Executive reshuffling in Mphasis, new chairman appointed

By siliconindia   |   Friday, 16 July 2010, 19:17 IST
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Bangalore: Mphasis, an information technology and BPO company, has appointed Friedrich Froeschl as the new chairman of the company. Froeschl will replace Andy Mattes, who has resigned from his duties. Froeschl currently heads Hi Tec Invest GmBH and Co, a German private equity management and consulting company. He, however, has been on the Mphasis board since March 2009 as an independent director. Other reshuffling of executives was seen in the form of appointment of new vice chairman Francesco Serafini. Three new directors were also appointed in the board who moved from Hewlett Packard, the majority investor of Mphasis.