Thursday, January 29, 2009

The new CEO of Satyam


PC Gupta in an interview with Karan Thapar on CNBC confirmed that the CEO of Satyam has been appointed but refused to divulge details on the person excepting giving hints on the profile.

He hinted that the new CEO wasnt from an IT industry but belonged to an Indian Multinational.

Sources have indicated that Homi R. Khusrokhan (ED at Tata Chemicals) may be appointed the CEO of Satyam.

Mr. Khusrokhan has been Managing Director of Tata Chemicals Ltd. since October 16, 2006 and has served as Managing Director of Tata Tea Limited from 2001 to 2004, where he strived to build brands like Tata Tea, Agni and Tetley and played a key role in Tata Tea's growth, both in the domestic and international markets. Prior to the Tata clan, Mr. Khusrokhan was with Glaxo Laboratories (India) Limited for around 29 years and retired as Managing Director in 2000.

Mr. Khusrokhan is a Chartered Accountant (an ex articles of AF Ferguson & Co, Mumbai) with a Masters Degree in Economics from London School of Economics and Political Science.

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