Mumbai – Aug 13, 2012– This is to announce that CP Gurnani has been appointed as the Managing Director of Tech Mahindra, in the Board meeting which was held in Mumbai on August 10, 2012.
CP played a pivotal role in the three year transformational journey of Mahindra Satyam and is spearheading the eventual merger with Tech Mahindra.
"From establishing Tech Mahindra as the undisputed leader in telecom to charting Mahindra Satyam's three year transformational turnaround in the most trying of circumstances, CP's journey as the turnaround CEO is now complete and I congratulate him as he takes on this additional critical responsibility. I am confident that he will continue to outshine in all that he sets out to do." said Anand Mahindra, Chairman, Mahindra Group and Chairman of Tech Mahindra.
“I have closely worked with CP for more than 15 years and his abundant energy, spontaneity and customer centric approach is not replicable. It is his single minded focus and ‘never say die’ attitude that helped galvanize the teams and made Mahindra Satyam's recovery possible. As he takes on this critical responsibility, his experience at Tech Mahindra and Mahindra Satyam will prove to be invaluable as we move closer to the formal merger. I congratulate him on this additional responsibility and wish him the very best in his new responsibility.” said Vineet Nayyar, Executive Vice Chairman, Tech Mahindra and Chairman, Mahindra Satyam.
“Tech Mahindra has been instrumental in shaping my career and the opportunity at Mahindra Satyam helped me build on that foundation. Whatever I have achieved has been possible because of the relentless efforts of my teams, colleagues and the enormous patience and understanding from my family. I look forward to the challenges and hope to deliver to the best of my abilities,” said CP Gurnani, CEO, Mahindra Satyam and Managing Director, Tech Mahindra.
Previously, CP headed Tech Mahindra's global operations, sales and marketing functions, and led the development of the company's competency and solution units.
An alumnus of National Institute of Technology (NIT), Rourkela, he has held several leading positions with HCL Hewlett Packard Limited, Perot Systems (India) Limited and HCL Corporation Ltd in his career of over 31 years. In 2007, CP was nominated for the Entrepreneur of the Year Award bestowed by Ernst & Young.
About Mahindra Satyam
Mahindra Satyam is a global business consulting and information technology services company leveraging deep industry and functional expertise, leading technology practices and a global delivery model to help businesses transform their processes and improve performance. The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business processes, engineering and product lifecycle management, infrastructure services, among other services.
The company has development and delivery centres in the United States of America, Canada, Brazil, the United Kingdom, Germany, France, Hungary, Egypt, United Arab Emirates, India, China, Malaysia, Singapore, and Australia and serves numerous clients, including many Fortune 500 organizations.
Mahindra Satyam is part of the USD 15.4 billion Mahindra Group. The Mahindra Group employs more than 144,000 people in over 100 countries and operates in key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow. In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For more information, see www.mahindrasatyam.com
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About Tech Mahindra:
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra Limited. Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators worldwide and their proven delivery models, distinctive IT skills and decades of domain expertise enable clients to maximize returns on their IT investment by achieving fast time to market reduced total cost of ownership and high customer satisfaction.
Tech Mahindra registered revenue of USD 1,156 million in the year ended March 31, 2012 and is ably supported by around 41,000 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.
A SEI-CMMi Level 5 organization, Tech Mahindra's development centers are ISO 9001:2008 and BS7799 certified. Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia.
Tech Mahindra Ltd is part of the US $15.4 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group's interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail. In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow. In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For more information please refer to the website: www.techmahindra.com