Cognizant COO Srinivasan Veeraraghavachary to step down

Srinivasan Veeraraghavachary, COO at Cognizant is stepping down, becoming a member of a slew of senior executives of the corporate who’ve give up the corporate since Brian Humphries took over as CEO final April. Veeraraghavachary, a two decade veteran at Cognizant, held a number of roles together with Company Safety, World IT and gross sales and operations would stay within the organisation until August.

“Shortly after I joined Cognizant, Srini and I mentioned his profession aspirations. He expressed his curiosity in transitioning out of Cognizant to pursue his subsequent problem, but dedicated to remain in his position and supply his assist for the subsequent 12 months,” Humphries wrote in an electronic mail to workers final week. ET reviewed the mail that was confirmed by Cognizant on Sunday.

No less than a dozen senior executives have left the corporate together with Santosh Thomas, EVP, president of World Development Markets earlier this 12 months and Gajen Kandiah, president of Digital Enterprise and Digital Engineering and Sumithra Gomatam, president of Digital Operation amongst others, final 12 months.

The corporate indicated in its current quarterly commentary that there may very well be future cuts within the workforce, together with in senior roles. Humphries has employed former Unisys government Lawrence Wieser as Chief Administrative Officer, who will even amongst different roles take over the gross sales operations led by Veeraraghavachary.

Weiser was Vice President of World Operations at Unisys for the previous 14 years the place amongst different features he was chargeable for pricing of contracts.

—Newpaper24