CSC's CFO leaving: In Case You Missed It

Previous Entry | Next Entry
| | Comments (0) |

EL SEGUNDO, Calif., Jan. 31 /PRNewswire-FirstCall/ -- Computer Sciences Corporation today announced that Michael E. Keane, the company's vice president and chief financial officer, has resigned as chief financial officer, but will remain a vice president during a transition period. CSC's board of directors has appointed Donald G. DeBuck, the company's vice president and controller, to act as interim chief financial officer while CSC conducts a search to replace Keane.

CSC recently announced that its corporate headquarters will move from El Segundo, California, to Falls Church, Virginia. "After carefully considering the company's upcoming move of its corporate headquarters and my alternatives, I have decided not to relocate," said Keane.

Keane, 52, joined the company as vice president, finance, in 2005, and shortly thereafter was promoted to vice president and chief financial officer. Previously, he was senior vice president and chief financial officer at Unova, Inc., an industrial technology company.

During his tenure as CSC's chief financial officer, Keane was involved in a major restructuring, a stock buy back program, a number of major acquisitions and the launch of the company's new strategic initiative.

Mike Laphen, CSC's chairman, president and chief executive officer, said, "I understand Mike not wishing to relocate to the Falls Church area. These are very personal decisions. I wish him all the best in his future endeavors."

Leave a comment


Type the characters you see in the picture above.

About this Entry

This page contains a single entry by Muhammed El-Hasan published on February 4, 2008 2:41 PM.

Two views of Toyota: Set to Post Record Q3 profits or Smallest Profit Growth in a Year was the previous entry in this blog.

Biz Question of the Day: Super Tuesday & the Markets is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.25

About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

Subscribe to RSS feed

Advertisement