Analysis
MindTree’s Board of Directors elects Dr Albert Hieronimus as its new Chairman
Global IT Solutions and Product Engineering Services Company MindTree has announced the election of Dr Albert Hieronimus as the new Chairman of its Board of Directors with effect from 1 April 2011.
In aDr. Hieronimus has been closely associated with MindTree’s business, having served as an independent director since 2006. He is a member of the Strategic Initiatives Committee and the Audit Committee and chairman of the Investor Grievances Committee of the Board apart from being the Lead Independent Director.
Krishnakumar Natarajan, CEO & MD, MindTree Limited said, “In line with good governance practices, we are segregating the roles of the Chairman of the Board and the company’s CEO and MD.” He adds, “MindTree is fortunate to have Albert in its journey ahead. He is a businessman of international stature. We will work together very effectively to take MindTree to greater heights and make it a truly memorable company.”
“I have worked closely with MindTree for many years now and feel very proud of the culture & values that define MindTree. MindTree has an exciting future ahead and I look forward to helping the management to take MindTree to greater heights,” said Dr Hieronimus.