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Symphony Services Appoints Sanjay Dhawan President & CEO

2 Aug 2010 12:00 AM | Anonymous

Global software product engineering outsourcing services specialists Symphony Service Corp. today announced the appointment of Sanjay Dhawan as President and Chief Executive Officer, effective immediately. The move sees Pallab Chatterjee, Symphony Services' current Chairman & CEO, reverting to his role as Chairman of the company's Board of Directors.

Dhawan’s appointment comes after Symphony Services achieved impressive recent business results. The company's laser focus on Engineering Outcome Certainty has translated into 10 percent quarter-over-quarter revenue growth, with 30 percent EBITDA growth. The total contract value of new bookings is at 90 percent of the company's annual revenue run rate level in the June quarter.

"I'm very excited to welcome Sanjay Dhawan to Symphony Services," said Pallab Chatterjee, Chairman of the board of Symphony Services. "Over the last year we have virtually transformed the company to ensure we commit to delivering on business outcomes for clients that span multiple technology and industry sectors and Sanjay's leadership will help us accelerate growth in the ISV, embedded and engineering services markets."

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