Ravi Kumar S. has been appointed to the position of chief executive officer and board member of Cognizant Technology Solutions Corp., starting immediately. He will succeed Brian Humphries in both roles.
Up until October, Kumar handed in his resignation from Infosys and accepted a position as the president of Cognizant Americas. At the time, a number of experts theorised that he would soon be promoted to the position of CEO. According to a statement released by Cognizant, Humphries will continue in his role as a special adviser until March 15 in order to help ensure a smooth transition. After serving in that capacity for the previous four years, he handed in his resignation as CEO earlier this month.
Kumar worked with Infosys for a total of twenty years, during which time he held a variety of leadership responsibilities, the most recent of which was that of president, a position he held from January 2016 to October 2022, at India’s second-largest IT business in terms of sales. In addition to that, he was a board member for both TransUnion and the software services provider Digimarc Corp. He earned his bachelor’s degree in engineering from Shivaji University in Maharashtra and his master’s degree in business administration (MBA) from the Xavier Institute of Management. Both of these degrees are from India.
“Cognizant is well-positioned for growth, and I’m excited to unlock the company’s significant potential for our employees, clients, investors, and other stakeholders,” Kumar said.
Kumar will be replaced as president of the Americas by Surya Gummadi, who has worked for the company for the past 24 years. Between the months of July and October, Gummadi served as the role’s temporary holder before Kumar took over permanently.
In addition, the company stated that Stephen J. Rohleder, who has been a member of the board of directors of Cognizant since March, has been chosen for the position of chair of the board. In March, Rohleder became a member of the board.
Cognizant is scheduled to release its earnings report for the December quarter on February 2nd. The company has stated that it anticipates revenue for the fourth quarter and annual revenue of approximately $4.8 billion and $19.4 billion, respectively. This compares to the company’s previous expectations of $4.72 to $4.77 billion for the fourth quarter and $19.3 billion for the full year.