TEANECK, N.J., Feb. 8, 2012 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced the expansion of its executive management team to support the ongoing growth of the business.
The following promotions have been approved by Cognizant's Board of Directors and are effective immediately:
- Gordon Coburn has been promoted to President
- Rajeev Mehta has been promoted to Group Chief Executive – Industries and Markets
- Chandra Sekaran has been promoted to Group Chief Executive – Technology and Operations
- Karen McLoughlin has been promoted to Chief Financial Officer
- Malcolm Frank has been promoted to Executive Vice President, Strategy and Marketing
"The expansion of our management team reflects the next step in our strategy of driving industry-leading growth within our core business while simultaneously investing in our next generation of service offerings," said Francisco D'Souza, Chief Executive Officer of Cognizant. "I will continue to lead Cognizant's overall strategy and direction while focusing my efforts on developing new services in emerging areas that offer significant long-term growth opportunities." Mr. D'Souza continued, "The individuals who have been promoted today are Cognizant veterans who have played integral roles in building our company over many years. I congratulate each of them for their many accomplishments and look forward to working with them as we continue to execute on our strategy."
Cognizant's expanded management team consists of seasoned technology industry veterans with significant experience within Cognizant.
Mr. Coburn joined Cognizant in 1996, served as Chief Financial Officer since 1998 and as Chief Financial and Operating Officer since 2007. In his new role, Mr. Coburn will manage Cognizant's overall P&L. Mr. Coburn has a Bachelor's degree from Wesleyan University and an MBA from the Tuck School at Dartmouth College.
Mr. Mehta joined Cognizant in 1997 and has played a number of roles building and leading its client facing organization, most recently serving as Chief Operating Officer, Global Client Services. In his new role, Mr. Mehta is responsible for leading Cognizant's industry vertical and geographic market operations on a global basis. Mr. Mehta has a Bachelor's degree from the University of Maryland and an MBA from Carnegie Mellon University.