Intelligroup
Announces Appointment of Vikram
Gulati As Chief Executive Officer
and President
EDISON, N.J., April 4, 2005/PRNewswire-FirstCall/
-- Intelligroup, Inc., a global
provider of strategic IT outsourcing
services (the “Company”),
today announced that Vikram
Gulati has been appointed as
the Chief Executive Officer
and President of Intelligroup
and has also been appointed
to the Company’s Board
of Directors. Arjun Valluri
will no longer serve as the
Company’s Chief Executive
Officer, President and Chairman
of the Board. The role of Chairman
of the Company’s Board
will remain open pending a review
by the Company’s Board.
Mr. Gulati brings to Intelligroup
over 17 years of experience
in the industry having held
several positions with Wipro
Ltd. including, most recently,
as the head of Wipro’s
global Enterprise Application
Solutions group where he was
responsible for growing Wipro’s
worldwide ERP practice from
an annualized business of $20
million in revenue to $160 million
in revenue over four years,
delivered by 2700 professionals
across 16 countries.
“On behalf of the Intelligroup
Board, we are pleased that Mr.
Gulati has accepted this role”,
said Ravi Adusumalli, Director.
“After a careful search,
we are confident that we have
found a talented and proven
leader who will help build upon
the foundation of the Company
and harness its potential for
future success.” Mr. Adusumalli
continued, “At the same
time, the Intelligroup Board
thanks Arjun Valluri for his
many years of leadership”.
After appointment, Mr. Gulati
noted “I am excited to
take this key role with Intelligroup.
Intelligroup has a strong entrepreneurial
spirit and committed employees
who have provided significant
value to its customers over
the years. I am eager to work
with the Intelligroup team to
refocus our energies on renewing
the Company’s growth and
capitalizing on our substantial
market potential. With a new
Board of Directors and dedicated
shareholders, I believe we have
the tools and resources to achieve
our collective aspirations”.
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