Vivek Paul to be new Satyam CEO?

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The markets are abuzz with the news that Vivek Paul, former vice chairman of Wipro, might be appointed the new chief executive officer of Satyam Computer Services.

Paul resigned from Texas Pacific Group (TPG), a private equity firm where he was a partner, in December, leading to the rumour that he might be picked to head the beleaguered Satyam.

Paul was considered as a possible buyer for Satyam at one time.

Before joining TPG, Paul was with Wipro. He joined in 1999 and took the company from a $150-million firm to a billion-dollar IT giant by 2005. He left Wipro as vice chairman in 2005 to join TPG.

Paul is a BITS Pilani graduate and an MBA from University of Massachusetts. Born in 1959, Paul is currently on the board of Electronic Arts, the world's leading game publisher, and Elevance Renewable Sciences Inc., a leader in developing chemicals from renewable sources.