Sunday, November 8, 2015

iGate CEO Ashok Vemuri Quits after Merger with Capgemini

Ashok Vemuri
47 years old iGate CEO Ashok Vemuri has resigned the US-based company in months after it was acquired by French IT major Capgemini. Now finance chief of iGate Sujit Sircar designated as interim CEO.
  • It was acquired by Capgemini in April 2015 with $4 billion deal.
  • Mr Vemuri was the Infosys highest-paid executive and there he was the head of manufacturing and engineering services.
  • He had joined iGate as CEO in September 2013.
  • He held 400,000 shares of iGate with a value of Rs. 120 crore when Capgemini announced the acquisition.

No comments:

Post a Comment