Bangalore: Ravi Venkatesan, the chairman and public face of Microsoft’s Indian arm has announced that he will soon leave the company, in what will be the third exit of a senior executive from the company.
Interestingly, Venkatesan, who said he will now focus on finishing his book and will reassess his priorities, joined the company exactly seven years to the day, Saturday.
The company didn’t immediately announce a successor for him.
Earlier this year, Rajan Anandan, the country manager of Microsoft India left; he was recently named the India sales head for Google. Shortly after, Srinivas Koppolu, the head of the company’s development centre in India left.
Venkatesan denied that there was anything untoward in these exits and pointed out that Koppolu left after at least two decades at the company and that he himself is leaving after having achieved all the objectives he set for himself when he took over as chairman of the company. He also denied that he would be joining Reliance Industries Ltd, which will roll out by the end of this year, its mobile wireless network.
Microsoft India had revenue of Rs. 3,775 crore in 2009-10, according to Dataquest magazine. The company does not disclose revenue for India. The Indian revenue was less than Rs. 1,000 crore when Venkatesan took over as chairman.
Venkatesan said he had been discussing his exit for some time with the company and added that he will now focus on completing his book, Winning In India, which is about how multinational companies can succeed in the country.
Microsoft said in a release that it would soon name a successor and that Venkatesan would work closely with Jean-Philippe Courtois, president of Microsoft International to effect a smooth transition.
Source: http://www.livemint.com
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