Innodata reshuffles leadership with new president, board members

Published 06/11/2025, 22:14
Innodata reshuffles leadership with new president, board members

NEW YORK - Innodata Inc. (NASDAQ:INOD) announced Thursday a series of executive and board appointments aimed at supporting its growth in generative AI solutions.

The data-engineering company promoted Rahul Singhal from Chief Product Officer and Chief Revenue Officer to President and Chief Revenue Officer. In this expanded role, Singhal will oversee product strategy, roadmap development, and go-to-market execution across Innodata’s business lines.

The company also appointed two new board members: Daniel H. (Don) Callahan, a former Citigroup technology executive who currently serves as Executive Partner at Bridge Growth Partners, and General (Retired) Richard D. Clarke, who previously commanded U.S. Special Operations Command.

In governance changes, CEO Jack Abuhoff has been appointed Chairman, while Stewart Massey, a director since 2009, will serve as Lead Independent Director. Nauman Toor, who joined the board in 2019, has stepped down.

"Don and Rich each bring world-class expertise in technology innovation and global operations, along with deep connections across Silicon Valley and Washington," said Abuhoff in the press release statement.

Singhal, who joined Innodata in 2019 after more than a decade at IBM, stated: "It’s an honor to take on this expanded role at such a transformative time for Innodata."

The company will report its third quarter 2025 results later today, with an investor conference call scheduled for 5:00 PM Eastern Time.

Innodata provides data engineering services and solutions for generative AI and digital transformation, serving technology companies and enterprises globally.

In other recent news, General Dynamics has reported impressive third-quarter results, with earnings per share of $3.88, surpassing the consensus estimate of $3.71. The company’s revenue reached $12.9 billion, which was above the expected $12.52 billion. Following these strong results, Bernstein raised its price target for General Dynamics to $388, maintaining a Market Perform rating. UBS also increased its price target to $381, highlighting solid performance in the Marine and Aerospace segments as key growth drivers. Vertical Research Partners upgraded the stock to Buy from Hold, setting a price target of $400, citing the robust third-quarter performance. These developments underscore a positive outlook from analysts, who have noted the company’s strong growth in critical segments. The third-quarter earnings represented an 11% year-over-year increase, further emphasizing the company’s solid financial standing.

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