Mastech Digital Announces CFO Transition
Mastech Digital (NYSE American: MHH) has announced a significant leadership transition with the appointment of Kannan Sugantharaman as Chief Financial and Operations Officer, effective April 14, 2025. He succeeds Jack Cronin, who will step down after 27 years of service.
Sugantharaman, previously CFO at Omega Healthcare Management Services and Cognizant Technology Solutions' Global Delivery Operations, will oversee Mastech Digital's global financial operations and focus on operational efficiencies. His responsibilities include financial planning, accounting, reporting, and compliance across all global functions.
The transition period will extend until May 30, 2025, with Cronin remaining to ensure a smooth handover. Under Cronin's tenure since 1998, the company successfully completed its 2008 spin-off from iGATE , marking its evolution into a technology-focused services provider.
Mastech Digital (NYSE American: MHH) ha annunciato una significativa transizione nella leadership con la nomina di Kannan Sugantharaman come Chief Financial and Operations Officer, a partire dal 14 aprile 2025. Sostituisce Jack Cronin, che si dimetterà dopo 27 anni di servizio.
Sugantharaman, precedentemente CFO presso Omega Healthcare Management Services e Operations Global Delivery di Cognizant Technology Solutions, supervisionerà le operazioni finanziarie globali di Mastech Digital e si concentrerà sulle efficienze operative. Le sue responsabilità includono la pianificazione finanziaria, la contabilità, la reportistica e la conformità in tutte le funzioni globali.
Il periodo di transizione si estenderà fino al 30 maggio 2025, con Cronin che rimarrà per garantire un passaggio fluido. Sotto la guida di Cronin dal 1998, l'azienda ha completato con successo la sua scissione nel 2008 da iGATE, segnando la sua evoluzione in un fornitore di servizi orientato alla tecnologia.
Mastech Digital (NYSE American: MHH) ha anunciado una importante transición en el liderazgo con el nombramiento de Kannan Sugantharaman como Director Financiero y de Operaciones, efectivo a partir del 14 de abril de 2025. Sucede a Jack Cronin, quien dejará su puesto después de 27 años de servicio.
Sugantharaman, anteriormente CFO en Omega Healthcare Management Services y en las Operaciones Global Delivery de Cognizant Technology Solutions, supervisará las operaciones financieras globales de Mastech Digital y se centrará en la eficiencia operativa. Sus responsabilidades incluyen la planificación financiera, la contabilidad, la elaboración de informes y el cumplimiento en todas las funciones globales.
El período de transición se extenderá hasta el 30 de mayo de 2025, con Cronin permaneciendo para asegurar una entrega fluida. Bajo la dirección de Cronin desde 1998, la empresa completó con éxito su escisión de iGATE en 2008, marcando su evolución hacia un proveedor de servicios enfocado en la tecnología.
Mastech Digital (NYSE American: MHH)는 Kannan Sugantharaman을 최고 재무 및 운영 책임자로 임명하며 중요한 리더십 전환을 발표했습니다. 이는 2025년 4월 14일부터 유효합니다. 그는 27년간의 근무를 마친 Jack Cronin의 후임입니다.
Sugantharaman은 이전에 Omega Healthcare Management Services와 Cognizant Technology Solutions의 글로벌 배송 운영에서 CFO로 근무했으며, Mastech Digital의 글로벌 재무 운영을 감독하고 운영 효율성에 집중할 것입니다. 그의 책임에는 재무 계획, 회계, 보고 및 모든 글로벌 기능에 대한 준수가 포함됩니다.
전환 기간은 2025년 5월 30일까지 연장되며, Cronin은 원활한 인수인계를 보장하기 위해 계속 남아 있습니다. 1998년부터 Cronin의 재임 하에 회사는 2008년에 iGATE로부터 분사하는 데 성공하여 기술 중심의 서비스 제공업체로 발전하게 되었습니다.
Mastech Digital (NYSE American: MHH) a annoncé une transition significative dans son leadership avec la nomination de Kannan Sugantharaman en tant que Directeur Financier et des Opérations, à compter du 14 avril 2025. Il succède à Jack Cronin, qui se retirera après 27 ans de service.
Sugantharaman, anciennement CFO chez Omega Healthcare Management Services et responsable des opérations de livraison mondiale chez Cognizant Technology Solutions, supervisera les opérations financières mondiales de Mastech Digital et se concentrera sur l'efficacité opérationnelle. Ses responsabilités incluent la planification financière, la comptabilité, le reporting et la conformité dans toutes les fonctions mondiales.
La période de transition s'étendra jusqu'au 30 mai 2025, avec Cronin restant pour garantir une passation de pouvoir en douceur. Sous la direction de Cronin depuis 1998, l'entreprise a réussi à achever sa scission de iGATE en 2008, marquant son évolution en tant que fournisseur de services axé sur la technologie.
Mastech Digital (NYSE American: MHH) hat einen bedeutenden Führungswechsel mit der Ernennung von Kannan Sugantharaman zum Chief Financial and Operations Officer angekündigt, der am 14. April 2025 in Kraft tritt. Er folgt Jack Cronin nach, der nach 27 Jahren im Dienst zurücktritt.
Sugantharaman, zuvor CFO bei Omega Healthcare Management Services und bei Cognizant Technology Solutions' Global Delivery Operations, wird die globalen Finanzoperationen von Mastech Digital überwachen und sich auf betriebliche Effizienz konzentrieren. Zu seinen Aufgaben gehören Finanzplanung, Buchhaltung, Berichterstattung und Compliance in allen globalen Funktionen.
Die Übergangszeit wird bis zum 30. Mai 2025 dauern, wobei Cronin weiterhin zur Gewährleistung eines reibungslosen Übergangs bleibt. Unter Cronins Leitung seit 1998 hat das Unternehmen erfolgreich seine Abspaltung von iGATE im Jahr 2008 abgeschlossen, was seine Entwicklung zu einem technologieorientierten Dienstleister markiert.
- Appointment of experienced CFO with dual role as Chief Operations Officer
- New CFO brings expertise in driving efficiency and scale across multiple business functions
- Strategic alignment with company's transformation into Data and AI-led technology services
- Departure of long-serving CFO with 27 years of institutional knowledge
Kannan Sugantharaman to Join as Chief Financial and Operations Officer on April 14, 2025; Jack Cronin to Step Down After 27 Years of Service.
As Chief Financial Officer, Sugantharaman will lead Mastech Digital's global financial operations, including financial planning, accounting, reporting, and compliance. Sugantharaman will also hold the role of Chief Operations Officer, focusing on efficiencies across Mastech Digital's functions globally. Sugantharaman most recently served as Chief Financial Officer for Omega Healthcare Management Services and was responsible for its financial functions, including accounting, audit, treasury, corporate finance, and investor relations. He also oversaw an enterprise-level initiative to drive efficiency and scale across all functions, including sales excellence, marketing, M&A, delivery excellence, technology, HR, and finance. Prior to that, he was Chief Financial Officer for Global Delivery Operations at Cognizant Technology Solutions.
Sugantharaman holds a Master of Business Administration from The University of Chicago Booth School of Business, is a qualified chartered accountant from The Institute of Chartered Accountants of
Commenting on the appointment, Nirav Patel, President and Chief Executive Officer of Mastech Digital, said: "Kannan is joining Mastech Digital at a pivotal time, as we embark on our transformation into a Data and AI-led technology services company. His deep expertise in finance and operational leadership will be instrumental in driving growth, efficiency, and global expansion."
Jack Cronin steps down after 27 years of leadership.
Jack Cronin has served as Mastech Digital's Chief Financial Officer since 1998. Under Cronin's leadership, the company effectuated the 2008 spin-off from iGATE Corporation, the first step to becoming a technology-focused services provider. Throughout his impressive tenure, Cronin had an impeccable record of leading Mastech Digital's Finance function, with strong financial discipline and a pragmatic, company-first approach.
"On behalf of the Board and the entire Mastech Digital team, I want to thank Jack for his remarkable leadership and steady hand over the years," said Nirav Patel. "His commitment, discipline, and company-first mindset have left a lasting mark. We wish him all the very best in his next chapter."
Cronin will remain with Mastech Digital until May 30, 2025, to support a smooth transition.
About Mastech Digital
Mastech Digital, Inc. (NYSE American: MHH) is a leading provider of Digital Transformation Services. The company specializes in delivering high-quality technology talent and innovative solutions that help businesses drive digital transformation and harness the power of data and analytics. Mastech Digital operates globally, with headquarters in
For more information, visit www.mastechdigital.com.
Forward-Looking Statements:
Certain statements contained in this release are forward-looking statements based on management's expectations, estimates, projections, and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of and statements regarding the Company's ability to generate revenues, earnings, and cash flow. These statements are based on information currently available to the Company and it assumes no obligation to update the forward-looking statements as circumstances change. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecasted in forward-looking statements due to a variety of factors, including, without limitation, the level of market demand for the Company's services, the highly competitive market for the types of services offered by the Company, the impact of competitive factors on profit margins, market and general economic conditions that could cause the Company's customers to reduce their spending for its services, the Company's ability to create, acquire and build new lines of business, to attract and retain qualified personnel, reduce costs and conserve cash, the extent to which the Company's business is adversely affected by the impacts of the COVID-19 pandemic or any other pandemics or outbreaks disrupting day-to-day activities and other risks that are described in more detail in the Company's filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024.
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SOURCE Mastech Digital, Inc.
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