Genpact Limited Stock Price, News & Analysis

Genpact has appointed Michael Weiner as its new Senior Vice President and Chief Financial Officer, effective August 10, 2021. Weiner succeeds Edward Fitzpatrick, who has served as CFO since 2014 and will transition to a Senior Vice President and Senior Client Advisor role. Weiner previously held the position of CFO at National General Holdings Corp. until its acquisition by Allstate in January 2021. The leadership change is expected to support Genpact's strategic growth agenda as stated by CEO N.V. 'Tiger' Tyagarajan.

Genpact (NYSE: G) announced its collaboration with the Not Impossible Foundation and Bento to enhance food security in America, particularly during the pandemic. The initiative aims to serve one million meals monthly by linking donors and communities through technology. Currently operational in seven cities, plans for expansion to four others are underway. This experience will also gain visibility at the 2021 ABB New York City E-Prix with the Not Impossible Bento logo on race cars, leveraging media exposure to raise awareness about food insecurity.

On July 6, 2021, Genpact (NYSE: G) was recognized as a leader in the Everest Group PEAK Matrix® for Trust and Safety – Content Moderation Service Providers 2021 report. The evaluation assessed 18 companies based on vision, strategy, scope of services, and innovation. Genpact's comprehensive approach to content moderation—including advanced AI tools and a Global Command Center—was highlighted. The firm successfully implemented over 10 major policy improvements for a social media client, demonstrating its capability to enhance user safety and manage reputational risks effectively.

Genpact (NYSE: G) is expanding its operations in Germany to address increasing client demands for digital transformation services in various sectors including supply chain management, finance, and analytics. The German market represents a significant opportunity, with enterprises expected to invest $45-$55 billion in digital transformation. This expansion builds on Genpact's 2018 acquisition of Barkawi Management Consultants, enhancing its supply chain capabilities. The company aims to aid German clients in driving productivity and growth amidst post-COVID recovery.

Genpact (NYSE: G) will announce its second-quarter earnings after U.S. market close on August 5, 2021. The management will host a conference call at 4:30 p.m. ET to discuss performance. Investors can join the call by dialling +1 (877) 654-0173 within the U.S. or +1 (281) 973-6289 internationally, using conference ID 7257488. A live webcast will be accessible on the Genpact Investor Relations website, with a replay available post-call.

Genpact (NYSE: G) announces its CFO, Ed Fitzpatrick, will join a virtual fireside chat at William Blair's 41st Annual Growth Conference on June 9, 2021, starting at 10:15 a.m. Eastern Time. The session will last approximately 30 minutes. Investors and the public can access a live audio webcast and a replay for 30 days on the Genpact Investor Relations website. Genpact is a global professional services firm focused on digital transformation and intelligent operations.

Genpact (NYSE: G), a leader in digital transformation, has been awarded the 2021 CSO50 Award by IDG's CSO for its outstanding secure work-from-home practices. This marks the fifth consecutive year Genpact has received this recognition. Amidst the pandemic, Genpact swiftly transitioned over 90,000 employees to a remote work model while ensuring robust cybersecurity measures. The award emphasizes Genpact's commitment to security and its responsive strategies in an evolving workplace landscape. The CSO50 Awards will be presented at the CSO50 Conference on November 16-18, 2021.

Genpact (NYSE: G) will participate in a virtual fireside chat at William Blair's 41st Annual Growth Conference on June 2, 2021. The chat, featuring CEO 'Tiger' Tyagarajan and CFO Ed Fitzpatrick, starts at 9:00 a.m. Eastern Time and lasts for about 30 minutes. Investors can access a live audio webcast on their Investor Relations website, which will be available for 30 days post-event. Genpact is a professional services firm focused on business transformation, leveraging digital innovation and intelligent operations for its clients.

Genpact's recent study, announced at the MIT Sloan CIO Symposium, reveals that 68% of CIOs feel unprepared for major business disruptions, while only 44% feel equipped to support post-pandemic growth. The research identifies three CIO archetypes: pilots (22%), co-pilots (61%), and engineers (17%). Successful CIOs must influence CEO agendas and be data-driven, with 98% agreeing on the importance of making data-driven decisions. Interestingly, 41% of CIOs prioritize employee wellbeing, yet HR technology investment lags, highlighting a potential disconnect in addressing employee needs in remote work environments.