Mumbai | Bengaluru: K Krithivasan is set to become the next CEO of Tata Consultancy Services<\/a> (TCS<\/a>), India’s largest IT services company. He will succeed Rajesh Gopinathan<\/a>, whose resignation<\/a> as chief executive and managing director was announced on Thursday. The board appointed Krithivasan as CEO-designate with effect from March 16. Gopinathan, 52岁,一直在TCS为22年,首席执行官六年。他最后日期9月15日,据该公司的声明。他重新任命了2022年3月第二个五年任期。Krithivasan目前总统和全球银行、金融服务和保险(BFSI)商业团体,贡献最大的收入份额(31.5%)250亿美元的公司。Krithivasan于1989年加入TCS。 孟买|班加罗尔:K Krithivasan将成为下一任首席执行官塔塔咨询服务公司(TCS),印度最大的IT服务公司。他会成功Rajesh Gopinathan,他的辞职首席执行官和董事总经理周四宣布。董事会任命Krithivasan为继任由3月16日。
He will take over as CEO and managing director in the next financial year, subject to shareholder approval. The effective date of his succession will be intimated in due course, TCS said.
Gopinathan, 52, has been at TCS for 22 years and was CEO for six years. His last date will be September 15, according to the company statement. He had been reappointed for a second five-year term in March 2022. Krithivasan is currently president and global head of the banking, financial services and insurance (BFSI) business group, which contributes the largest revenue share (31.5%) of the $25 billion company. Krithivasan joined TCS in 1989.
Thoroughly Enjoyed Tenure: Gopinathan
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“This is certainly a surprise as the company’s performance has been strong under Gopinathan,” said Phil Fersht, founder of IT research firm HFS Research. “Krithi has a very strong track record leading the BFSI business and has 33 years in TCS, and will be a very solid presence to take things forward for the firm… Krithi’s appointment to the top leadership role spells continuity.”
N Ganapathy Subramaniam (NGS), chief operating officer of TCS, is also set to retire in 2024.
Krithivasan will take over at a time when the demand for technology projects is stressed due to macroeconomic concerns and geopolitical tensions. After growing at a frenzied pace due to pandemic-driven spending on digitisation, IT spends have been sharply scaled back as organisations are dealing with the uncertainty in the global economy. According to Gartner estimates, growth of tech spending is expected to moderate to 2.4% compared with 5.1% estimated last year for 2023.
Companies are banking on their ability to mine large deals focussed on driving cost efficiencies to tide over the crisis.
It makes sense to have a market-facing candidate as the new CEO in the next phase of the company’s growth, said Pareekh Jain, an outsourcing advisor. “It is important from the employee, clients and shareholder perspective that the CEO transition goes smooth” as that from N Chandrasekaran to Gopinathan in 2017.
During Gopinathan’s tenure, the stock rose 160%. He was elevated from the role of chief financial officer to CEO in February 2017 after Chandrasekaran was appointed chairman of Tata Sons.
In his last interview, which was to ET in December, Gopinathan had reiterated his goal to double revenue to $50 billion by 2030. He also led a major restructuring of the organisation in April 2022 to make it more customer focussed. The previous reorganisation at TCS was by Chandrasekaran in 2009.
At 46, Gopinathan had been one of the youngest CEOs at the company. He joined it in 2001 from Tata Industries and worked to drive TCS’ newly established e-business unit in the US.
Gopinathan said he had “thoroughly enjoyed” his 22-year tenure at TCS.
“It has been a pleasure working closely with Chandra, who has mentored me through this entire period,” he said in a statement. “The last six years of leading this iconic organization have been most enriching and fulfilling, adding over $10 billion in incremental revenues and over $70 billion increase in market capitalization.”
He took the decision to resign after reflection and in discussion with the chairman and the board.
“We decided that the end of this fiscal year is a good time for me to step aside and pursue those (other) interests,” he said. “Having worked with Krithi over the last two decades, I am confident that he is best positioned to take TCS to greater heights along with the leadership team. I will be working closely with Krithi to give him all the support that he needs.”
Tata Sons and TCS chairman Chandrasekaran said, “I have had the pleasure of working with Rajesh for the past 25 years. During this period, Rajesh has always distinguished himself with exemplary performance in various roles, including his former role as the chief financial officer.”
During his time at TCS, Krithivasan has held various leadership roles in delivery, customer relationship management, large programme management and sales. Krithivasan is also a member of the board of TCS Iberoamerica, TCS Ireland and the supervisory board of TCS Technology Solutions AG. He holds a bachelor’s degree in mechanical engineering from the University of Madras and a master’s degree in industrial and management engineering from IIT Kanpur.
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TCS Krithivasan将是下一个
他将接任首席执行官和董事总经理在下一财政年度,有待股东批准。他继承的生效日期将在适当的时候,被宣布TCS说。
Gopinathan, 52岁,一直在TCS为22年,首席执行官六年。他最后日期9月15日,据该公司的声明。他重新任命了2022年3月第二个五年任期。Krithivasan目前总统和全球银行、金融服务和保险(BFSI)商业团体,贡献最大的收入份额(31.5%)250亿美元的公司。Krithivasan于1989年加入TCS。
“这确实是一个惊喜Gopinathan下公司的业绩一直强劲,”菲尔Fersht说,它研究公司创始人HFS中研究。“Krithi有很强领导BFSI记录业务和在TCS 33年,将是一个非常坚实的存在将事情向前推进公司…Krithi法术连续性任命的高层领导作用。”
N Ganapathy苏(门店),TCS的首席运营官,也将在2024年退休。
Krithivasan将接管时技术项目需求的强调是由于宏观经济和地缘政治紧张局势的担忧。在以疯狂的速度增长由于pandemic-driven数字化支出,花费的大幅缩减,组织应对全球经济的不确定性。据Gartner估计,科技支出的增长预计将放缓至2.4%,2023年的估计,去年为5.1%。
我公司银行业务能力大型交易关注驾驶成本效率来度过危机。
是有意义有一个评估候选人的新CEO的下一阶段公司的增长,Pareekh Jain说外包顾问。”是很重要的员工、客户和股东的角度来看,CEO过渡平稳”,从2017年的N Chandrasekaran Gopinathan。
在Gopinathan任期内,股票上涨了160%。他从首席财务官的作用提升到首席执行官Chandrasekaran后在2017年2月被任命为主席塔塔的儿子。
在他最后一次采访中,等12月,Gopinathan重申他的目标收入翻倍到2030年的500亿美元。他还领导了一场重大重组的组织在2022年4月更客户集中。前面的重组在TCS Chandrasekaran于2009年。
46岁,Gopinathan公司最年轻的首席执行官之一。他于2001年加入它从塔塔开车TCS的新建立的电子商务行业和工作单位。
Gopinathan说他已经“彻底享受”在TCS 22年任期。
“这是一种乐趣与钱德拉密切合作,指导我度过整个时期,”他在一份声明中说。“过去六年的领导这个标志性组织最丰富、最充实,增加超过100亿美元的增量收入和市值超过700亿美元的增加。”
他辞职的决定后反射和与董事长和董事会讨论。
“我们决定,本财政年度的结束是一个很好的时间让我下台,追求那些(其他)的利益,”他说。“有共事Krithi在过去的二十年里,我相信他是最好的定位TCS高度发展以及领导团队。我将与Krithi密切合作给他所有他需要的支持。”
塔塔的儿子和TCS Chandrasekaran主席说,“我有工作的乐趣与Rajesh过去25年。在此期间,拉杰什一直尊敬的模范在各种角色的表现,包括他的前任首席财务官的角色。”
在TCS, Krithivasan举行各种领导角色在交付、客户关系管理、大型项目管理和销售。Krithivasan也是一个董事会成员TCS Iberoamerica TCS爱尔兰和TCS技术解决方案公司的监事会。他拥有机械工程学士学位马德拉斯大学工业管理工程硕士学位IIT坎普尔。
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Mumbai | Bengaluru: K Krithivasan is set to become the next CEO of Tata Consultancy Services<\/a> (TCS<\/a>), India’s largest IT services company. He will succeed Rajesh Gopinathan<\/a>, whose resignation<\/a> as chief executive and managing director was announced on Thursday. The board appointed Krithivasan as CEO-designate with effect from March 16.
He will take over as CEO and managing director in the next financial year, subject to shareholder approval. The effective date of his succession will be intimated in due course, TCS said.
Gopinathan, 52, has been at TCS for 22 years and was CEO for six years. His last date will be September 15, according to the company statement. He had been reappointed for a second five-year term in March 2022. Krithivasan is currently president and global head of the banking, financial services and insurance (BFSI) business group, which contributes the largest revenue share (31.5%) of the $25 billion company. Krithivasan joined TCS in 1989.
Thoroughly Enjoyed Tenure: Gopinathan
<\/strong>
“This is certainly a surprise as the company’s performance has been strong under Gopinathan,” said Phil Fersht, founder of IT research firm HFS Research. “Krithi has a very strong track record leading the BFSI business and has 33 years in TCS, and will be a very solid presence to take things forward for the firm… Krithi’s appointment to the top leadership role spells continuity.”
N Ganapathy Subramaniam (NGS), chief operating officer of TCS, is also set to retire in 2024.
Krithivasan will take over at a time when the demand for technology projects is stressed due to macroeconomic concerns and geopolitical tensions. After growing at a frenzied pace due to pandemic-driven spending on digitisation, IT spends have been sharply scaled back as organisations are dealing with the uncertainty in the global economy. According to Gartner estimates, growth of tech spending is expected to moderate to 2.4% compared with 5.1% estimated last year for 2023.
Companies are banking on their ability to mine large deals focussed on driving cost efficiencies to tide over the crisis.
It makes sense to have a market-facing candidate as the new CEO in the next phase of the company’s growth, said Pareekh Jain, an outsourcing advisor. “It is important from the employee, clients and shareholder perspective that the CEO transition goes smooth” as that from N Chandrasekaran to Gopinathan in 2017.
During Gopinathan’s tenure, the stock rose 160%. He was elevated from the role of chief financial officer to CEO in February 2017 after Chandrasekaran was appointed chairman of Tata Sons.
In his last interview, which was to ET in December, Gopinathan had reiterated his goal to double revenue to $50 billion by 2030. He also led a major restructuring of the organisation in April 2022 to make it more customer focussed. The previous reorganisation at TCS was by Chandrasekaran in 2009.
At 46, Gopinathan had been one of the youngest CEOs at the company. He joined it in 2001 from Tata Industries and worked to drive TCS’ newly established e-business unit in the US.
Gopinathan said he had “thoroughly enjoyed” his 22-year tenure at TCS.
“It has been a pleasure working closely with Chandra, who has mentored me through this entire period,” he said in a statement. “The last six years of leading this iconic organization have been most enriching and fulfilling, adding over $10 billion in incremental revenues and over $70 billion increase in market capitalization.”
He took the decision to resign after reflection and in discussion with the chairman and the board.
“We decided that the end of this fiscal year is a good time for me to step aside and pursue those (other) interests,” he said. “Having worked with Krithi over the last two decades, I am confident that he is best positioned to take TCS to greater heights along with the leadership team. I will be working closely with Krithi to give him all the support that he needs.”
Tata Sons and TCS chairman Chandrasekaran said, “I have had the pleasure of working with Rajesh for the past 25 years. During this period, Rajesh has always distinguished himself with exemplary performance in various roles, including his former role as the chief financial officer.”
During his time at TCS, Krithivasan has held various leadership roles in delivery, customer relationship management, large programme management and sales. Krithivasan is also a member of the board of TCS Iberoamerica, TCS Ireland and the supervisory board of TCS Technology Solutions AG. He holds a bachelor’s degree in mechanical engineering from the University of Madras and a master’s degree in industrial and management engineering from IIT Kanpur.
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