Mynampati likely to face axe, no word yet on CEO Murty

HYDERABAD & MUMBAI: Ram Mynampati, the former interim CEO of Satyam, may face the axe when Tech Mahindra takes management control of the IT firm, said a person familiar with the developments.

Top Tech Mahindra officials made no direct comment on whether AS Murty, the incumbent CEO, will continue in his current charge. ���Tech Mahindra has its own managerial capabilities to manage Satyam,��� said a senior official.

Mynampati was a whole-time director on the erstwhile Satyam board whose role came under the spotlight after the IT firm���s botched acquisition of Maytas Infra and Maytas Properties, the two firms linked to Satyam���s defamed promoter B Ramalinga Raju. He served as Satyam���s interim CEO for less than a week and had to exit after the government appointed its own nominees to the Satyam board.

Mynampati does not figure in the list of key 100 employees who have to be retained for a year after the new owner takes charge, said people familiar with the developments.

The retention of 100 key associates was one of the pre-requisites that Tech Mahindra had to agree to. The top management of Satyam is understood to have shortlisted key leaders.