Genpact appoints Cisco’s Thimaya Subaiya to board of directors

Published 01/08/2025, 09:58
Genpact appoints Cisco’s Thimaya Subaiya to board of directors

NEW YORK - Genpact (NYSE:G), an advanced technology services company with a market capitalization of $7.7 billion and impressive 31% stock return over the past year, announced Thursday the appointment of Thimaya Subaiya to its Board of Directors, effective immediately.

Subaiya currently serves as Executive Vice President of Operations at Cisco, where he oversees operational functions, security and trust, supply chain, and IT. His 25-year career includes previous roles as Cisco’s Chief Transformation Officer and Chief Customer Experience Officer, where he managed Cisco’s $13 billion services business.

"Thimaya brings proven expertise in scaling services and software businesses through the right balance of innovation, simplicity, and operational excellence," said Balkrishan "BK" Kalra, President and CEO of Genpact, in a press release statement.

Prior to joining Cisco, Subaiya held positions at Salesforce and Oracle. He holds an MBA from the ENPC School of International Management.

Jim Madden, Chairman of Genpact’s Board, noted that Subaiya "brings not only a fresh perspective and innovative thinking but also proven expertise in building solutions that help customers accelerate business outcomes."

The appointment aligns with Genpact’s "GenpactNext" strategy, which focuses on AI-driven innovation and scaling advanced technology services.

Genpact, listed on the New York Stock Exchange, specializes in advanced technology services and solutions for enterprise clients across various industries, generating annual revenue of $4.85 billion with a healthy 35.5% gross profit margin. For detailed insights and additional ProTips about Genpact’s performance and outlook, visit InvestingPro.

In other recent news, Genpact Limited announced a quarterly cash dividend of $0.17 per share for the third quarter of 2025, payable on September 25 to shareholders of record as of September 11. The company also welcomed John M. Hinshaw to its Board of Directors, effective July 1, 2025. Hinshaw brings extensive experience from his previous roles at HSBC Bank, Hewlett-Packard, Boeing, and Verizon Communications. On the analyst front, Mizuho raised its price target for Genpact to $51, citing the company’s AI-first transformation strategy, while maintaining a Neutral rating. William Blair reiterated its Outperform rating, highlighting Genpact’s strategic initiatives in digital transformation and artificial intelligence. Additionally, TD Cowen increased its price target to $55, maintaining a Buy rating and expressing optimism about Genpact’s performance for the second quarter and full year of 2025. These developments underscore Genpact’s ongoing strategic focus and investor interest in its future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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