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Top executives vow to stay: Satyam

BS Reporter in Hyderabad | January 09, 2009 09:43 IST
Last Updated: January 09, 2009 09:55 IST


The beleaguered Satyam Computer Services [Get Quote] on Thursday said its top leaders have pledged to remain with the company and work jointly to steer the organisation through the crisis.

Ten of the most senior executives of Satyam, including interim CEO Ram Mynampati, gathered at its headquarters in Hyderabad, and collectively committed not to resign from the company which has approximately 53,000 associates. Approximately 40 other top managers from various geographical regions, known as the leadership council, have also given their commitment to stay with the company.

The top 10 leaders include Ram Mynampati, interim CEO; Subu D Subramanian, head (manufacturing and automotive); TR Anand, head (telecommunications, infrastructure, media & entertainment and semiconductors); Keshab Panda, head (Europe, energy and utilities); Virender Aggarwal, head (Asia-Pacific, India,West Asia, Africa); Manish Mehta, head (SAP and testing practices); AS Murthy, head (global delivery and global leadership development); Murali Venkataramani, head (commercial); Hari Thalapalli, head (marketing) and SV Krishnan, head (human resources).

"The pledges of commitment from these leaders, coming hours after disclosures and the resignation of Raju, underscore the unity and determination of the Satyam leadership to steer the company through this crisis," the leaders said in a joint statement today.

                                   The Satyam fiasco: Complete Coverage



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