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NEW YORK - Aeries Technology, Inc. (NASDAQ:AERT), a provider of AI-enabled transformation services for private equity portfolio companies with a market capitalization of $44.11 million, announced Tuesday the appointment of Elias "Eli" Mendoza as Chief Growth and Strategy Officer.
Mendoza brings over 20 years of experience in private equity, mergers and acquisitions, corporate strategy, and operational transformation. He previously served as Partner and Chief Operating Officer at Siris Capital, where he focused on enterprise value creation across portfolio investments and held multiple board positions.
His prior roles include Vice President and Global Head of Corporate Development at IBM, where he led global M&A efforts, and Executive Director at Morgan Stanley in New York and Tokyo.
"Eli’s appointment comes at an important time as we continue to expand our impact as a transformation partner for PE-backed companies," said Ajay Khare, CEO of Aeries Technology.
Mendoza will report directly to Khare and be based in New York. He will co-lead strategic initiatives with client-facing teams across the company’s operations in India, the U.S., and the Middle East.
Aeries Technology, which went public on Nasdaq, provides enterprise transformation services and operating support to private equity firms and their portfolio companies. The company employs over 1,400 professionals across its delivery hubs.
The information in this article is based on a company press release statement issued by Aeries Technology.
In other recent news, Aeries Technology has announced a strategic partnership with Fortra to establish Global Capability Centers (GCCs) in India and Mexico. This collaboration aims to enhance Fortra’s workforce and create a nearshore hub, boosting operational efficiency and driving digital transformation. Aeries Technology also disclosed several executive changes following its Annual Meeting of Shareholders. Revised employment agreements for key executives, including CEO Bhisham Khare, reflect updated roles and compensation structures. Shareholders approved changes to the company’s Memorandum and Articles of Association, affecting security holder rights. Additionally, there was an increase in authorized Class A ordinary shares under the 2023 Equity Incentive Plan. The shareholders confirmed the appointment of new directors and the selection of Manohar Chowdhry & Associates as the independent registered public accounting firm. These developments are part of Aeries Technology’s ongoing efforts to enhance governance and operational capabilities.
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