Symphony appoints Sanjay Dhawan as its new Prez

Symphony Service announced the
appointment of Sanjay Dhawan as the President and CEO with immediate
effect. Pallab Chatterjee, Symphony Services' current Chairman and
CEO, will revert to his role as Chairman of the company's Board of
Directors.

Dhawan stepped into the role against
the backdrop of impressive business results for Symphony Services. The
company's laser focus on engineering outcome certainty and
attracting and retaining the most skilled and experienced talent in
the software engineering space has translated into 10 percent QoQ
revenue growth, with 30 percent EBITDA growth.

“I am very excited to welcome Sanjay
Dhawan to Symphony Services,” said Pallab Chatterjee, Board
Chairman, Symphony Services. “Over the last year we have virtually
transformed the company to ensure committment to delivery 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,”Chatterjee
further added.

Before joining Symphony Services,
Dhawan served as President and COO of Aricent, a KKR-owned
privately-held company with global operations in over 25 countries.
At Aricent, he was responsible for company strategy, sales, marketing
and the management and oversight of several high-growth business
units and various functional units.

Prior to Aricent, Dhawan was the
Chairman, CEO and Co-founder of Inkra Networks. Dhawan also held
chief strategy, development, sales and management roles at Netopia,
StarNet and Advanced Micro Devices (AMD).

Said Dhawan of his appointment, “There
is a fundamental shift happening in the software industry as
independent software vendors ISVs look for strategic partnerships in
engineering services. Symphony Services' award-winning innovation,
deep industry and domain expertise and broad service offerings
strongly differentiate us against our competitors. Our board and
investors have given us a clear mandate to drive organic and
inorganic growth, and see Symphony Services reach a $500 million
revenue run-rate and beyond. I look forward to working with our team
and our clients to ensure we achieve our goal.”