Lawrie Named President, CEO of CSC

CSC announces that Mike Lawrie, 58, has been appointed president and chief executive officer, and will join the company no later than March 31. Lawrie succeeds Michael W. Laphen, 61, who previously announced his plan to retire as the company's chairman, president, and CEO.

CSC's board also announces that Rodney F. Chase, a current director on the company's board, has been appointed non-executive chairman of the board of directors, effective upon Lawrie's start as president and CEO. Lawrie has also been appointed to CSC's board, effective immediately.

Lawrie is currently CEO of UK-based Misys plc, a global leader of IT solutions for the financial services industry publicly traded on the LondonStock Exchange.

Lawrie has extensive global experience in the IT and software industry including 27 years at IBM where he served as senior vice president and group executive with responsibility for sales and distribution of IBM's products and services worldwide.

"We are very pleased to welcome Mike Lawrie as CSC's next president and CEO," says Irving W. Bailey, II, lead director of CSC's board of directors. "Mike has extensive experience in managing publicly-traded global companies and a reputation for driving shareholder value and helping companies to reach their potential. The board is confident that Mike has the vision and wide-ranging experience to lead CSC forward, as we execute on exciting strategies in areas such as cloud computing and cybersecurity."

"I am honored to lead CSC, a company that is redefining the IT industry with market leadership in emerging services and business solutions that transform the enterprise," says Lawrie. "With a sharp focus on developing smart, technology-enabled solutions, we will continue to leverage our deep industry expertise to solve our clients' toughest challenges, and position them for greater levels of agility, growth and innovation."

"We also would like to thank Mike Laphen for his contributions over his nearly thirty-five years of service to CSC, especially his past five years as chairman, president and CEO," says Bailey.