CSC CFO Michael Mancuso to Step Down in May

Computer Sciences Corp. (NYSE: CSC) Chief Financial Officer Michael Mancuso will leave the company in May, the Wall Street Journal reports.

Mancuso, who joined CSC in 2008, said during a Wednesday conference call that the general timeline of his departure was known when he joined CSC, according to the Journal.

This announcement comes shortly after CSC appointed Mike Lawrie as president and CEO, effective no later than March 31.

Lawrie, also a CSC board member, is currently CEO of UK-based financial services software firm Misys.

Lawrie will succeed Michael Laphen, who in October announced his plan to retire from CSC.

You may also be interested in...

Gil Dussek CEO Gunnison Consulting Group

Gunnison Buys Federal IT Service Management Firm G2SF; Gil Dussek Quoted

Gunnison Consulting Group has acquired Global Solutions & Services Frameworks for an undisclosed sum to expand its information technology service management, mobile computing and cybersecurity capabilities in the federal government services market. “This deal aligns with our modernization strategy and we remain focused on improving critical government programs, while driving long-term innovation to meet evolving customer demands," said Gunnison CEO Gil Dussek.


Cybersecurity Firm Telos Launches IPO

Telos (Nasdaq: TLS) targeted to raise approximately $254M from the Ashburn, Virginia-based cybersecurity company's initial public offering Thursday, offering 15M shares of common stock with pricing at $17 each.