CSC chief Laphen to retire within a year

Michael W. Laphen will stay on for a while longer while a successor is found.

CSC's Chairman and CEO, Michael W. Laphen, plans to retire from his position no later than a year from now, the company announced on Tuesday.

No successor has been named. Laphen, a 35-year veteran of the company, will stay on until a replacement is found but no later than Oct. 31, 2012. CSC has formed a search committee to find a candidate.

The 96,000-employee IT services company has been under pressure this year, with an ongoing investigation by the U.S. Securities and Exchange Commission related to possible fraudulent stock manipulation in the Nordic region. CSC financial statements have indicated the fraud was allegedly carried out by employees.

Laphen's announcement came on the same day as the resignation of CSC Denmark's CEO, Carsten Lind. No reason was given for Lind's resignation. He is expected to be replaced by John Walsh, a CSC vice president.

CSC's Denmark subsidiaries have lost money for five years, and Lind recently said "we, as a company, are facing big challenges that require the full attention of the management."

In the U.K., CSC remains involved in discussions over the fate of its role in the National Health Service's IT program, a complex IT modernization plan for the country's health services that was scrapped by the government in September.

The company is being sued by investors in the US. over the NHS debacle, with the Ontario Teachers' Pension Plan, a Canadian fund, alleging the company "fraudulently concealed" the performance of the contract from them and knew it couldn't be fulfilled.

Send news tips and comments to jeremy_kirk@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesComputer Sciencespersonnelservices

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jeremy Kirk

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?