Sapient (NASDAQ: SAPE) today announced that Ashok Shah, a seasoned executive with international operating experience and Vijay Singal, a finance expert with an international operations background, have been elected to Sapient’s board of directors.
“We are extremely pleased that Ashok and Vijay have joined our board of directors. They bring valuable international operating experience to Sapient, as well as financial expertise. While Ashok has deep industry knowledge in telecommunications, Vijay has similar depth in capital markets. I look forward to their contributing to the breadth of talent we have on our board,” said Alan J. Herrick, Sapient president and chief executive officer.
Until March 2008, Shah served as vice president and managing partner of the global professional business division of Alcatel-Lucent. Prior to joining Alcatel-Lucent in November 2003, he held various management positions with Digital Equipment Corp., Compaq Computer Corporation and Hewlett-Packard, including general manager of IT services; subsidiary manager of IT Services; India country manager for the software division; Asia Pacific manager for the systems integration division; and vice president of the professional services division for North America at Compaq.
Currently, Shah is the founder and managing partner of CEPS Consulting, LLC, which provides strategic counsel to IT/telecom services and software firms, as well as enterprise clients. He also serves on the engineering leadership board at the University Of Houston Cullen College Of Engineering.
Singal currently heads the department of finance at Pamplin College of Business, Virginia Tech and is the author of the 2006 book, “Beyond the Random Walk: A Guide to Stock Market Anomalies and Low-Risk Investing.”
Since 2002, he has served as a J. Gray Ferguson Professor of Finance at the University. Earlier, he held various other academic positions there, joining in 1992. Prior to entering academia, Singal spent ten years at the Oil and Natural Gas Corporation in India, holding various positions, finally as a joint director of finance.
Since 2003, Singal has served as a member of the board of trustees and audit committee of New River Funds. Since 2005, he has also served as a consultant and partner to a New Jersey-based securities trading company.
About Sapient
Sapient, a global services firm, operates two groups—Sapient Interactive and Sapient Consulting—that help clients compete, evolve and grow in an increasingly complex marketplace. Sapient Interactive provides brand and marketing strategy, award-winning creative work, web design and development and emerging media expertise. Sapient Consulting provides business and IT strategy, process and systems design, package implementation and custom development, as well as outsourcing services such as testing, maintenance and support.
Sapient’s passion for client success—evidenced by its ability to foster collaboration, drive innovation and solve challenging problems—is the subject of case studies on leadership and organizational behavior used by MBA students at both Harvard and Yale. Leading clients, including BP, Essent Energie, Hilton International, Janus, Sony Electronics and Verizon, rely on the company’s unique approach to drive growth and market momentum. Headquartered in Boston, Sapient operates across North America, Europe and India. For more information, please visit www.sapient.com.
Sapient is a registered service mark of Sapient Corporation.
Contacts:
Gail Scibelli, +1 617-452-1911
gscibelli@sapient.com
or
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PR
Jeff Drew, +1 617-758-4145
sapient@famapr.com
