Thursday, December 12, 2024

Unisys Appoints Michael M. Thomson as CEO

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The Unisys Board of Directors announced that it unanimously elected Mike Thomson, current President and Chief Operating Officer at Unisys, to succeed Peter Altabef as the company’s CEO, effective April 1, 2025. Also, effective April 1, Thomson will join the company’s Board and will retain his current title as President. Altabef, currently Chair and CEO, will continue as Chair of the Board.

“On behalf of the entire Board, I am delighted to have a leader of Mike’s caliber to be the next CEO and President of Unisys,” said Altabef. “He is a proven executive who has exceptional leadership qualities and the experience to continue to advance our company. As our President and COO, Mike has helped shape and execute the strategies that have driven our strong ongoing performance, and he has a proven track record of operational excellence – both at Unisys and in other roles throughout his career – that position him well for the company’s next chapter. Mike’s passion for Unisys and the work we do for our clients, his authentic leadership, and deep knowledge of the business will make him an excellent CEO.”

Thomson joined Unisys in 2015 as the Corporate Controller and Principal Accounting Officer, advanced to Chief Financial Officer in 2019, and was named President and COO in 2021, responsible for overseeing the company’s commercial organization and its business units, among other functions. For more than 25 years, Thomson has held progressively senior roles across a diverse set of industries, in addition to his most recent roles at Unisys, proving his strong ability to advance and run the operations of a company.

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“The selection of the CEO and ensuring a smooth and successful transition is one of the Board’s most important responsibilities,” said Nate Davis, Lead Independent Director of the Board. “Mike’s skill at strengthening Unisys’ financial standing and operational capabilities positions him to lead the company effectively. At the same time, we are fortunate to benefit from Peter’s ongoing and active role as Chair. Peter’s bold vision to build on the company’s strong roots as an innovator was the catalyst for leading Unisys through a major brand and culture transformation, with results that made the company more relevant and visible to its clients, prospects, and other stakeholders. Peter has exemplified the Unisys culture and inspires people with his commitment to preparing for what’s around the corner.”

Altabef has served as CEO since January 2015, and as Board Chair since April 2018. During his tenure, he has led the way for a new wave of innovation for the 151-year-old company.

“I am honored to step into the CEO role,” said Thomson. “Peter’s leadership has positioned us well as a company, and I am proud to carry on that leadership legacy for our business and our people for the next chapter of the Unisys story. Our commitment to excellence and innovation for our clients and the drive for growth and improved profitability as part of our transformation journey remains strong. I look forward to continuing my relationship with Peter and working with our exceptional leadership team to deliver on our strategy and be prepared to capitalize on new opportunities that will propel us forward.”

Source: PRNewswire

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