Brian Humphries Biography
Brian Humphries is the new CEO of Vodafone Business. Cognizant Names Brian Humphries As CEO on January 6, 2019, Succeeding Company Co-Founder Francisco D’Souza.
Brian Humphries Vodafone CEO | Brian Humphries Cognizant
Cognizant (CTSH), a provider of information technology, consulting and business process services, announced that it has appointed Humphries, currently the Chief Executive Officer of Vodafone Business, as its Chief Executive Officer and a member of the Board of Directors. His appointments will be effective April 1, 2019.
Following Humphries’ appointment, Francisco D’Souza, who co-founded Cognizant and has served as CEO since 2007, will serve as full-time Executive Vice Chairman to facilitate the transition through June 30, 2019. Thereafter, he will remain on the Board as Vice Chairman.
Brian Humphries Dell
Before joining Vodafone, Humphries worked at Dell where he most recently held the position of President and Chief Operating Officer of its Infrastructure Solutions Group, based in Boston and Geneva. Previously, Humphries was President of Dell’s Global Enterprise Solutions, a group with approximately $15 billion in revenue, and before that he was Vice President and General Manager, EMEA Enterprise Solutions.
Brian Humphries Hewlett-Packard
Before joining Dell, Humphries was with Hewlett-Packard where his roles included Senior Vice President, Emerging Markets; Senior Vice President, Strategy and Corporate Development; and Chief of Staff to the Chairman and Chief Executive.
Brian Humphries HP
Humphries also served as Chief Financial Officer of HP Services. In 2011, HP appointed Humphries to lead the company’s strategy for accelerating revenue opportunities in the world’s fastest growing economies.
Brian Humphries Education
Humphries is a graduate of the University of Ulster.
Brian Humphries Age
Humphries likes to keep his private life away from the public hence he has never revealed his date of birth or when he celebrates his birthday.
Brian Humphries Family | Brian Humphries Wife
Humphries likes to keep his personal life private hence there is no any news or information about his family, wife or whether he has any children.
Brian Humphries Salary
Humphries will be the highest-paid among Indian IT firms’ CEOs. IT services major Cognizant’s newly-appointed CEO Brian Humphries can potentially earn up to Rs 44 crore per annum, including Rs 23 crore towards salary compensation. Humphries will also get Rs 56 crore ($8 million) towards stock units in tranches over four years which is linked to his performance and Rs 28 crore ($4 million) as sign-in bonus.
Humphries, slated to join the Nasdaq-listed firm April 1, will also receive restricted stock units of $3 million (Rs 21 crore) within one month of joining.
Brian Humphries News
Cognizant CEO plans surgical strike with job cuts by October
Cognizant could see a slew of job cuts as early as end-October, CEO Brian Humphries indicated at an investor event in New York, to ensure that the ongoing restructuring at the company does not drag out over time.
“I do not believe in death by a thousand cuts, I would rather pull the Band-Aid off and get it behind us and set the context as to why this is critical and fast forward to the future,” Humphries said.
The announcements would be made along with the company’s third quarter results, expected next month, and to the employees ahead of that, he said.
“We need to be draconian with the cost structure and use those savings to fund the future,” he said.
Humphries, who joined Cognizant in April, said earlier it planned to reduce costs to ‘self-fund’ some investments and make the IT services exporter ‘fit-for-growth.’ The Teaneck, New Jersey-headquartered company had grown strongly over the past 25 years even though growth has been disappointing over the last few years, he said, but it was in the process of ‘ripping out cost.’ “It’s almost like having lived in a house for 20 years, having never moved and having not done spring cleaning. When you do move, you tend to find a lot of stuff you don’t really need anymore,” Humphries said. “At Cognizant, we need new eyes, a new perspective and to hone in on what we have that are hobbies and what is critical.”
ET earlier reported about potential job cuts at Cognizant.
A key focus will be changing the compensation structure.
One of the measures being considered is raising the variable pay component of employee salaries, ET reported, and this is particularly expected to impact the company’s sales force. Humphries said changes to sales compensation will be made in January.
Lowering costs will also help the company better compete for deals, the CEO said, as the company had lost contracts to Tata Consultancy ServicesNSE -0.71 % and InfosysNSE 0.71 % because it did not have the cost structure to bid efficiently.
“Already, I am having more pricing dialogue with the cost structure we expect to have,” Humphries said.
Source: economictimes.indiatimes.com