Dxc Technology Company · NYSE:DXC
Dxc Technology — Shareholder Meeting (July 2019)
12 slides from Dxc Technology's shareholder meeting presentation, Jul 30, 2019
Slide 1: Key Discussion Topics: 2019 Annual Meeting of Stockholders
Key Discussion Topics: 2019 Annual Meeting of Stockholders
Slide 2: Executive Summary
Executive Summary Our strategy is to generate long-term growth and returns via the value-creation levers of sustainable margin expansion, strong cash flow generation, smart acquisitions and disciplined capital allocation Ongoing stockholder outreach has enabled the Board and management to continue s
Slide 3: Overview of DXC Technology
Overview of DXC Technology DXC Technology is a global IT services leader that manages and modernizes mission critical systems, integrating them with new digital solutions to produce better business outcomes for clients. Our global reach and talent, innovation platforms and extensive partner network
Slide 4: Rebalanced Asset Portfolio & Workforce; Next Phase of Our Transformation
Rebalanced Asset Portfolio & Workforce Spin-off of USPS business to form Perspecta Acquisitions to extend digital capabilities, including Luxoft in June 2019 Workforce digital reskilling: In FY19 alone, 1.1 million learning hours, 102K certifications in agile, cloud & digital Build Brand Identify, C
Slide 5: Execution of Strategy Driving Strong Results
Execution of Strategy Driving Strong Results Stable Revenue Sustainable Margin Expansion Strong Free Cash Flow Disciplined Capital Allocation DXC continued in fiscal 2019 to drive four primary levers of value creation as part of our ongoing transformation: Invested to enhance digital sales and deliv
Slide 6: Shareholder Engagement and Responsiveness
Shareholder Engagement and Responsiveness Topic What We Heard from Stockholders What We Did in Response Changes We Made in Fiscal 2018 Annual Cash Incentives Emphasize achieving strong financial results Shifted metric weightings to focus more on post-merger financial goals: 80% financial goals and 2
Slide 7: Compensation Outcomes Aligned with Performance
Compensation Outcomes Aligned with Performance We remain grounded in a philosophy of aligning our financial and strategic goals with stockholder interests Total CEO Compensation and DXC TSR CEO compensation outcomes are closely linked to the stockholder experience Relative Alignment between Realizab
Slide 8: Executive Compensation Structure Aligned to Strategy
Executive Compensation Structure Aligned to Strategy Element Key Characteristics Rationale Base Salary Annual fixed-cash compensation Based on individual performance, experience, skills, responsibilities, impact to the company, and competitive pay levels Annual Cash Incentive 80% targeted financial
Slide 9: Long-Term Incentive Plan Design
Up to 200% of the target PSUs (less any previously earned PSUs) can be earned if results meet or exceed the three-year performance thresholds set at the beginning of the three-year period All earned PSUs (including any earned in the first two fiscal years) vest and settle only at the end of the thir
Slide 10: Performance Award Alignment
Performance Award Alignment Our compensation program places an emphasis on at-risk pay, tying executive compensation to our performance against a number of strategic and financial objectives 83% variable pay CEO FY19 Target Pay Mix NEO FY19 Target Pay Mix In addition to our ongoing executive compens
Slide 11: Highly Qualified Board of Directors
Highly Qualified Board of Directors Mukesh Aghi President & CEO of U.S.- India Strategic Partnership Forum Amy E. Alving Former SVP and CTO of Leidos Holdings, Inc. David L. Herzog Former SVP and CFO of AIG Mary L. Krakauer Former EVP and CIO of Dell Corporation Sachin Lawande President & CEO of Vis
Slide 12: 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