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    We need a mix of veterans, newbies with fresh ideas: Brian Humphries, CEO, Cognizant

    The executive committee -- the people who directly report to me -- is essentially stable now. We're hiring somebody senior, who will be based in India and will report directly to me.

    Synopsis

    "We're very focused on returning Cognizant to be the IT services industry bellwether. To achieve this, we need a combination of long-time Cognizant veterans as well as newcomers with fresh perspectives, new energy," he said.

    Cognizant reported a 29 per cent decline in profit and 3.4 per cent dip in revenue. Margins fell to 11.7 per cent as it exited the Facebook content business and hurt by the Maze ransomware attack. The Teaneck, New Jersey-based IT firm has forecast revenue slippage by 0.5-2 per cent this year. Chief financial officer Karen McLoughlin is quitting the company, joining several other senior level exits. CEO Brian Humphries told ET that the leadership
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    The Economic Times