Genpact Appoints Nick Gangestad to Board of Directors
Rhea-AI Summary
Genpact (NYSE: G) has appointed Nicholas "Nick" Gangestad to its Board of Directors, effective August 12th, 2024. Gangestad, currently the Senior Vice President and Chief Financial Officer at Rockwell Automation, will serve on Genpact's Board's Audit Committee. With over 30 years of finance and business expertise, Gangestad brings valuable insights to Genpact's board, particularly in finance and financial operations. Prior to his role at Rockwell Automation, he served as the Chief Financial Officer at 3M. Genpact's Chairman, Jim Madden, and President and CEO, Balkrishan "BK" Kalra, expressed enthusiasm about Gangestad's appointment, highlighting his expertise in finance and its potential to enhance the company's capabilities in serving clients.
Positive
- Appointment of a highly experienced financial executive to the Board of Directors
- Addition of valuable expertise in finance and financial operations to the Board
- Potential for enhanced insights into CFO and finance team challenges
- Strengthening of the Board's Audit Committee
Negative
- None.
News Market Reaction – G
On the day this news was published, G declined 0.46%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Nick's deep expertise in finance and financial operations will not only provide additional insights to our Board, but will also give us valuable, first-hand perspectives on the challenges today's CFOs and finance teams face," said Jim Madden, Chairman of the Board, Genpact. "We're excited to have Nick join our board, and we look forward to his many contributions."
Gangestad brings more than 30 years of finance and business expertise to Genpact's Board. In his current role, he is responsible for all aspects of financial management for Rockwell Automation, Inc. (NYSE:ROK), the world's largest company dedicated to industrial automation. Prior to joining Rockwell, Nick served as the Chief Financial Officer at 3M, where he oversaw the financial organization, including compliance, financial planning, treasury, and tax.
"Genpact is well known for our domain expertise across Finance and Accounting, and we see numerous emerging opportunities to harness the power of technology to drive outsized value for our clients," said Balkrishan "BK" Kalra, President and CEO, Genpact. "Nick's impressive track record of leading financial organizations, coupled with his extensive experience in operations, will enhance our Board's expertise. We are confident he will be a great asset to the company."
Gangestad received an undergraduate degree from Augsburg University in
About Genpact
Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
MEDIA CONTACT:
Siya Belliappa
Genpact Media Relations
+1 7185619843
Siya.belliappa@genpact.com
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SOURCE Genpact Ltd.
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