On April 5, 2023, the Company appointed Chris Drumgoole as new lead of its Cloud and ITO business, effective immediately. Vinod Bagal, who previously led DXC’s Cloud and ITO business, will be leaving the Company effective June 3, 2023. In connection with his departure, and in exchange for execution of a separation agreement and release (and not revoking the separation agreement), Mr. Bagal will receive a separation payment consistent with the terms previously disclosed in the Company’s 2022 proxy statement under the heading “Non-Change in Control Executive Officer Severance Policy (Severance Policy)”.
On April 5, 2023, the Company also appointed Jim Brady to the role of Chief Operating Officer effective immediately. Mr. Brady, age 56, joined the Company in June 2020 and served as President of the Americas Region until April 2022, when he was appointed Executive Vice President of Global Delivery. Before joining the Company, he served as Chief Operating Officer of Accumen Inc., a tech-enabled healthcare performance company, from July 2012 until June 2020. Before joining Accumen Inc., Mr. Brady served in a variety of leadership positions at Accenture from June 2006 until July 2012. Prior to that, Mr. Brady served 20 years at Honeywell in a variety of leadership roles, most recently as vice president of Integrated Supply Chain for the aerospace engines business.