Hey, we have a new president Paul T – who has a background as an asset manager. Must be here to replace Rawool?, In the failing DXC, do we think he is here to prepare a turnaround, sale, refinancing, or orderly wind-down?
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So El Presidente is obviously deep in the trough but here's how deep
Base Salary: $1,000,000 annually.
Bonuses & Equity: 200% target bonus and 900% target equity awards.
Inducement Award: $3.75 million in time-vested RSUs and performance-based PSUs
The latter is basically a signing bonus...
That's not secret data, that's publicly disclosed by dxc by a form 8-k... For the benefit of the censors on this forum...
I think we are still in the "grow or die" phase for eighteen months or so. The break up and sell comes after that.
Rool needed El Pres to do his job so he could concentrate on anything but dxc while collecting a top 100 ceo salary.
@dd Absolutely. Private equity firms are definitely going to ignore their own due diligence and pile in because Taylor said so. DXC’s word carries about as much weight as a fortune cookie.
I’ve been running various DXC scenarios into the bots this year and the overwhelming conclusion is that given the decent free cash every year DXC are a ripe PPE target.
Perhaps its now happening?
Plan is to bring in peelan back again to help with the winding down.