerings to 140 standard offers across 14 offering families Invested $500M+ in digital development in FY15 and FY16 Unveiled DXC Bionix™, a new digital-generation services model Streamlined offerings Strengthened leadership Assembled world-class corporate leadership team
Slide 4: Successfully Executed on Our Integration Plans: Focused on Creating Long-Term Value
Successfully Executed on Our Integration Plans: Focused on Creating Long-Term Value In fiscal 2018, our first year as a new company, DXC successfully executed on our strategic roadmap, including the integration of CSC and HPE Enterprise Services, achievement of our first-year financial objectives, a
Slide 5: Strong Leadership Driving Execution of Strategy
Strong Leadership Driving Execution of Strategy Our executive team executed a multi-year transformation that resulted in the formation of DXC as the leading independent, end-to-end IT services company During the recent CSC-HPE merger, the executive team integrated two large-scale companies in less t
Slide 6: What We Heard from Stockholders and What We Did in Response
Topic What We Heard from Stockholders What We Did in Response Changes We Made in Fiscal 2018 Annual Cash Incentives Place additional emphasis on achieving strong financial results as a newly merged company Shifted metric weightings to more heavily focus on post-merger financial goals (80% targeted f
Slide 7: CEO Compensation Elements
CEO Element Key Characteristics Rationale Base Salary Annual fixed-cash compensation Based on individual performance, experience, skills, responsibilities, and competitive pay levels Annual Cash Incentive Annual variable cash compensation 80% targeted financial goals / 20% customer satisfaction obje
Slide 8: Challenging Targets Drive Stockholder Value
Challenging Targets Drive Stockholder Value Financial Metrics (80%) Customer Satisfaction (20%) Total (100%) Fiscal 2018 Annual Incentive Formula Revenue (20%) EBIT (60%) Net Promoter Score (20%) Annual Cash Incentive Plan Payout Score FY18 Result = 162% + + = +/- Individual Performance Modifier Cha
Slide 9: CEO Compensation Decisions
CEO Compensation Decisions Award Value $15M Award Vehicle Performance-based restricted stock units (PSUs) Vesting Fiscal 2020 EPS Achievement1 Portion of Award that Vests $7.70 or greater 100% $7.20 to $7.69 80% $6.95 to $7.19 60% Less than $6.95 0% 1 Initial FY20 adjusted EPS target for 100% vest w
Slide 10: Sound Corporate Governance and Stockholder Feedback
Our Board believes in sound corporate governance and thoughtfully considers stockholder feedback in making decisions on governance processes and compensation programs Sound Compensation and Governance Practices Majority of total compensation at-risk (91% of CEO pay) Significant stock ownership guide
Slide 11: Additional Information and Where To Find It
Additional Information and Where To Find It All statements in this presentation that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that the results describ