Rajesh Gopinathan, the Managing Director and CEO of Tata Consultancy Services (TCS), has announced his decision to resign from his position in order to pursue other interests. Gopinathan has been with the company for more than two decades. TCS’s board of directors has approved his request to step down and has appointed K Krithivasan as CEO-designate, effective from March 16, 2023.
Rajesh Gopinathan will remain with TCS until September 15, 2023, to assist with the transition to his successor. During his six-year tenure as CEO, TCS achieved significant milestones, including adding over $10 billion in revenue and increasing its market capitalization by over $70 billion.
TCS, which has been operating for 55 years, has had only four CEOs in its history, and K Krithivasan will become the fifth. The company is known for having a highly stable management team, which is rare in the industry.
K Krithivasan, who is currently serving as the President and Global Head of the banking, financial services, and insurance (BFSI) business group at Tata Consultancy Services (TCS), has been appointed as the CEO-designate of the company. With over 34 years of experience in the global technology sector, Krithivasan first joined TCS in 1989 and has since held various leadership roles in delivery, customer relationship management, large program management, and sales.
In addition to his role at TCS, Krithivasan serves on the board of directors of TCS Iberoamerica, TCS Ireland, and the supervisory board of TCS Technology Solutions AG. He holds a Bachelor’s Degree in Mechanical Engineering from the University of Madras and a Master’s Degree in Industrial and Management Engineering from IIT Kanpur.
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