Eureka Forbes appoints Shashank Samant to its Board

Shashank Shankar Samant

Home appliances maker Eureka Forbes Limited announced the appointment of Shashank Shankar Samant to its Board of Directors, with effect from October 10, 2022.

According to the company’s exchange filing, “the Board of Directors in their meeting held on even date have appointed Mr. Shashank Shankar Samant (DIN: 09733485) as Additional Non-Executive Independent Director of the Company with effect from October 10, 2022.”

Shashank Samant is currently the Chairman of GlobalLogic, post his retirement as President & CEO on September 30, 2022. GlobalLogic is a leader in Digital Engineering. Since joining in 2008 he has transformed GlobalLogic into a global leader, helping Fortune 1000 companies achieve their digital ambitions. Under Shashank’s leadership, GlobalLogic has experienced explosive growth in size, reach, and revenue — all while developing a strong reputation, and a culture that fosters engaged employees. In July 2021, GlobalLogic was acquired by Hitachi Ltd. for $9.6B and continues independent operations as a Hitachi Group Company.

Prior to joining GlobalLogic, Shashank was President of Ness Technologies, where he founded and built their product engineering services business and grew it to a successful IPO on the NASDAQ exchange in 2004.

Prior to Ness, Shashank was the leader of product engineering for Hewlett-Packard’s Verifone line of business, Before HP, Shashank was instrumental in establishing IBM’s first India-based software engineering lab, helping globalize IBM’s R&D and software engineering. Shashank started his career at Citicorp, where he was part of the core team that developed the FlexCube banking technology that transformed retail banking. In addition to his operating executive role and Board of Directors at GlobalLogic, Shashank also serves as a member of the Board of Directors at Office Depot, a $10B retail leader based in the US, Rackspace Technology, a leading end-to-end multicloud technology solutions company, the Herjavec Group (now called Cyderes), a leader in cybersecurity advisory services and architecture & implementation services.

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