Mindtree set for top brass revamp as 3 founders resign after L&T's takeover

Meanwhile, L&T has started its hunt to fill in the leadership positions at the IT services firm with names of at least three external candidates and one internal candidate doing the rounds

Mindtree is set to undergo a leadership overhaul under Larsen & Toubro (L&T) as three founders of the Bengaluru-based IT services company have resigned.

In an exchange filing on Friday, Mindtree said its Executive Chairman Krishnakumar Natarajan, Executive Vice-Chairman and Chief Operating Officer (COO) N S Parthasarathy, and Managing Director and Chief Executive Officer (CEO) Rostow Ravanan had put in their papers as members of the board and as well as employees of the company. Earlier, Subroto Bagchi, another co-founder of Mindtree, had opted out of his reappointment on the board.

“They will stay as board members till July 17 and as employees