DXC Technology Co. DXC, -1.24% shares declined in the extended session Wednesday after the IT services company said Mike Lawrie retired as president and chief executive and was succeeded by Mike Salvino. DXC shares fell 6.8% after hours, following a 1.3% rise to close at $36.49 in the regular session. DXC said Lawrie will remain on as chairman until the end of the year. DXC said Salvino most recently served as a managing director at tech private-equity firm Carrick Capital Partners.
DXC Technology stock falls after CEO retires