Mindtree founders have no plan to stay back, says CEO Rostow Ravanan

On Wednesday, the company had announced the appointment of L&T Group's Chairman A M Naik as the non-executive chairman

Mindtree co-founders who resigned from the Bengaluru-based company’s board and executive responsibilities have no plan to stay back, said Rostow Ravanan, outgoing chief executive officer (CEO) and managing director (MD).

Ravanan is also a co-founder of the mid-tier information technology (IT) services company. He said the board has already accepted their resignations, and the timing of their exit was being worked out.

“We are sticking to our plan of this thing (exit). Our resignations have already been accepted and the actual timing is being worked out with the board now. But, (there is) no change in our plans,” said Ravanan.