leadership
confidence high
sentiment neutral
materiality 0.75
DXC grants special equity awards to CEO ($44.85M) and CFO ($20.64M) to retain leadership through 2028
DXC Technology Co
- CEO Raul Fernandez receives $44.85M target equity award (85% PSUs, 15% RSUs) over 3 years; CFO Rob Del Bene receives $20.64M.
- Awards are 3x FY2026 LTI target, replacing annual equity grants for next three years.
- Fernandez salary raised to $1.5M, bonus target to 250% of salary; Del Bene salary to $800K, bonus target to 135%.
- PSUs tied 80% to cumulative FCF, 20% to cumulative revenue, with rTSR modifier (20% reduction if below 25th percentile).
- Plan amended to cap annual individual stock awards at 3.5M shares.