Davos. Tech Mahindra chief CP Gurnani, after captaining the IT industry for a long time, is looking to play a new innings as a “coach” when he retires from the company in December this year. Tech Mahindra’s Nomination and Remuneration Committee has extended Gurnani’s tenure till December 19, 2023. Meanwhile, the company will complete the search for Gurnani’s successor. He did not give any further details about the succession plan, but sources have indicated that internal candidates – Jagadish Mitra, Manish Vyas, Lakshmanan Chidambaram are among the top contenders for the post.
Jagdish Mitra currently serves as Chief Strategy Officer and Head of Growth. He has been with the group for the last 30 years. Vyas serves as the President of the Communications, Media & Entertainment business and CEO of Network Services. He has been with the company for the last 23 years. Chidambaram is the chairman of Tech Mahindra America. He has been with the company since December 2012. Gurnani said the succession plan will be finalized by the committee as per the company’s corporate governance norms.
He said, “I have been in the same business for a very long time. I became CXO at 38 and am now leaving at 65. All I am trying to say is that I have been a captain in the game for a very long time. Now I will become a coach. I will no longer be a playing captain. Gurnani told PTI that he would like to see the other side of the world and pursue things that are close to his heart. “I am one of the longest serving CEOs in the technology sector.
I think it would be fitting that I get a chance to see what the other side of the world looks like. I’m not talking about travel. I am talking about the things that I have always wanted to do in life. It is also good for the company that we get a new leadership.” Gurnani said Tech Mahindra will continue to strengthen its presence in Japan and Europe. He said, “I have always been a big fan of Japan. I will continue to build stronger business interests in Japan. Clearly, I think Europe is a huge opportunity now.
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