Syntel Adds New Member to Board of Directors
October 11 2016 - 8:30AM
Syntel, Inc., a global leader in digital modernization, information
technology and knowledge process services for Global 2000
companies, today announced the appointment of Mr. Rex E.
Schlaybaugh, Jr. to its Board of Directors. Mr. Schlaybaugh
will serve as a member of the Board of Directors’ Nominating and
Corporate Governance Committee.
Previously, Mr. Schlaybaugh was affiliated with Dykema Gossett
PLLC for 37 years and served as Dykema’s Chairman and Chief
Executive Officer from 2002 through 2011. Mr. Schlaybaugh is
also a member of the Board of Directors and Chairman of the Audit
Committee of John Hancock Life Insurance Company and a commissioner
on the Michigan Natural Resources Commission.
"I am delighted to welcome Rex Schlaybaugh to the Syntel Board,”
said Bharat Desai, Chairman of Syntel’s Board of Directors. “Rex is
a respected business and community leader with considerable
experience. We look forward to his contributions in helping Syntel
leverage its investments and capabilities to become a strong
digital modernization partner to global enterprises."
His appointment will continue until the Syntel 2017 Annual
Shareholders meeting. All members of the Syntel Board of
Directors are subject to re-election by shareholders each year.
About SyntelSyntel (Nasdaq:SYNT)
is the global leader in digital modernization services, with a core
suite of automation-driven IT and knowledge process services.
Syntel helps global enterprises thrive in the Two-Speed World™ by
building agile, efficient technology infrastructures that blend
legacy business models with disruptive digital innovations.
Syntel’s recursive automation platform, SyntBots®, enables clients
to manage, migrate, and modernize their business and technology
ecosystems. Syntel believes in a "Customer for Life" philosophy to
build collaborative partnerships and creates long-term business
value for its clients by investing in IP, solutions and
industry-focused delivery teams with deep domain knowledge.
To learn more, visit us at: www.syntelinc.com
Safe Harbor ProvisionThis news
release may include forward-looking statements, including those
with respect to the future level of business for Syntel, Inc. These
statements are necessarily subject to risk and uncertainty. Actual
results could differ materially from those projected in these
forward-looking statements as a result of certain risk factors set
forth in the Company's Annual Report on Form 10-K for the year
ended December 31, 2015, the Company's Quarterly Report on Form
10-Q for the quarter ended June 30, 2016 or from other factors not
currently anticipated.
Contacts:
North America/Europe: Jon Luebke, Syntel, 248/619-3503, jon_luebke@syntelinc.com
Europe and International: Rani Gill, Flame PR, +44 0203 357 9746, Syntel@flamepr.com
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