News: Mphasis CFO Ganesh Murthy resigns

C-Suite

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.

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Topics: C-Suite, #Corporate, #Current

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