Integration pain: LTIMindtree appoints three CBOs in a month

A year after the merger of LTIMindtree — L&T Infotech and Mindtree — churn at the top level continues. For instance, in just over a month, LTIMindtree appointed three new chief business officers (CBO) for three of its business units – retail and consumer goods, manufacturing, and life sciences and healthcare.

The development comes just days after the company’s chief marketing officer (CMO), Paresh Vankar, resigned within 10 months of joining. He had joined in January and quit the company in October.