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ASHBURN, Va. - DXC Technology (NYSE: DXC), a global technology services provider, announced on Monday the appointment of William Pieroni as Global Strategy and Growth Leader for its Insurance Software & Business Process Services (BPS) division. Pieroni’s role will focus on strategy development, growth acceleration, and delivering industry impact.
With over 25 years of experience, Pieroni has a background in leading global organizations at the nexus of insurance and technology. He served as CEO of ACORD, where he established ACORD Solutions Group to promote data exchange and innovation. His resume includes senior roles at notable firms such as Marsh McLennan, Aon, State Farm, IBM, Accenture, and McKinsey & Company.
Ray August, EVP and President of DXC’s Insurance Software and BPS, praised Pieroni’s appointment, highlighting his domain expertise and collaborative approach to client solutions. Pieroni’s responsibilities will include setting strategic priorities, guiding global growth initiatives, and reinforcing the company’s position within the global insurance ecosystem.
Pieroni expressed his enthusiasm for joining DXC, noting the company’s strong team, comprehensive solutions, and deep client relationships. DXC’s history in the insurance sector spans over four decades, supporting more than 1,000 customers and processing over 1 billion policies. The firm is trusted by 21 of the world’s top 25 insurers to deliver essential software and services. According to InvestingPro analysis, which offers 8 additional key insights about DXC’s performance and prospects, analysts expect the company to return to profitability this fiscal year despite recent challenges.
This move is part of DXC’s ongoing efforts to provide excellence in performance, competitiveness, and customer experience for its clients. The information is based on a press release statement from DXC Technology.
In other recent news, DXC Technology reported its third-quarter fiscal 2025 results, surpassing earnings expectations with an adjusted earnings per share of $0.92, which was $0.15 above the analyst estimate of $0.77. However, the company’s revenue fell short, coming in at $3.23 billion against a consensus estimate of $3.26 billion, marking a 5.1% decrease from the same quarter last year. Despite the revenue miss, DXC Technology raised its full-year guidance for adjusted earnings per share to approximately $3.35, exceeding the previous forecast and analyst consensus. The company also increased its full-year free cash flow guidance to around $625 million. In related developments, BMO Capital Markets adjusted its outlook on DXC Technology by raising the price target to $26, maintaining a Market Perform rating, while noting the company’s gradual progress toward stabilizing revenue. Additionally, DXC Technology has made strategic leadership appointments, including Sandeep Bhanote as Financial Services Industry Leader, Anders Lange as Chief Procurement Officer, and T.R. Newcomb as Chief Revenue Officer, all aimed at strengthening the company’s market position. These changes reflect DXC’s ongoing efforts to enhance its service offerings and operational efficiency.
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