UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 21, 2006
Syntel, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Michigan
(State or Other Jurisdiction of Incorporation)
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| 000-22903
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38-2312018 |
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| (Commission File Number)
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(IRS Employer Identification No.) |
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| 525 E. Big Beaver Road, Suite 300, Troy, Michigan
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48083 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
(248) 619-2800
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligations of the registrant under any of the following provisions (see General Instruction
A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
Syntel, Inc. (“Syntel”) appointed Keshav R. Murugesh, age 43, to President, in addition to Chief
Operating Officer, effective December 21, 2006. Bharat Desai will continue as Chairman and Chief
Executive Officer of the Company. Mr. Murugesh was appointed as Chief Operating Officer of Syntel
in October 2004. Mr. Murugesh joined Syntel as Chief Financial Officer in May 2002 and served in
that capacity until May 2005. Prior to joining Syntel, Mr. Murugesh was with ITC Ltd. in India,
where he served as Vice President, Finance of their Infotech Company from October 2000 to May 2002.
Syntel also appointed Arvind Godbole, age 49, to Chief Financial Officer, effective December 21,
2006. Mr. Godbole was apppointed Acting Chief Financial Officer on June 1, 2006. He has been with
Syntel as Corporate Controller since March 2001.
Syntel
also announced that Lakshmanan Chidambaram, Vice President-Sales, assumes responsibility for
Automotive, Healthcare and Diversified Businesses sales in addition to his current responsibilities
effective December 21, 2006 and that Vinod Swami, Senior Vice President-Sales Automotive,
Healthcare and Diversified Businesses will depart the company effective December 29, 2006.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits.
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99.1
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Press Release dated December 22, 2006. Syntel Announces Management Changes:
Murugesh Named President; Godbole Named CFO; Sales SVP Departs. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Syntel,
Inc. |
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(Registrant)
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Date December 22,
2006
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By
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/s/ Daniel M. Moore |
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Daniel M. Moore, Chief Administrative Officer
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