LTIMindtree Chairman A M Naik Steps Down, S N Subrahmanyan Appointed
By Rediff Money Desk, New Delhi Jun 26, 2024 16:07
A M Naik steps down as chairman of LTIMindtree, handing over the reins to S N Subrahmanyan, the company's Vice-Chairman. Learn more about the leadership change.
![LTIMindtree Chairman A M Naik Steps Down, S N Subrahmanyan Appointed](https://im.rediff.com/money/2023/jul/26ltimindtree.jpg)
New Delhi, Jun 26 (PTI) IT company LTIMindtree on Wednesday said its chairman A M Naik has decided to step down from the post and announced the appointment of S N Subrahmanyan as the new chairman.
Naik announced the decision at the company's 28th Annual General Meeting held on Wednesday.
Following this, the board of the company has appointed S N Subrahmanyan, (Vice-Chairman), as Chairman with effect from June 27, 2024, according to a regulatory filing.
"The Board of Directors and the LTIMindtree family places on record, a deep sense of appreciation for Naik's remarkable efforts in founding this company and his unwavering dedication towards building this information technology giant within the L&T group..." the filing said.
"I feel privileged to have not only led such a great organisation but also laid the foundation for future growth and success," Naik said.
Naik announced the decision at the company's 28th Annual General Meeting held on Wednesday.
Following this, the board of the company has appointed S N Subrahmanyan, (Vice-Chairman), as Chairman with effect from June 27, 2024, according to a regulatory filing.
"The Board of Directors and the LTIMindtree family places on record, a deep sense of appreciation for Naik's remarkable efforts in founding this company and his unwavering dedication towards building this information technology giant within the L&T group..." the filing said.
"I feel privileged to have not only led such a great organisation but also laid the foundation for future growth and success," Naik said.
Source: PTI
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