Mphasis CFO Ganesh Murthy resigns
Mid-sized software services firm Mphasis Ltd has named V. Suryanarayanan as its interim finance chief, after chief financial officer (CFO) Ganesh Murthy resigned to pursue other opportunities, the Bangalore-based firm said. Murthy’s resignation comes at a time when Mphasis, which counts Hewlett Packard Co. (HP) as its biggest customer, is struggling to expand its revenue from non-HP customer accounts amid declining orders from the parent company. HP currently owns about 60% in Mphasis.
Mid-sized software services firm Mphasis Ltd has named V. Suryanarayanan as its interim finance chief, after chief financial officer (CFO) Ganesh Murthy resigned to pursue other opportunities, the Bangalore-based firm said. Murthy’s resignation comes at a time when Mphasis, which counts Hewlett Packard Co. (HP) as its biggest customer, is struggling to expand its revenue from non-HP customer accounts amid declining orders from the parent company. HP currently owns about 60% in Mphasis.
Read the Live Mint news report here.