Exela Technologies Announces New Chief Technology Officer
May 26 2022 - 8:00AM
Exela Technologies, Inc. (“Exela” or the “Company”)
(NASDAQ: XELA, XELAP), today announced that Sriram “Sri”
Ramanathan has joined Exela as Chief Technology officer, reporting
to Executive Chairman, Par Chadha.
In his new role, Sri will focus on all aspects of product
direction, solution strategy, and thought leadership in support of
the thousands of Exela customers around the globe. He will
collaborate closely with Exela’s global leadership team as the
Company continues to build out our technology products and
SaaS-based solutions across our portfolio. Through the
development of new tech-enabled products and service lines, Exela
is focused on broadening capabilities to optimize outcomes for
customers. Under Sri's direction, we will continue to identify
opportunities to digitize processes and streamline workflows
gaining unique insights that can be leveraged to further improve
performance across multiple sectors. Sri is a hands-on
technology executive with more than 23 years of experience in
developing and implementing cutting edge technology
solutions. He comes to Exela from NYSE listed Genpact, where
he led the AI and engineering efforts for AI products. Sri also led
the mobile and Conversational AI business at the Oracle PaaS
(Platform as a Service) business. Prior to that, he was the CTO of
Kony, a mobile technology platform which pioneered the concept of
an mBaaS (mobile backend as a service). While at IBM, Sri was an
IBM Distinguished Engineer and Master inventor with CTO
responsibilities for the Telecommunications and mobile and wireless
domains with over 150 patents awarded. Sri graduated from the
Birla Institute of Technology and Science in Pilani, India with a
Master’s Degree in Engineering and continued his education
obtaining a Master’s Degree from the University of South Florida in
Industrial and Management Systems
“Technology adaptation and enhancement is the backbone of Exela.
We are always looking for new ways to enable and optimize solutions
for customers and our platform. Sri is a welcome addition to our
family and we look forward to his thought leadership in growing
Exela,” said Par Chadha, Executive Chairman of Exela.
About Exela Technologies
Exela Technologies is a business process automation (BPA)
leader, leveraging a global footprint and proprietary technology to
provide digital transformation solutions enhancing quality,
productivity, and end-user experience. With decades of experience
operating mission-critical processes, Exela serves a
growing roster of more than 4,000 customers throughout 50
countries, including over 60% of the Fortune® 100. Utilizing
foundational technologies spanning information management, workflow
automation, and integrated communications, Exela’s software and
services include multi-industry, departmental solution suites
addressing finance and accounting, human capital management, and
legal management, as well as industry-specific solutions for
banking, healthcare, insurance, and the public sector. Through
cloud-enabled platforms, built on a configurable stack of
automation modules, and approximately 17,000 employees operating in
23 countries, Exela rapidly deploys integrated technology
and operations as an end-to-end digital journey partner
For more Exela news, commentary, and industry
perspectives,
visit: https://investors.exelatech.com/
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The information posted on the Company's website and/or via its
social media accounts may be deemed material to investors.
Accordingly, investors, media and others interested in the Company
should monitor the Company's website and its social media accounts
in addition to the Company's press releases, SEC filings
and public conference calls and webcasts.
Forward-Looking Statements
Certain statements included in this press release are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as "may", "should", "would", "plan",
"intend", "anticipate", "believe", "estimate", "predict",
"potential", "seem", "seek", "continue", "future", "will",
"expect", "outlook" or other similar words, phrases or expressions.
These forward-looking statements include statements regarding our
industry, future events, estimated or anticipated future results
and benefits, future opportunities for Exela, and other
statements that are not historical facts. These statements are
based on the current expectations of Exela management and
are not predictions of actual performance. These statements are
subject to a number of risks and uncertainties, including without
limitation those discussed under the heading "Risk Factors"
in Exela's Annual Report and other securities filings. In
addition, forward-looking statements
provide Exela's expectations, plans or forecasts of
future events and views as of the date of this
communication. Exela anticipates that subsequent events
and developments will cause Exela's assessments to
change. These forward-looking statements should not be relied upon
as representing Exela's assessments as of any date
subsequent to the date of this press release.
Investor and/or Media Contacts:
Vincent
KondaveetiE: vincent.kondaveeti@exelatech.com
Mary Beth BenjaminE: IR@exelatech.com
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