Home > Random Thoughts > Satyam Gets a New CEO

Satyam Gets a New CEO

Satyam finally announced a new CEO. A.S Murthy (ASM) has taken over the reins of the company which has in the recent past found itself in more trouble than what it could have handle. Though the announcement came in almost a month after the grand exit by the ex-chairman of the company, it looks like a welcome move. Along with ASM, Mr. Homi Khusrokhan (ex-MD of Tata Chemicals) and Mr. Partho Datta (ex-Group Director Finance and member of the Group Supervisory Board of the Murugappa Group) have been appointed as Special Advisors to Board in the areas of Management and finance.

I feel that the board has done a wise job with this selection. The two well known faces will be ideal advisers to the new CEO. ASM, who already is well aware of the organization, will be the best person to implement these suggestions. I hope that this mentor and executor pair can bring back to its glory days.

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