BENGALURU: Cognizant is being referred to as the brand new CEO manufacturing unit. Senior executives leaving the corporate following new CEO Brian Humphries’ restructuring initiative are discovering height roles in others, in spite of the difficulties led to by means of the Covid-19 pandemic. Most are being employed by means of firms a lot smaller than Cognizant, most likely to benefit from their revel in in scaling up. All of those executives had spent a few years in Cognizant, and have been a part of the duration when the corporate outgrew each considered one of its friends.
Gajen Kandiah, who was once president of Cognizant’s over $2-billion virtual business, is now the CEO of Hitachi Vantara, a wholly-owned subsidiary of the $80-billion Japanese conglomerate Hitachi. The appointment came about final month. Kandiah was once with Cognizant for 16 years. Hitachi Vantara delivers knowledge infrastructure, governance and cloud-based merchandise, virtual answers {and professional} and controlled services and products that lend a hand organisations unencumber the worth in their knowledge. It has 11,000 workers.
Nirav Patel, who was once the worldwide head of Cognizant communications, media and era business liable for an over $2-billion business, has change into the president and CEO of Bristlecone, a Mahindra Group corporate that specialises in provide chain consulting and gadget integration business. US-based Bristlecone employs over 1,800 experts. Patel had spent 20 years in Cognizant doing many international roles spanning gross sales, supply, business technique and operations.
Former Cognizant EVP Kaushik Bhaumik, who was once liable for the $3-billion healthcare business with over 40,000 other people, has change into the co-founder and CEO of Glide Health, a undertaking that applies AI/ML to handle demanding situations in healthcare. He was once in Cognizant for 16 years.
Karthik Krishnamurthy, who was once international head of markets in Cognizant’s virtual business, has change into the CEO of skill answers supplier Collabera. Collabera employs 16,000 other people and works with 70% of the Fortune 500 firms. Krishnamurthy was once with Cognizant for 18 years.
Venkat Krishnaswamy, former vice-chairman of Cognizant’s healthcare and lifestyles sciences business, and who was once within the corporate for over 16 years, was once lately appointed because the chairman of BPM company Firstsource Healthcare’s advisory board.
A spouse in a top-tier govt seek company famous that those first-generation IT services and products skill come from a management pedigree centered at the bulking up recreation. They would possibly not be capable to thrive in lately’s surroundings of disruption. “They may not get a seat at the table in driving high-end consulting conversations. However, the market still has an appetite to hire leaders with scale-up skills in mid-sized assets,” he mentioned.
The final twelve months has been an eventful one with Accenture, IBM and Capgemini having long past thru CEO transitions. More lately, Wipro noticed a brand new CEO on the helm. “But the massive query to invite is what number of forums have opted to judge leaders popping out of the Indian IT services and products ecosystem?” he asked.
Rod Bourgeois, head of research in DeepDive Equity Research, said that prior to 2016, Cognizant enjoyed a long-standing position as the envied growth story in the services industry, and it was a darling stock among investors. “As a result, in the market for management talent, Cognizant staff tend to benefit from the company’s historical reputation as a growth leader,” he mentioned.
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