IT predominant Cognizant last week introduced the appointment of former Infosys President Ravi Kumar S. as CEO and a member of the Board, effective immediately.
Kumar succeeds Brian Humphries in both roles. To facilitate a easy transition, Humphries will continue to be with the corporation as a unique consultant till March 15, the corporation said in a statement.
If reports are to be believed, he's predicted to earn extra than Mukesh Ambani--- India's wealthiest man, and the third richest globally.
Reports in leading portals claimed that Kumar has been offered a whopping Rs fifty seven crore per annum package at Cognizant, this means that that he may be receiving four times what Ambani become incomes at Rs 15 crore a year as of 2020.
Moreover, Kumar will also acquire a becoming a member of bonus of 7,50,000 dollars that is round Rs 6 crore in Indian rupees.
his annual compensation is USD 7 million ( fifty seven crore) , which includes USD 1 million base salary.
Kumar joins Cognizant after a 20-year career at Infosys, wherein he held numerous management roles, maximum these days serving as President from January 2016 until October 2022.
At Infosys, Kumar led the Global Services Organisation throughout all international enterprise segments, using virtual transformation services, consulting services, generation services, engineering services,
He has over 20 years of experience in the technology consulting space, incubating new practice lines