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Unisys appoints CEO as board chairman

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Unisys appoints CEO as board chairman

Unisys Corp.'s board elected President and CEO Peter Altabef as chairman of the board, and Nathaniel Davis as independent lead director, effective April 26, 2018.

Altabef will succeed Paul Weaver, the current board chairman, who will retire April 26, 2018, as a result of having reached the mandatory board retirement age of 72. Altabef will continue to serve as the company's president and CEO. Weaver has served on the board since 2010, and as chairman since 2015.

Davis joined Unisys' board in 2011 and currently serves as the chair of the nominating and corporate governance committee.