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Tech Mahindra, Mahindra Satyam get new heads

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CIOL Bureau
New Update

MUMBAI, INDIA: After the renaming of Satyam Computer Service Limited as Mahindra Satyam last week, Anand Mahindra, chairman of Tech Mahindra Limited, today announced the appointments of Sanjay Kalra as Tech Mahindra’s CEO and C P Gurnani as Mahindra Satyam’s CEO.

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Vineet Nayyar, vice-chairman, managing director and CEO of Tech Mahindra gets the new role of executive vice chairman for both the companies – Tech Mahindra and Mahindra Satyam.

Also, S. Durgashankar, currently the senior vice president – Mergers & Acquisitions at Mahindra & Mahindra has been named the CFO of Mahindra Satyam during the announcement.

Briefing the media, Anand Mahindra said, “I am delighted to announce the appointment of Vineet Nayyar as the executive vice chairman for Tech Mahindra and Mahindra Satyam and the induction of Sanjay Kalra and C P Gurnani as the respective CEOs of Tech Mahindra and Mahindra Satyam.

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“These executives’ appointments will help the respective companies leverage their immense global experience across different verticals, in their quest to take an unassailable lead,” Mahindra added.

On the announcement of new executives, Nayyar said, “Both CP and Sanjay are accomplished leaders with extensive experience in managing global business operations. In their executive roles, they will ensure swift and effective execution of the go to market strategy envisaged by both organizations.”

Further, on his appointment as executive vice chairman, Nayyar talked about challenges ahead of him such as the issues of governance with Satyam.

“I will take full responsibility to see that the issues that happened in Satyam, never ever happen again. And try to bring back the pride of Andhra Pradesh,” he said.

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