STOCK TITAN

Grid Dynamics Appoints Patrick Nicolet to the Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Grid Dynamics has appointed Patrick Nicolet, former CTO of Capgemini, to its Board of Directors. This strategic move aims to enhance the company's growth trajectory by harnessing Nicolet's extensive experience in digital transformation and technology innovation. CEO Leonard Livschitz emphasized Nicolet's leadership and industry expertise as vital for Grid Dynamics' mission to help clients innovate through technology. Nicolet expressed admiration for Grid Dynamics' commitment to technological excellence and looks forward to contributing to its global positioning.

Positive
  • Appointment of Patrick Nicolet brings extensive industry expertise and leadership.
  • Nicolet's experience with digital transformation aligns with Grid Dynamics' growth strategy.
Negative
  • None.

SAN RAMON, CA / ACCESSWIRE / February 28, 2022 / Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leader in enterprise-level digital engineering services and solutions, today announced the appointment of Patrick Nicolet, the former CTO and Executive Board Member of Capgemini, to the company's Board of Directors. This strategic appointment aligns one of the highest respected European thought leaders with Grid Dynamics to enable further the company's impressive growth trajectory, fueled by a customer-first mindset combined with deep industry expertise, advanced applications of technology and data, and human-led design methodologies.

"Given his extensive experience establishing Capgemini's global presence, Patrick brings us strong leadership credentials and deep understanding of technology, together with decades of development and implementation of effective and sustainable strategies across the field of digital transformation," said Leonard Livschitz, CEO of Grid Dynamics. "The breadth and depth of his industry knowledge and domain experience are highly respected, and I look forward to working with Patrick to leverage his leadership to further our mission of helping clients grow and innovate through technology."

Patrick is the Founder and CEO of Line Break Capital, a Swiss-based technology company specializing in the enterprise data value chain. Before that, he rose through the ranks at Capgemini over 20 years to become the former Group CTO and member of the Group Executive Board. As Group CTO, he was responsible for leading the global technology and innovation agenda for Capgemini. He served as a member of the Group Executive Board, the highest management team for eight years. Currently, Patrick serves as Chairman of the Board of Directors at Olympe, an award-winning IT company. He sits on the board of multiple companies operating in technology, data, and Web 3.0.

"From the beginning onwards, I was highly impressed by Grid Dynamics' technological excellence and expertise in software engineering. Their innovative, sustainable, and dynamic approach to digital transformation is compelling and bound to position the company as an indisputable leader in the field on the global stage. I look forward to working with Leonard Livschitz and the Board of Grid Dynamics." said Patrick Nicolet.

###

About Grid Dynamics

Grid Dynamics (Nasdaq: GDYN) is a digital-native technology services provider that accelerates growth and bolsters competitive advantage for Fortune 1000 companies. Grid Dynamics provides digital transformation consulting and implementation services in omnichannel customer experience, big data analytics, search, artificial intelligence, cloud migration, and application modernization. Grid Dynamics achieves high speed-to-market, quality, and efficiency by using technology accelerators, an agile delivery culture, and its pool of global engineering talent. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the US, UK, Netherlands, Mexico, and Central and Eastern Europe.

To learn more about Grid Dynamics, please visit www.griddynamics.com. Follow us on Facebook, Twitter, and LinkedIn.

Media Contact:

Beth Trier
Trier and Company for Grid Dynamics
beth@triercompany.com

SOURCE: Grid Dynamics



View source version on accesswire.com:
https://www.accesswire.com/690603/Grid-Dynamics-Appoints-Patrick-Nicolet-to-the-Board-of-Directors

FAQ

Who is Patrick Nicolet in relation to Grid Dynamics?

Patrick Nicolet is the newly appointed member of the Board of Directors at Grid Dynamics, bringing extensive experience from his previous role as CTO of Capgemini.

What is the significance of Nicolet's appointment for Grid Dynamics?

Nicolet's appointment is significant as it aligns with Grid Dynamics' growth strategy and enhances its leadership in digital transformation and technology innovation.

What previous roles did Patrick Nicolet hold before joining Grid Dynamics?

Prior to joining Grid Dynamics, Patrick Nicolet served as the CTO and Executive Board Member at Capgemini and was the Founder and CEO of Line Break Capital.

What is Grid Dynamics' focus area in technology services?

Grid Dynamics focuses on digital transformation consulting and implementation services, including omnichannel customer experience, big data analytics, AI, and cloud migration.

Grid Dynamics Holdings, Inc.

NASDAQ:GDYN

GDYN Rankings

GDYN Latest News

GDYN Stock Data

1.71B
63.60M
22.69%
68.81%
2.11%
Information Technology Services
Services-prepackaged Software
Link
United States of America
LA JOLLA