TCS Appoints an Independent Director
Appointment Expands Tata Consultancy Services’ Board to Eleven Directors, with Seven Independent Directors
MUMBAI, January 10, 2019: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, today announced that it has appointed Daniel Hughes Callahan (a.k.a Don Callahan) as Additional and Independent Director for a period of 5 years with effect from January 10, 2019, based on the recommendations of the Nomination and Remuneration Committee, and subject to approval of shareholders.
Daniel Callahan is a transformative leader with broad experience in driving strategic change across large global organizations, and dealing with multiple stakeholders in local and national governments and regulatory bodies. He was the Chief Administrative Officer and Head of Operations and Technology at Citigroup and was a member of Citi's Operating Committee until November 2018. He played an important role in transforming Citigroup’s Operations and Technology from a loose federation of independent and dispersed entities into a lean, globally integrated enterprise. Prior to joining Citi in 2007, he held senior level positions in IBM Japan, Morgan Stanley, and Credit Suisse.
Mr. Callahan is actively involved in several community organizations like the board of Sheltered Harbor, Board of Trustees at Manhattanville College, and also serves on the board of the American Red Cross in Greater New York, the New York Hall of Science. He is a member of the Gaelic-American Club in Fairfield, CT, Business Committee of Metropolitan Museum of Art and is a Fellow at the Foreign Policy Association and the NYC Mayor’s Carbon Challenge. Born in 1956, he holds a BA Degree from Manhattanville College.
N Chandrasekaran, Chairman of the Board of Directors, TCS, said, “It gives me great pleasure to welcome Don Callahan to our Board. Don’s depth in the financial services industry and extensive experience in overseeing global technology and business operations will greatly benefit TCS.”
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 417,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion in the fiscal year ended March 31, 2018, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
To stay up-to-date on TCS global news, follow @TCS_News.
TCS Media Contacts
Phone: +91 22 6778 9999
Phone: +91 22 6778 9999