Tata Consultancy Services (TCS) is set to get a new CEO. India’s largest software services company TCS will see a change of guard this week as its chief for six years Rajesh Gopinathan steps down and K Krithivasan takes charge as chief executive and managing director.The outgoing CEO Gopinathan, who steps down today (May 31) wished him success and thanked colleagues for their support in a letter dated May 29.
TCS had on March 17 announced the sudden resignation of Gopinathan and named banking and financial services president Krithivasan as CEO designate. Gopinathan, 52, has been with TCS for 22 years. He was elevated from the role of chief financial officer to CEO in February 2017 after his predecessor N Chandrasekaran was appointed as chairman of Tata Sons.
In March 2022, Gopinathan was reappointed for a period of five years ending February 2027.
Here are the key highlights from Gopinathan's farewell note to TCS employees
“I am grateful I have had the privilege to helm the TCS journey over the last six years, and carry on the proud legacy of Mr Kohli, Ram and Chandra,” he wrote. “I want to especially thank Chandra (N Chandrasekaran), our chairman, for his mentorship over the years,” he added.
He added that these initiatives, combined with greater focus on sales teams led to an increased customer base from 35 to 60 who contributed more than $100 million in annual revenue. “We undertook an ambitious redefinition of TCS’ service portfolio and market positioning by introducing Business 4.0 and growth and transformation frameworks to integrate our technology services offering with greater focus on business value delivered,” he said.
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