Cognizant Technology Solutions ropes in Vodafone man as new CEO
In the last 12 years, D'Souza was instrumental in growing Cognizant's revenues from $1.4 billion in 2007 to $16.4 billion last year.
Bangalore: The American-Indian tech firm Cognizant Technology Solutions has announced a few top-level management changes on Wednesday along with its fourth quarter numbers.
Under the new arrangement, Francisco D'Souza, its Chief Executive Officer since 2007, will relinquish the role and become Executive Vice-Chairman while Brian Humphries, currently CEO of Vodafone Business, which has about 12 billion euros in sales globally, will replace D'Souza from April 1.
In the last 12 years, D’Souza was instrumental in growing Cognizant’s revenues from $1.4 billion in 2007 to $16.4 billion last year. The Kenyan-born Indian American entrepreneur and businessman who co-founded Cognizant along with Lakshmi Narayanan will serve as full-time executive VC to help the transition until June 30. Post that, he will stay on the board as Vice-Chairman, said the company.
Cognizant’s president Rajeev Mehta will step down on April 1.
Michael Patsalos-Fox, Cognizant's Chairman of the Board, in a statement, said, “Our industry is entering a dynamic new growth stage. Brian is a broadly experienced technology executive with a proven track record of driving enterprise-wide transformation through focused execution, often in challenging and highly competitive market segments. Brian brings a global perspective and a keen knowledge of our businesses and the technologies with which we innovate. We're confident he has the ideas, energy, ambition and insights to extend the remarkable track record of success under Frank's leadership.’’
Humphries joined Vodafone from Dell where he was President and COO of its Infrastructure Solutions Group.