Tcs ceo rajesh gopinathan

TCS has nominated its current President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group K Krithivasan as CEO Designate with immediate effect. "The Board has nominated K Krithivasan as the CEO Designate, with effect from 16th March 2023. Krithivasan will go through a transition with Rajesh Gopinathan and will be appointed as the Managing Director & CEO in the next financial year," the statement said.

Gopinathan, under whose leadership the market capitalisation of TCS almost doubled, resigned to “purse other interests”, as per company BSE filing. His resignation shall be effective from September 2023. Meanwhile, the company's board in a meeting held on March 16, 2023, appointed K Krithivasan as CEO designate. He will take formally take over the role in the next financial year after shareholders' approval. "We wish to inform you that Mr Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services Limited (“the Company”) has tendered his resignation, which will be effective from the close of business hours on September 15, 2023. The Board place on record their appreciation for the contribution made by Mr. Rajesh Gopinathan during his tenure with the Company," TCS exchange filing informed. K. Krithivasan is presently President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at Tata Consultancy Services. Krithivasan has been part of the global technology sector for over 34 years, having joined Tata Consultancy Services in 1989. During his long tenure at TCS, he has held various leadership roles in delivery, customer relationship management, large program management and sales. Krithivasan is also a member of 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...

Almamater St. Mary’s Convent Inter College, RDSO Manak Nagar Lucknow ( Knownfor Outgoing Rajesh Gopinathan (born 1971) is the outgoing CEO and Managing Director of Education [ ] Rajesh did his schooling from St. Mary’s Convent Inter College RDSO Manak Nagar Lucknow, is Alumni of 1987 Batch of SMCIC RDSO LKO as per his batchmates. Rajesh graduated in 1994 with an Electrical and Electronics Engineering degree from the Career [ ] Tata Strategic Management Group [ ] He joined the Tata Strategic Management Group in 1996, where he worked on multiple assignments with Tata companies. Tata Consultancy Services [ ] In 2001, Rajesh joined Tata Consultancy Services from the Tata Industries and worked to drive TCS’ newly established e-business unit in the United States. Rajesh has played a key role in helping TCS become a 22 billion global company at the end of fiscal year 2020. With over 469,000 associates, TCS is one of the largest private sector employers globally and was recognized as a Global Top Employer for the sixth consecutive year in 2021, with the highest retention rate in a competitive industry. Under Rajesh’s leadership, the market capitalization of the company crossed USD 100 billion during April 2018, Resignation from TCS [ ] He will resign as chief executive officer, effective May 31st, 2023 Awards and recognition [ ] • 2021 - India’s Best CEO in the category of Super large companies by • 2020 - Outstanding Business Leader of the Year - • 2019 - Management Man of the Ye...

While Gopinathan's salary for FY23 stood at Rs 1.73 crore, he pocketed Rs 25 crore as commission, and Rs 2.43 crore as benefits, perquisites, and allowances. Although Rajesh Gopinathan’s salary grew by a modest percentage in the fiscal under review, his remuneration was still 427 times the median pay of employees at the Mumbai-headquartered IT services company. Despite heading India’s largest IT company, Gopinathan’s paycheck is smaller compared to his counterparts at other top IT firms. While Gopinathan’s peer at Infosys, Salil Parekh, made Rs 56.44 crore in FY23, Wipro CEO Thierry Delaporte earned around Rs 82 crore. Tech Mahindra and HCL Technologies have not yet released their annual reports. In fact, Gopinathan’s remuneration is also lower than what his predecessor N Chandrasekaran drew in FY17. In his final letter to the shareholders, Gopinathan opened up about his final year as CEO of TCS. He also wished the company well for its future endeavours. “In FY2023, we focused on utilising the spare capacity built up in the prior year, and recalibrated our hiring, especially as attrition started falling in the second half of the year. I am confident that TCS’ best years are ahead, and I look forward to watching the company’s continued success from outside," he said. It is worth noting that TCS’ FY23 annual report further shows that the company’s top brass executives enjoyed an annual compensation hike of a whopping 120 percent in the last three years. Meanwhile, K Krithiva...

NEW DELHI: Tata Consultancy Services on Thursday announced that its CEO and managing director Rajesh Gopinathan has resigned and K Krithivasan will be the new CEO designate at the firm. Krithivasan is currently president and global head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS. Krithivasan has been part of the global technology sector for over 34 years, having joined TCS in 1989. During his long tenure at TCS, he has held various leadership roles in delivery, customer relationship management, large program management and sales. In a statement announcing the change in leadership , the company said Gopinath has decided to step down from the company to pursue his other interests "after a stellar career of over 22 years with TCS and a successful stint as managing director & CEO during the last 6 years". TCS chairman N. Chandrasekaran said Rajesh distinguished himself with exemplary performance in various roles. "Over the last 6 years, Rajesh has provided strong leadership as the MD & CEO and has laid the foundation for the next phase of TCS’ growth with significant investments in cloud, agile and automation to help clients accelerate their transformation. | am deeply appreciative of Rajesh’s enormous contribution to TCS." Gopinathan said the last six years of leading "this iconic organisation have been most enriching and fulfilling, adding over $10bn in incremental revenues and over $70bn increase in market capitalisation".

Rajesh Gopinathan to Step Down as MD & CEO; K Krithivasan appointed as CEO Designate PRESS RELEASE MUMBAI, March 16, 2023: After a stellar career of over 22 years with Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) and a successful stint as Managing Director & CEO during the last 6 years, Rajesh Gopinathan has decided to step down from the company to pursue his other interests. The Board of Directors has considered his request and accepted the same. Mr. Gopinathan will continue with the company till 15th September 2023 to provide transition and support to his successor. The Board has nominated K. Krithivasan as the CEO Designate with effect from 16th March 2023. Krithivasan will go through a transition with Rajesh Gopinathan and will be appointed as the Managing Director & CEO in the next financial year. N. Chandrasekaran, Chairman, TCS, said; “I have had the pleasure of working with Rajesh for the past 25 years. During this period, Rajesh has always distinguished himself with exemplary performance in various roles, including his former role as the Chief Financial Officer. Over the last 6 years, Rajesh has provided strong leadership as the MD & CEO and has laid the foundation for the next phase of TCS’ growth with significant investments in cloud, agile and automation to help clients accelerate their transformation. I am deeply appreciative of Rajesh’s enormous contribution to TCS. I wish him the very best for the future.” Rajesh Gopinathan, MD & CEO, TCS, said; “...

Former Tata Consultancy Services CEO Rajesh Gopinathan earned Rs 29.16 crore in FY23, up 13.17% over FY22, the company stated in its annual report. His compensation rose 26.6% in FY22. Gopinathan was the fifth-highest-paid CEO within the Indian IT services sector earning a compensation of Rs 25.75 crore. His basic salary for the year was Rs 1.7 crore. Gopinathan will remain with the company till September 16 in an advisory role. TCS is India's largest IT company both by market capitalisation as well as revenue. Earlier this month, K Krithivasan took over as the TCS CEO. An IIT-Kanpur alumnus, 58-year-old Krithivasan is a TCS veteran, having been with the company for 30-plus years. He was previously president and global head of banking, financial services and insurance (BFSI) vertical that accounts for nearly a third of the company's revenue. The IT services company has said that its new CEO, K Krithivasan, will have a basic salary of Rs 10 lakh per month, which can go up to Rs 16 lakh, plus other benefits. The company's COO NG Subramaniam earned a total compensation of Rs 23.59 crore during the fiscal year 2023, up 14% through the year. It had grown 18% in FY22. Gopinathan, 52, has been with TCS for 22 years. He was elevated from the role of chief financial officer to CEO in February 2017 after his predecessor N Chandrasekaran was appointed as chairman of Tata Sons. In March 2022, Gopinathan was reappointed for a period of five years ending February 2027. Rival Infosys ' C...