DXC Technology approved special equity awards for CEO Raul Fernandez and CFO Robert Del Bene, totaling approximately $65.5 million in value, to retain leadership through at least FY2028. The grants are 85% performance-based and tied to three-year free cash flow and revenue targets, with modifiers based on total shareholder return. The company also amended executive compensation packages, extended Mr. Fernandez’s employment agreement, and restated its incentive plan to cap individual awards at 3.5 million shares per year.

DXC Technology granted special long-term equity awards to CEO Raul Fernandez and CFO Robert Del Bene to retain key leadership for the next three years. Fernandez received $44.85 million and Del Bene $20.64 million in performance- and service-based restricted stock units. The awards are tied to multi-year financial and shareholder return goals and replace their annual equity grants through fiscal 2028. Both executives also received salary and bonus target increases, and Del Bene was granted service credit toward retirement eligibility.