StockNews.AI
DXC
StockNews.AI
139 days

DXC Names Anders Lange as Chief Procurement Officer

1. DXC appoints Anders Lange as Chief Procurement Officer immediately. 2. Lange has over 15 years of procurement leadership experience. 3. His focus includes AI adoption to enhance procurement processes. 4. Lange previously led procurement at Bloomberg and other firms. 5. Operational efficiency and cost savings are prioritized under Lange's leadership.

6m saved
Insight
Article

FAQ

Why Bullish?

The appointment of a seasoned executive like Lange may improve operational efficiency and drive cost savings, potentially enhancing investor confidence and driving stock price upward, similar to past positive leadership changes in tech firms.

How important is it?

The strategic shift in leadership aims at improving procurement efficiency, which is crucial for a tech service provider like DXC.

Why Long Term?

Lange's initiatives might take time to manifest fully in DXC's operational performance, indicating a longer-term impact, akin to other leadership transitions in large organizations that take time to yield measurable improvements.

Related Companies

IBMCGITCS
, /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has appointed Anders Lange as Chief Procurement Officer, effective immediately. Lange will report to DXC's Chief Administrative Officer, James Walker. "Anders brings extensive experience in global organizations and a proven track record of delivering results," said Walker. "His expertise in transformation leadership, operational efficiency, risk management, supplier performance improvement, and cost savings will be invaluable as we continue to evolve our procurement organization." With over 15 years of leadership experience in procurement and supply chain management, Lange will lead DXC's global procurement function, spearheading transformation initiatives, including expanding AI adoption to streamline processes and drive growth. Lange most recently served as Global Head of Procurement at Bloomberg, overseeing procurement and supplier management. Previously, he held procurement leadership roles at LEO Pharma, Diageo, and Carlsberg Breweries. He has also served as a guest lecturer at Copenhagen Business School. For more information on DXC's leadership team, visit https://dxc.com/us/en/about-us/leadership-and-governance. Forward Looking Statements All statements in this press release 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 any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com. SOURCE DXC Technology Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News