Tag: Cognizant

Do non-Indian CEOs at IT firms fit culturally?
Business

Do non-Indian CEOs at IT firms fit culturally?

BENGALURU: The appointment of non-Indian CEOs at Indian IT companies has presented a curious case of cultural misalignment, as evidenced by the departures of former Wipro CEO Thierry Delaporte and former Cognizant CEO Brian Humphries.Both leaders faced challenges in blending into the cultural fabric of their respective firms. Both CEOs were based in Europe - Delaporte in Paris and Humphries in London - rather than in the US, their primary customer market, or in India, where the delivery engine is located.Their occasional visits to India were insufficient in helping them understand the leadership role-modelling expected by their colleagues, which includes discussing shared goals, commitments to employee well-being and growth, and breaking down invisible barriers.Delaporte said he de-compli...
IT Services: Cognizant names Jatin Dalal as Chief Financial Officer
Business

IT Services: Cognizant names Jatin Dalal as Chief Financial Officer

NEW DELHI: IT services company Cognizant on Thursday announced the appointment of former Wipro executive Jatin Dalal as its new Chief Financial Officer.In a statement, Cognizant said the appointment is expected to be effective in December 2023.Dalal will report to Cognizant's Chief Executive Officer Ravi Kumar S, and oversee, among other responsibilities, the company's worldwide financial planning and analysis, accounting and controllership, tax, treasury and internal audit, corporate development, investor relations and enterprise risk management functions."Dalal will succeed Jan Siegmund, who, as previously disclosed, intends to retire in early 2024," the company said.Upon Dalal's taking over the role of CFO, Siegmund will remain with the company as a non-executive officer and special ad...