LTIMindtree president and board member Sudhir Chaturvedi quits
The Hindu
President and board member of LTIMindtree, Sudhir Chaturvedi has stepped down from his role.
LTIMindtree’s president of global markets, Sudhir Chaturvedi, has stepped down as he is exploring new opportunities elsewhere.
The company’s COO Nachiket Deshpande will now be the frontrunner to succeed CEO Debashis Chatterjee who is expected to retire by the end of this year. Mr. Chaturvedi will be serving in his current role until January 27.
It was earlier reported that Mr. Deshpande would likely be the preferred choice to lead the company.
Prior to this role, Mr. Chaturvedi served as the COO of NIIT Technologies, a company he joined after his stint at Infosys as a senior vice president and the head of financial services of the Americas unit.
“He has been a valued member of the erstwhile LTI Board & presently the LTIMindtree Board since 2016, providing significant contributions to the Company’s strategic direction and growth,” the company said in a press statement while making the announcement.
S.N. Subrahmanyan, Chairman, LTIMindtree said, “I would like to extend my heartfelt gratitude to Mr. Sudhir for the remarkable impact he has made during his long tenure at L&T Group. His visionary leadership and unwavering commitment have been pivotal in shaping the foundation for the next phase of growth for LTIMindtree.”
The consulting company announced their earnings for the last quarter a few days ago, reporting a $1.14 billion in revenue which is 1.1% higher than their previous quarter and 5.1% higher than the same quarter last year.
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