On Thursday, IT giant Tata Consultancy Services (TCS) announced the surprise resignation of Managing Director (MD) and Chief Executive Officer (CEO) Rajesh Gopinathan, who stepped down to ‘pursue other interests’.
The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately.
In the operational stretch spanning more than a semi-centennial period, Krithivasan will be the fifth CEO in TCS’s history.
TCS was founded in 1968. The baton will be passed from one veteran to another, as TCS continues its legacy of the internal candidate model for the CEO’s role, and promotes leadership internally.
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