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Mindtree announces Top-level Organization changes effective 1st April 2016

By | https://asiafreshnews

  • Rostow Ravanan Takes Over as CEO & MD
  • Krishnakumar Natarajan Takes Over as Executive Chairman
  • Subroto Bagchi Steps Down as Executive Chairman; Will Continue as Member of the Board

BANGALORE and WARREN, N.J. /PRNewswire/ — Mindtree’s Board of Directors is pleased to announce the appointment of Rostow Ravanan as the CEO and Managing Director, and Krishnakumar Natarajanas the Executive Chairman. Subroto Bagchi steps down as Executive Chairman but continues on the Board as a non-executive director.

Ms. Apurva Purohit, Independent Director and Chairperson of the Nomination and Remuneration Committee of the Board said, This is the culmination of a year-long succession planning exercise that the Board had undertaken after carefully considering several candidates. We are very happy with the process and the outcome. We believe that Mindtree with a stellar management team is fully ready for the opportunities and the challenges ahead. The Board recognizes and thanks Subroto for his invaluable contributions andinspirational leadership. All the changes announced today will be effective April 1, 2016.

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