Cognizant India Chariman Resigns After 10 Months Of Taking Charge: Report!
Home > News Shots > Business newsAs a shock to employees, Chairman and Managing Director at Cognizant India Ramkumar Ramamoorthy, has resigned after 23 years in the company.
This news become the latest in a series of top-level exits after Brian Humphries, who took charge last year.
Ramamoorthy, who was given the charge of the company in September 2019, told BusinessLine that "Yes, I have resigned," without giving much details. Meanwhile, a Cognizant spokesperson has confirmed the development.
During his time at Cognizant, Ramamoorthy has played a leading role in developing many India-based portfolios, among them Marketing and Communications, Market Research and Intelligence, Public Affairs, and Knowledge Management.
However, the Teaneck, New Jersey-headquartered IT services firm has over 200,000 employees in India. Since taking over as CEO in 2019, Cognizant has seen hundreds of senior employees leave the company.
“I want to announce that after 23 years with our company, Ramkumar Ramamoorthy, Chairman and Managing Director, India, has decided to retire from Cognizant, effective July 17, 2020. I would like to thank Ramkumar for his successful tenure here, for his many contributions over the years, and for being a passionate brand ambassador of Cognizant with our multiple external stakeholders. We are particularly grateful for Ramkumar’s leadership role during the pandemic, where he ensured associate health and safety and effectuated the transition to work from home," Brian Humphries, Cognizant CEO said in a statement.
Also, in a major reshuffle, Cognizant even replaced the head of global delivery Pradeep Shilige and brought in former Accenture executive Andy Stafford as the new head of delivery, ET further reported.
"Andy spent nearly two decades with Accenture, where he rose to Senior Managing Director responsible for the firm's Global Delivery Network for Technology, an organization of 100,000 professionals operating in more than 20 countries. He was also a member of the Global Leadership team for the firm's Technology business, where he had responsibility for its transformation to a global delivery model," Humphries further stated.
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