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Home » IANS » Rajeev Mehta may be appointed Mindtree CEO

Rajeev Mehta may be appointed Mindtree CEO

By IANS
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New Delhi, July 31 (IANS) Rajeev Mehta, former President of Cognizant, is slated to be appointed as the CEO of Mindtree, sources said.

The Mindtree Chief Executive’s post fell vacant after Co-founders Krishnakumar Natarajan, N.S. Parthasarathy and Rostow Ravanan resigned earlier this month, two days after infrastructure construction behemoth L&T acquired controlling stake in the global IT services firm.

The names of Debashis Chatterjee, another Cognizant top executive whose term ends on July 31, and Anjan Lahiri, former CEO and former Co-founder at Mindtree, are also doing the rounds as contenders for the top job.

Last week, the L&T management had said that the new CEO would be announced on August 1.

In May, L&T had bought the late V.G. Siddhartha’s around 20 per cent stake in Mindtree through a block deal worth around Rs 3,200 crore.

L&T bought 3.27 crore shares held by Siddhartha and Cafe Coffee Day at Rs 980 per share, according to BSE data.

–IANS

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