DXC Technology Co. has hired former O’Melveny & Myers partner Carla Christofferson as chief risk officer.
Christofferson’s new role announced Jan. 7 will see her take charge of risk and cybersecurity efforts at the Tysons, Va.-based information technology company. It was formed in 2017 via a combination between Computer Sciences Corp. and the enterprises services arm spun-off from Hewlett-Packard Enterprise Co.
At DXC, Christofferson’s portfolio will also include brand protection initiatives and asset protection. She comes to the company after more than four years as chief legal officer at AECOM Technology Corp., which she resigned from last month ahead of the appointment of a new chief executive for the Los Angeles-based engineering giant.
AECOM hired Christofferson in 2015 after a 22-year career at O’Melveny & Myers, where the former litigator spent her last seven years as managing partner of the law firm’s Los Angeles headquarters.
In private practice, Christofferson was also busy outside the legal arena, being part of a group that in 2006 bought the Los Angeles Sparks of the Women’s National Basketball Association. Christofferson helped revitalize the team, which she sold in 2014 to retired basketball star-turned-entrepreneur Earvin “Magic” Johnson and Mark Walter, the billionaire co-founder and CEO of Guggenheim Partners LLC.
Christofferson did not respond to a request for comment about her new role at DXC, but in a statement released by the company said she was “excited to join a team invested and focused on creating a safe and secure environment for our people, our business, and our clients.” Christofferson added she looked forward to “building upon existing programs to help DXC tackle current and future challenges.”
Bill Deckelman, a former general counsel at DXC predecessor CSC, has served as the former’s in-house legal chief since its formation nearly three years ago. He told Bloomberg Law in an email that Christofferson’s new role as chief risk officer will not require her to function as a lawyer. Instead, Deckelman said she will assume responsibility for the “programmatic aspects” of ethics and compliance, which had previously been part of his portfolio, although he will retain control of all legal functions.
DXC made legal industry headlines in late 2017 when Deckelman chose to move most of the company’s legal work away from large law firms by inking a deal with alternative legal services provider UnitedLex Corp. UnitedLex announced in 2018 that the agreement led to a 30% reduction in DXC’s legal operating costs.
Husch Blackwell and The Kullman Firm have handled most of DXC’s litigation work within the past three years, according to Bloomberg data. DXC also turned to Latham & Watkins and Crowell & Moring to advise on its $231 million acquisition in late 2018 of Molina Healthcare Inc.’s information technology unit. Davis Polk & Wardwell has also done securities work for DXC.
As for AECOM, the company disclosed in a Nov. 27 securities filing that Christoffersonwould receive a cash severance payment equal to her annual base salary, which in 2018 was $618,288. AECOM’s proxy statement for that year states that she took home more than $2.8 million in total compensation. Bloomberg data shows that Christofferson still owns stock in AECOM valued at roughly $700,000.