DXC Technology Executive Compensation Revealed
Ticker: DXC · Form: DEF 14A · Filed: Jun 14, 2024 · CIK: 1688568
| Field | Detail |
|---|---|
| Company | Dxc Technology Co (DXC) |
| Form Type | DEF 14A |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, annual-report
Related Tickers: DXC
TL;DR
DXC Tech exec pay details out for FY24, including equity awards for Salvino & Fernandez.
AI Summary
DXC Technology Co. filed its DEF 14A on June 14, 2024, detailing executive compensation for the fiscal year ending March 31, 2024. The filing includes information on compensation for key executives such as Mr. Salvino and Mr. Fernandez, with specific details on equity awards and other compensation components. This annual report provides shareholders with transparency into how executive pay is structured and awarded.
Why It Matters
This filing provides crucial information for shareholders to understand how executive compensation is determined and to evaluate the alignment of management's interests with those of the company and its investors.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but the details within can reveal potential issues with executive compensation or corporate governance that may impact investor confidence.
Key Players & Entities
- DXC Technology Co. (company) — Filer of the DEF 14A
- Mr. Salvino (person) — Executive mentioned in compensation details
- Mr. Fernandez (person) — Executive mentioned in compensation details
- 20240614 (date) — Filing date of the DEF 14A
- 20240331 (date) — Fiscal year end for compensation reporting
FAQ
What was the total compensation for the named executive officers for the fiscal year ending March 31, 2024?
The filing provides details on various components of compensation, including equity awards, but a specific total dollar amount for all named executive officers is not immediately available in the provided snippet.
Who are the key executives whose compensation is detailed in this filing?
The filing mentions executives such as Mr. Salvino and Mr. Fernandez, with specific references to their roles as members in compensation tables.
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders and provides detailed information about matters to be voted on at a shareholder meeting, including executive compensation.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted on June 14, 2024.
What fiscal year does the compensation information in this filing primarily cover?
The compensation information primarily covers the fiscal year ending March 31, 2024.
Filing Stats: 4,462 words · 18 min read · ~15 pages · Grade level 15.4 · Accepted 2024-06-14 17:00:51
Filing Documents
- dxc-20240613.htm (DEF 14A) — 1761KB
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- 0001688568-24-000060.txt ( ) — 30313KB
- dxc-20240613.xsd (EX-101.SCH) — 2KB
- dxc-20240613_def.xml (EX-101.DEF) — 3KB
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Security Ownership
Security Ownership 40 Delinquent Section 16(a) Reports 41 E. CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 42 Related Party Transaction Policy 42 Fiscal 202 4 Related Party Transactions 42 F. EXECUTIVE COMPENSATION 43 DXC Letter from the Compensation Committee 43 Compensation Discussion and Analysis 44 Executive Summary 45 202 3 Say-on-Pay Vote and Stockholder Engagement 51 Compensation Philosophy and Objectives 54 Compensation Determination Process 55 Components of Our Compensation Program 58 Additional Compensation Policies and Practices 72
Executive Compensation Tables
Executive Compensation Tables 74 Fiscal 202 4 CEO Pay Ratio 89 Pay versus Performance Disclosure 90 G. ABOUT THE ANNUAL MEETING 95 Questions and Answers about the Annual Meeting and Voting 95 How Do I Vote? 101 H. ADDITIONAL INFORMATION 102 Business for 2025 Annual Meeting 102 Cautionary Statement Regarding Forward-Looking Statements 103 APPENDIX A —NON-GAAP FINANCIAL MEASURES 104 APPENDIX B — AMENDMENT TO THE AMENDED AND RESTATED DXC TECHNOLOGY COMPANY 2017 NON-EMPLOYEE DIRECTOR INCENTIVE PLAN 110 Table of Contents A. Proxy Summary This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all of the information you should consider, and you should read the entire proxy statement carefully before voting. Annual Meeting of Stockholders Meeting Date: July 30, 2024 Meeting Time: 10:30 a.m. Eastern Time Meeting Place: Online at www.virtualshareholdermeeting.com/DXC2024 Virtual Meeting Admission: Stockholders as of the record date will be able to participate in the annual meeting by visiting www.virtualshareholdermeeting.com/DXC2024 . To participate in the meeting, you will need the 16-digit control number included on your notice of Internet availability of proxy materials, on your proxy card or on the instructions that accompanied your proxy materials. The annual meeting will begin promptly at 10:30 a.m. Eastern Time. Online check-in will begin at 10:15 a.m. Eastern Time, and you should allow ample time for the online check-in procedures. Record date: May 31, 2024 Voting: Stockholders as of the record date are entitled to vote. Each share of common stock is entitled to one vote for each director nominee and one vote for each of the proposals to be voted on. Meeting Agenda Election of the 10 director nominees listed in this proxy statement Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending