Cognizant India managing director Ramkumar Ramamoorthy on Thursday announced his decision to resign from the company, citing personal reasons, putting an end to over 22 years of service at the Teaneck, New Jersey headquartered firm.
“I am yet to decide on anything. Wanted to take a month's break and decide. Would be open to good ideas. But my base will continue to be Chennai because of aged parents and some other family commitments,” Ramamoorthy told TechCircle.
Separately, in a LinkedIn post, the senior executive said that he felt a strong desire to double down on an abiding passion and first calling of educating, skilling and mentoring entrepreneurs.
Cognizant did not respond to TechCircle’s request for comment on Ramamoorthy’s replacement plans at the company.
Additionally, the company’s global delivery head Pradeep Shilige will also step down from his role, multiple media reports said, citing an internal memo from CEO Brian Humphries.
Andy Stafford, an industry veteran from Accenture, will replace Shilige, the email to employees from Humphries reportedly said.
While Ramamoorthy will serve his last day on July 17, Shilige will exit the company on September 30.
The company’s chief operating officer Srinivasan Veeraraghavachary is also reportedly set to step down from his post in August, following a series of senior executive exits from the company since Humphries took charge in 2019.
The top-rung exits come at a time when major information technology services companies, including Cognizant, are decked up to report financials for the April to June quarter.
Cognizant runs a sizable operation in India, with about 2,00,000 employees, a majority of whom are based in Chennai. The company reportedly let go of 400 mid-level to senior level executives recently.