Former TCS CEO Rajesh Gopinathan Joins BCG as Senior Advisor in TMT Practice, Delhi Team
In a recent development reported by the Times of India (TOI), former Tata Consultancy Services (TCS) Chief Executive Officer Rajesh Gopinathan has assumed the role of Senior Advisor in the Technology, Media, and Telecommunications (TMT) practice of the Boston Consulting Group (BCG), specifically in the Delhi team. Mint, however, has not independently verified this information.
BCG’s TMT practice is known for developing strategic business models with the support of a global network comprising IT experts and data scientists.
Gopinathan, who recently stepped down as TCS CEO after securing a 5-year extension from 2022-2027, has transitioned into this advisory role. His successor, K Krithivasan, with over three decades of experience at TCS, has taken the reins as the new CEO.
In the financial year 2023, TCS reportedly paid Gopinathan a salary of ₹30 crore, marking a notable 13.2% increase year-on-year. The annual report for FY2023 indicates that his salary amounted to ₹1.73 crore, while benefits, perquisites, and allowances stood at ₹2.43 crore, totaling a remuneration of around ₹29.16 crore.
Gopinathan, a proponent of remote working during the Covid pandemic, played a crucial role in attracting significant clients, such as Standard Life business, to TCS. Under his leadership, TCS achieved over $10 billion in incremental revenues and witnessed a market capitalization increase of over $70 billion. Additionally, TCS’ brand value surged by 212% to $45.5 billion during his tenure.
As Gopinathan embarks on this new advisory role at BCG, discussions within the Tata Group reportedly revolve around the possibility of engaging him beyond September 15, underscoring the significance of his contributions to TCS and the IT industry.
