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CSC NAMES RICHARD RICKS PRESIDENT, GLOBAL OUTSOURCING SERVICES
News Release -- June 28, 2007
Appointment Part of New Strategy to Improve Service, Accelerate GrowthEL SEGUNDO, Calif., June 28 – As part of the company’s comprehensive new growth strategy, called Project Accelerate, Computer Sciences Corporation (NYSE: CSC) today announced that it is realigning the company’s resources to strengthen its commercial outsourcing business. Under this strategy, CSC will continue to enhance its large-scale outsourcing solutions offerings while expanding midsize services delivery to customers globally.
Effective July 2, Richard Ricks, 47, formerly head of CSC’s Global Infrastructure Services business unit, will assume worldwide responsibility for outsourcing services as President, Global Outsourcing Services. This organization will integrate end-to-end account management and service delivery, ensuring that CSC’s clients receive consistent, seamless service provision across their enterprise regionally and globally. Ricks will be responsible for execution of the company’s global outsourcing strategy, including outsourcing solutions definition, management and delivery.
“This appointment is an important step in enabling the company to meet its future growth targets,” said CSC President and Chief Executive Officer Michael W. Laphen. “CSC is a leader in the commercial outsourcing market and these changes will enable us to strengthen our capability and service delivery. This realignment follows a comprehensive analysis of the market and subsequent launch of our new corporate strategy, Project Accelerate, which will allow us to better serve clients, accelerate growth and improve shareholder value.”
Ricks will report to Laphen.
Prior to his tenure as president of CSC’s Global Infrastructure Services group, Richard Ricks was group president, CSC's Americas Business Development, and was responsible for leading CSC’s pursuit of opportunities for outsourcing, systems integration and consulting to Fortune 1,000 enterprises. He joined CSC in 2003 from Nortel, where he served as chief information officer.
About CSC
Computer Sciences Corporation is a leading global information technology (IT) services company. CSC’s mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 79,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC’s own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.9 billion for the 12 months ended March 30, 2007. For more information, visit the company’s Web site at www.csc.com.
