TechM's Sanjay Kalra quits

TechM's Sanjay Kalra quitsWhile the move comes as a big surprise to many, Tech Mahindra's CEO, Sanjay Kalra has recently put in his papers after being with the top management of the company for a span of last six years.

As Kalra has moved on, it will be now the vice-chairman of the company, Vineet Nayyar, who will take charge and take over the operational responsibilities.

It is to be mentioned here that Nayyar was expected to retire last year but the veteran decided to stay back and gave another extension to his term. It may be noted here that Kalra's exit comes at a crucial time- when Tech Mahindra is planning a merger with the sister concern – Mahindra Satyam.

After the merger, the accounts of both the firms will be merged together. There is no denying to the fact that Sanjay has been an integral part of the Tech Mahindra success and with him quitting, the company may face a minor shake up in its journey. Tech Mahindra, Chairman, Anand Mahindra said that Sanjay has been a very key player in the growth of TechM.