Global tech supplier Nexant has appointed John Gustafson as its new CEO, in a bid to ‘deliver transformative growth’.
The utility and energy industry specialist is focused on the next generation intelligent grid.
Operating from 20 offices in the US, Europe, the Middle East, and Asia, the company’s team of industry professionals has completed more than 5,000 engagements in over 70 countries.
Gustafson joins from Cognizant Technology Solutions where he served as vice president and head of the utility and energy business unit.
He has held similar leadership roles at other leading service and solution providers including Wipro and IBM.
Arjun Gupta, Nexant’s executive chairman, said: “The Utility and Energy industries are going through transformative changes which present Nexant with an extraordinary market opportunity.
“Over the last 5 years Nexant has invested significantly in developing iEnergy, Grid-360 and other advanced analytics and technology enabled solutions to help our clients address emerging opportunities in the areas of smart grid, distributed energy resources, and digital customer experience.
“John’s experience in the Utility and Energy industries will be invaluable to bring our new solutions to market and to scale Nexant to the next level.”
Gustafson is a recognised leader in the utility and energy industry who has consistently delivered transformative growth in previous roles building businesses up to $500M in revenue.
He added: “I am very excited to join a great company like Nexant with amazing talent and an outstanding reputation.
“I look forward to working with the Nexant team to build on the foundation that has been created, and scale Nexant to the next level as a market leader in providing new and innovative solutions in the Utility and Energy industries.”