The Computer Sciences Corp.'s board of directors has elected Michael Laphen to be the company's new chief executive officer. Laphen, 56, has been serving as the El Segundo, Calif.-based IT company's president and chief operating officer. He replaces Van Honeycutt, 62, who will remain a CSC employee until his term as chairman expires July 30. Laphen will then succeed him as chairman, a news release said.
Laphen joined CSC in 1977, and served as the chief executive of its European Group from 2000 to 2003 before he was appointed president and chief operating officer in April 2003. He has also been president of the company's Federal Sector-Civil Group, and president of its Integrated Systems division, where he led systems integration, systems engineering and software development projects to the aerospace and defense markets.
Honeycutt, who was named CEO in 1995 and chairman in 1997, has been with the company for 32 years and will continue in an ongoing consulting role after his retirement, the news release said. CSC has some 77,000 employees and reported revenue of $14.7 billion last year. -- by Andis Robeznieks / HITS staff writer
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