Mike Dickerson
Director, Media Relations
Corporate
310.615.1647
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Bill Lackey
Director, Investor Relations
Corporate
310.615.1700
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News Release-- January 31, 2008
CSC's CFO to Leave After Transition Period
EL SEGUNDO, Calif., Jan. 31 --Computer Sciences Corporation (NYSE: CSC) 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."
About CSC
Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 92,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. CSC reported revenue of $15.5 billion for the 12 months ended Sept. 28, 2007. For more information, visit the company's Web site at www.csc.com.