He will advise HCL Corporation on key strategic issues and work with the Board of HCL Technologies on initiatives like driving a high performance culture amongst senior managers and new strategies for growth.
"Vineet has been a friend and a colleague for over two decades now. His bold ideas and passion for the organisation, has inspired many others to think and dream big. "His contribution to HCL and the Board has been a benchmark for others to follow and we all are very proud of
him," HCL Technologies Chief Strategy Officer and Chairman Shiv Nadar said.
More than two decades after joining HCL Technologies, Nayar stepped down from the post of CEO in January this year to make way for the next generation of leaders to steer the company.
He, however, continued to work as Vice-Chairman and Joint Managing Director of the company.
"I am grateful to Shiv, Board Members and the employees of HCL Technologies, for giving me an opportunity to dream, learn, explore and experiment along with them. There are very few organisations where one could rise up the ranks and become the CEO and Vice Chairman," Nayar said.
Nayar had sold his entire stock holding in HCL Technologies for about Rs 134 crore in June 2012 and used the money for his non-profit organisation Sampark.
"As I pursue my dream, of creating a 'Million Smiles' through Sampark Foundation, I carry with me goodwill, best wishes and lots of learning," he said. Nayar had joined HCL in 1985 after getting his MBA from XLRI. He founded Comnet, where he incubated the remote infrastructure management (RIM) industry in 1993.
He is known for his 'employees first, customers second' philosophy, which became a core of HCL Technologies' policies and practices.
In 2005, Nayar became President of the company and it was under his leadership that the company expanded to become an USD 4 billion entity employing over 87,000 people across the globe.
HCL Tech stock price
On December 27, 2013, HCL Technologies closed at Rs 1249.30, up Rs 3.10, or 0.25 percent. The 52-week high of the share was Rs 1261.40 and the 52-week low was Rs 615.30.
The company's trailing 12-month (TTM) EPS was at Rs 61.47 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 20.32. The latest book value of the company is Rs 146.43 per share. At current value, the price-to-book value of the company is 8.53.
Anda sedang membaca artikel tentang
Vineet Nayar steps down from HCL Tech Board
Dengan url
http://gayafashionshow.blogspot.com/2013/12/vineet-nayar-steps-down-from-hcl-tech_29.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Vineet Nayar steps down from HCL Tech Board
namun jangan lupa untuk meletakkan link
Vineet Nayar steps down from HCL Tech Board
sebagai sumbernya
0 komentar:
Posting Komentar