Cognizant names Ravi Kumar as CEO, replaces Brian Humphries
- ByStartupStory | January 13, 2023
Cognizant has named Ravi Kumar as its new Chief Executive Officer, effective immediately, replacing outgoing Brian Humphries. Kumar served as President and COO of Infosys until October 2022, when he left to join Cognizant as President of Cognizant Americas the following week.
Mr. Humphries resigned from his position of four years, a move that has been linked to Cognizant’s recent underperformance, including a revenue decline in the third quarter of 2022. He will remain as a special advisor until March 15, according to the company, to ensure a smooth transition.
Mr. Kumar worked for Infosys for over 20 years, serving as president for the last six years of his tenure. He was also a director of TransUnion and software services provider Digimarc Corp. He received his bachelor’s degree in engineering from Shivaji University and his master’s degree in business administration from India’s Xavier Institute of Management.
“I am honored to join Cognizant, a company I have long admired for its dedicated client focus and its track record of innovation,” said Mr. Kumar. He will also join the board.
“I am proud of our team’s achievements during my tenure as CEO,” said Mr. Humphries. “Our brand is more visible, our portfolio is stronger, our client relationships are more consultative and we are better aligned to high growth digital segments within our market. The company is in a great position for success. It was an honor to lead our talented associates and I wish Ravi and the leadership team all the best for the future.”
Surya Gummadi has been named president of Cognizant Americas, and Stephen J. Rohleder, who has been a member of Cognizant’s board since March 2022, has been elected chair of the board.
Cognizant stated in the statement that it would release fourth-quarter 2022 results after the markets close on February 2, 2023.
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