Rajesh Gopinathan on Wednesday stepped down from his position as the CEO and managing director of Tata Consultancy Services (TCS). He will be succeeded by K. Krithivasan.
Gopinathan will continue with the company till September 15 to provide transition and support to Krithivasan. It was in March that TCS had announced the resignation of Gopinathan, who was elevated to the role of CEO in February 2017 after serving as the chief financial officer since 2013.
In an email written to TCS employees, Gopinathan said that the company witnessed a period of strong growth and transformation in the last six years. “This week marks the culmination of my two-decade long journey with TCS. I will step down from my role as CEO & MD on 31 May, 2023. It has been an absolute privilege to lead our company in the last six years, which have been a period of tremendous growth and transformation for all of us,” he said.
Welcoming his successor, Gopinathan said, “I wish Krithi the very best as he takes over the TCS baton and charts the way forward to our $50 billion aspiration. I am confident that TCS’ best years are ahead, and I look forward to cheering all of you and your continued success from outside,” he said. TCS has set a target of reaching revenue of $50 billion by 2030. TCS had posted revenues of $27.93 billion in the year ended March 31, 2023.