Taj Hotels, has appointed PV Ramana Murthy, as Sr. VP & Global Head – Human Resources. Murthy joins Taj Hotels post a 15 year stint with The Coca Cola company. His most recent assignment with The Coca Cola was Executive Director – Human Resources for Hindustan Coca-Cola Beverages, India and Bangladesh. Earlier Murthy has worked…
Microsoft Board names Satya Nadella as CEO
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Microsoft Corp. has announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately. Nadella previously held the position of Executive Vice President of Microsoft’s Cloud and Enterprise group. Microsoft also announced that Bill Gates, previously Chairman of the Board of Directors, will…
Gopal Vittal appointed as Bharti Airtel’s Managing Director
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Gopal Vittal, the joint MD and CEO (India) of Bharti Airtel, is being elevated to the position of Managing Director for the company. Gopal had taken over as the CEO (India) for Bharti Airtel in March 2013. As a part of the recent announcement, Manoj Kohli would step down as the MD & CEO (International)…
Mindtree appoints Ramesh Pillai and Mark Wilsdon to its leadership team
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Mindtree announced that Ramesh Pillai will join the company as Senior Vice President and Global Head of Hi-Tech vertical. In this capacity, Pillai will be responsible for continuing the strategy of delivering differentiated solutions for clients in the Hi-Tech vertical. He will report to Krishnakumar Natarajan, CEO & MD, Mindtree. Pillai comes to Mindtree after…
Wipro appoints Ulrich Meister as Senior Vice President and Head of Continental Europe
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Wipro Ltd. has appointed Ulrich Meister as Senior Vice President and Head of Continental Europe, effective November, 2013. Ulrich joins Wipro from T-Systems, where he started in 2005, and in his last role was responsible for their global Euro 2 billion system integration business. He has immense expertise in managing large-scale strategic change programs for…
Global Executive Search Firm Odgers Berndtson and Braithwaite Steiner Pretty (BSP) Announce Merger
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Australian owned search firm Braithwaite Steiner Pretty(BSP), one of the leading executive search firms in the Asia-Pacific region has merged with Odgers Berndtson, the world’s sixth largest executive search and organizational leadership firm. Established in Sydney in 1997, BSP has successfully built a regional business with operations in Australia, Japan, China, Singapore and India. BSP…
Ybrant Digital Strengthens its Presence in the APAC Region Appoints Krishna Srinivas as GM, Sales
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Ybrant Digital Limited, the leading global digital marketing company today announced the appointment of Krishna Srinivas as General Manager, Sales, for the APAC region. Prior to joining Ybrant Digital, Krishna was Director of Media Solutions, South East Asia for the Walt Disney Company based in Singapore. Ybrant Digital is now expanding its geographical reach to…
Telecom Italia’s CEO & Executive Chairman Franco Bernabe resigns.
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Telecom Italia’s CEO & Executive Chairman Franco Bernabe resigned today following loss of support from his core shareholders. As per market sources his exit is seen as a result of some differences with the core shareholders – Telefonica , Intesa , Generali and Mediobanca. It is said that Bernabe had opposed a deal which had…
Anand Shankaran quits Wipro
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Anand Sankaran, Senior Vice President for Global Infrastructure Services and Wipro Infotech, has quit. It is learnt that he has decided to pursue a career outside of Wipro. His exit was announced by the company along with announcement regarding organisational realignment and reshuffling of leadership. In a statement the company said – “Anand has played…
Wipro Announces Organizational Changes , Leadership Reshuffle
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Wipro has announced organisational changes and related leadership appointments. Shaji Farooq, Senior Vice President would take over as the global head of its Banking, Finance Services and Insurance (BFSI) strategic business unit. He is presently leading Advanced Technologies Service Line and Go-To-Market transformation initiatives. He will take over from Soumitro Ghosh. With the growth momentum…
Fortis Group CEO Vishal Bali quits
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Fortis Healthcare Ltd has announced that Vishal Bali, Group CEO, Fortis Healthcare Limited has resigned from the services of the Company. The Company has accepted his resignation and Bali will remain with the Company till end March 2014, to enable a smooth transition. A statement by Vishal Bali says – “After having spent nearly two…
Loving what you do is not enough
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Info graphic shows that VC firms cut loads of deals this quarter
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Will you also collect $ millions when you leave your employer ?
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Some stories on severance pay-out’s.Severance pay comprises the pay and benefit’s awarded to an employee on his/her exit from an employer. The exits may be some untimely exit brought around by a firing or because of some M&A, or it could be retirement. We have listed some interesting stories related to severance pay-out’s. Severance Packages:…
Shareholders of Cooper Tire & Rubber Company approve merger with Apollo Tyres
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Cooper Tire & Rubber Company has announced that its stockholders have approved its pending merger with a wholly-owned subsidiary of Apollo Tyres Ltd. The merger on completion will result in a strategic business combination that creates the seventh-largest tire company in the world. Cooper and Apollo announced the proposed merger on June 12, 2013 following…