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Hexaware revamps board, expands senior role to drive North America growth

Story Highlights
  • Hexaware appointed Alok Chandra Misra as independent director and key board committee member.
  • The company accepted Vivek Sharma’s resignation and expanded Shantanu Baruah’s role to lead North America growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hexaware revamps board, expands senior role to drive North America growth

Meet Samuel – Your Personal Investing Prophet

Hexaware Technologies Limited ( (IN:HEXT) ) has provided an update.

Hexaware Technologies has reshaped its board and senior management structure, appointing Alok Chandra Misra as an additional non-executive independent director for a three-year term, subject to shareholder approval. Misra will also join key board committees including audit, nomination and remuneration, risk management, ESG and cybersecurity, reinforcing Hexaware’s governance, oversight and risk frameworks.

Independent director Vivek Sharma has resigned from the board due to other professional commitments, and will step down from the stakeholders relationship and corporate social responsibility committees, with no additional material reasons cited. In a parallel move underscoring Hexaware’s growth ambitions in its core markets, the company has expanded the responsibilities of Shantanu Baruah, President and Global Head of the Healthcare & Insurance vertical, to include the role of North America Hunting Head, sharpening its focus on business development and client acquisition in the region.

More about Hexaware Technologies Limited

Hexaware Technologies Limited is an India-based IT services and consulting company that provides technology, business process, and digital transformation solutions to global clients. The firm focuses on sectors such as healthcare and insurance, and has a strong presence in key markets including North America, where it is seeking to deepen client acquisition and growth initiatives.

Average Trading Volume: 87,166

Technical Sentiment Signal: Strong Sell

Current Market Cap: 349.3B INR

For an in-depth examination of HEXT stock, go to TipRanks’ Overview page.

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