Country for PR: United Kingdom
Contributor: PR Newswire Europe
Saturday, July 06 2019 - 02:18
AsiaNet
Leadership Changes in Mindtree Following Change of Control
WARREN, New Jersey and BANGALORE, India, 5 July, 2019 /PRNewswire-AsiaNet/--

    Mindtree, a global technology services and Digital transformation company, 
announced that Krishnakumar Natarajan, Executive Chairman, N S Parthasarathy, 
Executive Vice Chairman and Chief Operating Officer and Rostow Ravanan, CEO and 
Managing Director have submitted their resignations as members of the Board of 
Directors of Mindtree Ltd and as employees of the company. They will stay as 
Board members till 17 July 2019 and as employees in line with their employment 
contracts to ensure smooth transition. Further, along with the other founders 
of the company, they have asked the company to de-classify them as promoters 
under applicable laws.

    Logo: https://mma.prnewswire.com/media/633364/Mindtree_Logo.jpg

    The company will announce a new leadership team in due course.

    "Mindtree has delivered exceptional performance for all our stakeholders 
over the last 2 decades through our differentiated strategy and unique culture. 
We are grateful to all our customers, Mindtree Minds and external stakeholders 
for their steadfast support throughout our journey," said Krishnakumar 
Natarajan, Executive Chairman, Mindtree. "We wish the new leadership team at 
Mindtree the very best."

    About Mindtree

    Mindtree [NSE: MINDTREE] is a global IT consulting and services company 
which helps clients across 17 countries achieve business agility, competitive 
edge, and growth. We harness the power of Continuous Delivery, our digital 
expertise, industry knowledge, and research in emerging technologies to drive 
efficiencies and enable business innovation for over 349 clients.

    Mindtree is consistently regarded as one of the best places to work. This 
is a reflection of our entrepreneurial, collaborative and dedicated "Mindtree 
Minds" who embody the winning culture that defines our commitment to 
excellence, innovation, and co-creation.

    To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd

    Safe harbour

    Certain statements in this release concerning our future growth prospects 
are forward-looking statements, which involve a number of risks, and 
uncertainties that could cause our actual results to differ materially from 
those in such forward-looking statements. We do not undertake to update any 
forward-looking statement that may be made from time to time by us or on our 
behalf.

    Visit us at www.mindtree.com. For more information, contact:

    Contacts:
    INDIA
    Rahul Nag
    Mindtree 
    +91-9958644228
    Rahul.Nag@mindtree.com                                 

    UNITED STATES
    Erik Arvidson
    Matter Communications
    +1-978-518-4542
    earvidson@matternow.com

    EUROPE
    Susie Wyeth 
    Hotwire 
    +44-(0)207-608-4657
    susie.wyeth@hotwireglobal.com

    Mindtree Limited
    Global Village
    RVCE Post, Mysore Road
    Bangalore-560059
    CIN: L72200KA1999PLC025564
    Phone: +91-80-6706-4000;
    Fax: +91-80-6706-4100
    E-mail: info@mindtree.com/investors@mindtree.com
    Website: www.mindtree.com

    © Mindtree 2019

     Source: Mindtree