K. Krithivasan has been appointed as the CEO designate of Tata Consultancy Services (TCS) following the resignation of Rajesh Gopinathan, who stepped down from his position as CEO. Gopinathan, who had been with the company for over 20 years, has decided to pursue other opportunities.
Krithivasan, who is currently the chief financial officer (CFO) of TCS, has been with the company for over 30 years and has held various leadership positions. He will take over as CEO on November 1, 2021, subject to the approval of shareholders.
In a statement, TCS chairman N Chandrasekaran thanked Gopinathan for his «immense contribution» to the growth and success of the company. «Under his leadership, TCS has consolidated its position as a leading player in the global IT services industry and has set new benchmarks in growth, delivery excellence, and innovation,» Chandrasekaran said.
Gopinathan, who took over as CEO in 2017, led TCS through a period of significant transformation and growth. During his tenure, the company’s revenue grew at a compound annual rate of 9.2%, and TCS was consistently ranked as one of the top IT services companies in the world.
In a statement, Gopinathan said that it had been «an honour and privilege» to lead TCS, and that he was confident that Krithivasan would continue to lead the company to new heights. «I am extremely proud of what we have achieved together, and I am confident that TCS will continue to thrive under Krithi’s leadership,» he said.
Krithivasan, who will be the fourth CEO in TCS’s history, said that he was «deeply honoured» to be appointed to the position. «I am deeply honoured to be appointed as the CEO of TCS, and I look forward to working with the talented and dedicated team at TCS to build on the company’s strong foundation and take it to new heights,» he said.
TCS is India’s largest IT services company and one of the largest employers in the country, with over 500,000 employees worldwide. The company provides services to clients in a wide range of industries, including banking, finance, healthcare, retail, and manufacturing.