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Tata Consultancy Services’ outgoing CEO Rajesh Gopinathan penned an emotional note to employees as he prepares to step down from his position on May 31, after being at it for six years. In a note shared on May 29, the CEO penned some of the keys points during his tenure. He mentioned that the company has seen a rise of $10.4 billion and returned $27.3 billion to shareholders throughs dividends and buybacks.
Gopinathan reflected on his 22 years of service in TCS and stated that the company best years are ahead of it as he steps down as CEO and hands over the baton to K Krithivasan on June 1.
“I wish Krithi the very best as he takes over the TCS baton and charts the way forward to our $50 billion aspiration, I am confident that TCS’s best years are ahead and I look forward to cheering all of you and your continued success from outside,” read the letter.
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Further ahead in the letter, the outgoing CEO mentioned that they have set the gold standard in the industry for financial performance it was the company’s “operational rigor, strategic transformation, innovation, and profitable growth,” which has helped the company climb up from $17.5 billion in March 2017 to $27.9 billion in March 2023, in terms of its revenue.
