CURRENT AFFAIRS

Detailed explanation-1: -Ravi Kumar S is appointed as the new Chief Executive Officer (CEO) of IT giant Cognizant, replacing Brian Humphries. Get the latest General Knowledge and Current Affairs from all over India and world for all competitive exams.

Detailed explanation-2: -Ravi Kumar S, the new CEO of Cognizant, will be paid Rs 6 crore as sign-on bonus, which will be a part of his yearly compensation of Rs 57 crore. His basic salary will be about $1 million, that is, about Rs 8,13,57,500.

Detailed explanation-3: -Ravi Kumar was appointed Chief Executive Officer of Cognizant in January 2023. In his role as CEO, Ravi sets the strategic direction of the company, promotes Cognizant’s client-first culture, and focuses on ensuring sustainable growth and driving long-term shareholder value.

Detailed explanation-4: -Infosys veteran Ravi Kumar succeeds Brian Humphries as CEO of Cognizant. Cognizant on Thursday said it has named Ravi Kumar S as CEO and a member of the Board, effective immediately. Kumar succeeds Brian Humphries in both roles.