Rajesh Nambiar, executive vice-president and president, digital business and technology at Cognizant has ceased to serve in the position, the Nasdaq-listed IT services firm stated in a recent filing.
Following the move, effective July 6, 2022, Nambiar is no longer an executive officer of the company, according to the filing with the Securities and Exchange Commission (SEC). He would continue to serve as executive vice-president, chairman and managing director of Cognizant India.
His compensation in such a role will be commensurate with compensation within the organisation for officers who are not executive officers.
The company also stated that this move