iGate announces interim CEO

Fremont ( Calif) US, May 20, 2013: Indian enterprise-fuelled iGATE Corporation has announced the appointment of Gerhard Watzinger as President and CEO on an interim basis. He replaces President and CEO Phaneesh Murthy (see Times of India story for reasons) 

Gerhard, 52, is a successful 29-year IT industry veteran, who previously served as an executive at iGATE from 1998 to 2003 in a number of roles, including CEO of the iGATE Solutions business (formerly Mascot Systems). During his tenure, Watzinger drove iGATE Solutions’ transition from a U.S.-centric operation to an international organization across four continents, closed some of the largest deals in the company’s history and increased the company’s market value by over 150%. Watzinger returns to iGATE from INTEL / McAfee, where he was EVP and Chief Strategy Officer. Previously, Watzinger also served as CEO of both SafeBoot and APT International, Partner and Managing Director at Price Waterhouse and Managing Director at CapGemini.