 "MindTree Elects Dr. Albert Hieronimus As Chairman")
MindTree Limited, an IT Solutions and Product Engineering Services Company, has announced the election of Dr. Albert Hieronimus as the new Chairman of its Board of Directors w.e.f. April 1, 2011.
In a career spanning over 30 years, Dr. Hieronimus has handled key international assignments in sales, finance and planning to management accounting, human resources, development and information processing. He has worked and lived in India where he was the Managing Director of Bosch Ltd (previously known as Motor Industries Co Ltd) from 2003 till 2008. He is currently the Chairman of Bosch Ltd. He was also the Chairman of the Executive Board at Bosch Rexroth AG, Germany till June 2010 and is currently a member of the Supervisory Board of Bosch Rexroth AG. Dr. Hieronimus earned a diploma in mathematics and doctorate in business and social sciences at the University of Cologne, Germany.
Dr. Hieronimus has been closely associated with MindTree’s business, having served as an independent director since 2006. He is a member of the Strategic Initiatives Committee and the Audit Committee and chairman of the Investor Grievances Committee of the Board apart from being the Lead Independent Director.
Krishnakumar Natarajan, CEO & MD, MindTree Limited said, “In line with good governance practices, we are segregating the roles of the Chairman of the Board and the company’s CEO & MD.”
“MindTree is fortunate to have Albert in its journey ahead. He is a businessman of international stature. We will work together very effectively to take MindTree to greater heights and make it a truly memorable company,” added Natarajan.
“I have worked closely with MindTree for many years now and feel very proud of the culture & values that define MindTree. MindTree has an exciting future ahead and I look forward to helping the management to take MindTree to greater heights,” said Dr. Hieronimus.
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