Unisys Appoints Michael M. Thomson as Chief Executive Officer

Core Viewpoint - Unisys has announced the appointment of Mike Thomson as the new CEO, effective April 1, 2025, succeeding Peter A. Altabef, who will remain as Chair of the Board [1][2]. Group 1: Leadership Transition - Mike Thomson, currently President and COO, will take over as CEO and will also join the Board on April 1, 2025 [1]. - Peter Altabef has served as CEO since 2015 and will continue to serve as Chair of the Board, contributing to the company's strategic direction [3][4]. - Thomson has a strong background in finance and operations, having joined Unisys in 2015 and held various senior roles, including CFO and President [2][3]. Group 2: Strategic Vision - Altabef praised Thomson's leadership qualities and operational excellence, emphasizing his ability to advance Unisys' strategies and performance [2]. - The Board highlighted the importance of a smooth transition and expressed confidence in Thomson's capability to strengthen the company's financial standing and operational capabilities [3]. - Thomson expressed commitment to continuing the legacy of innovation and excellence established under Altabef's leadership, focusing on growth and improved profitability [4]. Group 3: Company Performance - Unisys' total company full-year revenue growth and non-GAAP operating profit margin guidance remain unchanged as per the third-quarter 2024 earnings announcement [4].