Cognizant appoints Brian Humphries as CEO effective from April 1 2019

Cognizant appoints Brian Humphries as CEO effective from April 1, 2019

Cognizant announced today that the board of directors has named Brian Humphries as its new CEO. This appointments will effective from April 1, 2019.

Brian Humphries is currently the CEO of Vodafone Business. He will succeed the current CEO Francisco D'Souza.

Francisco D'Souza, who co-founded Cognizant and has been CEO since 2007, will serve as full-time Executive Vice Chairman to help the transition until June 30. Post that, he will stay on the board as Vice Chairman.

The Cognizant also announced that the President Rajeev Mehta will step down effective on April 1, 2019. He will serve as an adviser to the new CEO till May 1, 2019.

"While I have enjoyed serving as CEO, I believe that this is the right time for me to step down and for the company to name a new leader to build on the strong foundations we have created and take Cognizant into the future", Francisco D'Souza said in the statement. 

Michael Patsalos-Fox, Cognizant's Chairman of the Board said in a statement, "Our industry is entering a dynamic new growth stage. Brian is a broadly experienced technology executive with a track record of driving enterprise-wide transformation through focused execution, often in challenging and highly competitive market segments. Brian brings a global perspective and a keen knowledge of our businesses and the technologies with which we innovate. We are confident he has the ideas, energy, ambition and insights to extend the remarkable track record of success under Frank's leadership".