📺 Stream EntrepreneurTV for Free 📺

TCS CEO Rajesh Gopinathan Resigns And K Krithivasan Appointed As New CEO Designate According to the notification, K Krithivasan shall take over as the chief executive officer and managing director of the company in the next financial year, subject to shareholder's approval, effective date of which would be intimated in due course

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Twitter

Tata Consultancy Services (TCS), on Thursday, has announced that its CEO Rajesh Gopinathan has reportedly resigned to pursue other interests. It is also announced that the company has appointed K Krithivasan as the new CEO designate, effective Thursday, March 16.

"We wish to inform you that Rajesh Gopinathan, chief executive officer and managing director of Tata Consultancy Services Ltd, has tendered his resignation, which will be effective from the close of business hours on September 15, 2023. Based on the recommendation of the Nomination and Remuneration Committee, the board of directors at its meeting held on March 16, 2023, appointed K Krithivasan as the chief executive officer-designate, with effective from March 16, 2023," TCS said in a regulatory filing.

According to the notification, he shall take over as the chief executive officer and managing director of the company in the next financial year, subject to shareholder's approval, effective date of which would be intimated in due course.

TCS chairman N Chandrasekaran has reportedly said that, "Rajesh distinguished himself with exemplary performance in various roles. Over the last 6 years, Rajesh has provided strong leadership as the MD and CEO and has laid the foundation for the next phase of TCS' growth and significant investments in cloud, agile and automation to help clients accelerate their transformation."

As per a CNBC TV18 tweet, K Krithivasan has said that, "It's a great honour to lead this company. Want to double down on our customer relationships."

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Living

This Set of Chef's Knives Is Nearly $300 Off

Secure a set of cutting-edge blades with an elegant gift box at a discount.

Business News

Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'

Musk shared the secrets on a podcast with Nicolai Tangen, CEO of the $1.6 trillion Norges Bank.

News and Trends

6 Lessons I Learnt In My First Startup Venture

At his earlier role at Rover, he gained some invaluable and insightful lessons that became quite useful at running his current AI venture- Turing

Entrepreneurs

Business Spend Simplifier: Raj Narayanam, Founder, Zaggle

Though many FinTech players in India are increasing their focus on employee oriented services as this segment is easy to acquire & retain at lower cost, Narayanam feels Zaggle has the first mover advantage in this segment

Devices

Increase Your iPad Productivity with This Magic Keyboard for Just $95

Save more than 60% on this keyboard that's designed to work with the iPad 10th Gen, but only through April 30th.