Cyient CEO: Cyient CEO Karthikeyan Natarajan quits after poor Q3 profit

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Cyient’s chief executive officer and executive director Karthikeyan Natarajan resigned as the engineering and IT services company reported a sharp drop in quarterly net profit, causing its shares to plummet more than 20% on Friday.In his resignation letter, Natarajan said he quit to explore new challenges and opportunities that align with his personal and professional goals.

After more than 21 years at Tech Mahindra, Karthikeyan joined Cyient as the chief operating officer in March 2020, presiding over some key changes in the company as it…



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Cyient CEO: Cyient CEO Karthikeyan Natarajan quits after poor Q3 profit


Cyient’s chief executive officer and executive director Karthikeyan Natarajan resigned as the engineering and IT services company reported a sharp drop in quarterly net profit, causing its shares to plummet more than 20% on Friday.In his resignation letter, Natarajan said he quit to explore new challenges and opportunities that align with his personal and professional goals.

After more than 21 years at Tech Mahindra, Karthikeyan joined Cyient as the chief operating officer in March 2020, presiding over some key changes in the company as it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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