Cognizant announced that its Board of Directors has named Ravi Kumar S as CEO and a member of the Board, effective immediately. Kumar succeeds Brian Humphries in both roles. To facilitate a smooth transition, Humphries will remain with the Company as a special advisor until March 15, 2023. Kumar joins Cognizant after a 20-year career at Infosys, where…
Cognizant India Chairman Rajesh Nambiar has been appointed as President, Digital Business and Technology of the US-based IT major, according to PTI report. He succeeds Malcolm Frank, who will retire from the company with effect from September 1, 2021. “On May 28, 2021, Malcolm Frank, Executive Vice President and President, Digital Business and Technology, notified Cognizant Technology Solutions Corporation of his…
IT services firm Cognizant announced that it has created a new service line, Digital Business and Technology (DBT), by merging the two service lines Digital Business and Digital Systems and Technology, ET said in its report. Malcolm Frank, who was earlier heading Cognizant’s Digital Business Unit, will head the new service line. Gregory Hyttenrauch, who…
Ursula Morgenstern has been appointed as Cognizant’s president of Global Growth Markets (GGM) and a member of Cognizant’s Executive Committee, effective from Dec 14, 2020. Prior to this role, Morgenstern served Atos for over 16 years, where she held several roles, including CEO of Germany and UK/Ireland, as well as leading the Business and Platform…
Cognizant Technology Solutions Corporation, one of the world’s leading professional services companies, announced that Jan Siegmund will be appointed Chief Financial Officer, effective September 1, 2020. Prior to this role, Siegmund served as CFO of Automatic Data Processing, a leading global human capital management technology and service provider. He will succeed Karen McLoughlin, who will continue…
Ramkumar Ramamoorthy, Chairman and Managing Director at Cognizant India has resigned after 22 years stint in the company, CEO Brian Humphries told employees. Ramamoorthy joined the company in 1998 as a programme manager with the content division. In his mail to employees, Brian Humphries said that Ramamoorthy has decided to retire from Cognizant effective 17…
Cognizant announced that it has completed the previously announced acquisition of the French operations of EI-Technologies, a Paris-based digital technology consulting firm and leading independent Salesforce specialist in France. The company said that EI-Technologies’ more than 300 employees in France will now join Cognizant, complementing its global Salesforce practice and expanding client resources in Europe.…
Cognizant, the New-Jersey headquartered IT services provider, has been making massive changes in the ways it used to handle its operations. The company has been going through a major transformation under its CEO Brian Humphries, who took charge in April 2019. Under Humphries, the company announced its plan to remove 10,000-12,000 mid-to-senior level associates globally,…
Cognizant has entered into exclusive negotiations to acquire the French operations of EI-Technologies, a Paris-based, privately-held digital technology consulting firm and leading independent Salesforce specialist in France. The proposed acquisition would complement Cognizant’s global Salesforce practice, expanding client resources in Europe. The planned acquisition requires advance consultation with the relevant works councils and would be…
Cognizant announced that Vinita Bali has been appointed to its Board as a new independent director effective February 24, 2020 and that Vice Chairman Francisco D’Souza will leave the Board effective March 31, 2020. Bali was most recently Managing Director and Chief Executive Officer of Britannia Industries from 2005 to 2014. Prior to Britannia, she…
Cognizant announced it has acquired Code Zero Consulting, a privately-held provider of consulting and implementation services for cloud-based Configure-Price-Quote (CPQ) and billing solutions. The acquisition further strengthens Cognizant’s cloud solutions portfolio and Salesforce CPQ and billing capabilities. Financial details were not disclosed. Founded in 2016, Atlanta-based Code Zero specializes in helping companies digitally transform by…
Cognizant has decided to lay off about 350 people as the company seeks to bring down costs and turn the focus more on digital from traditional technology services. The layoffs will be done from mid-to-senior level positions globally. As per a company spokesperson, these employees are aged between 50-55 years, most of whom are based…