June 6, 2026 - 04:33

The top lawyer at DXC Technology saw his total compensation climb to $4.7 million for fiscal 2025, driven largely by a significant increase in stock awards. Matthew Fawcett, who serves as executive vice president and general counsel, received a base salary of $700,000, but the bulk of his pay came from $3.1 million in stock awards. That figure was up sharply from the roughly $1.9 million in equity he received the prior year.
The equity-heavy raise comes as the Virginia-based IT services company pushes deeper into artificial intelligence platforms. DXC has been repositioning itself to offer more AI-driven solutions for enterprise clients, a shift that requires heavy investment in technology and talent. The company reported a slight dip in fiscal 2026 revenue, but leadership has framed the downturn as a temporary adjustment tied to restructuring and portfolio changes.
Fawcett, who joined DXC in 2020 after serving as general counsel at Verisign, oversees the company's legal, compliance, and regulatory affairs. His compensation package also included a $1.1 million cash bonus and other perks. The increase in equity awards aligns with broader trends at DXC, where executive pay has become more heavily weighted toward performance-based stock incentives. The company's proxy filing noted that the compensation committee views equity as a key tool for retaining top executives during a period of strategic transformation.
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