At a time when the US administration led by Donald Trump tightens the H-1B visa rules, two main American companies have appointed leaders in India to the best leaders.
T-Mobile names Srinivasan Gopalan
T-Mobile said that on Monday, Srinivasan Gopalan, General Director Mike Sievent, took over November and marked the leadership of the lead because the telecommunications company is working on the defense of its 5G leadership on the saturated US wireless market.
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Wireless carriers are struggling to slow down subscribers, growing competition and increasingly cautious consumers who are not willing to pay for insurance plans.
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In Linkedin Srinivasan, he said: “The success of this team reflects the remarkable leadership of my friend and mentor Mika Sieverse and I appreciate the trust he has recorded in me when he takes his new role as vice -chairman.
In recent years, this industry has also witnessed a significant consolidation, which is an example of M-Mobile mergers of $ 26 billion with Sprint in 2020. This agreement transformed the American telecommunications environment, founded Verizon, AT&T as the “three” telecommunications societies.
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Sievent, who became CEO in April 2020, will move to the newly created position of the vice -chairman and advise on a long -term strategy, innovation and the development of talents.
“Gopalan brings a lot of experience and is a very impressive leader and has managed exceptionally well.
Gopalan, Currently, Chief Operating Director of T-Mobile, held a higher leading position in Bharti Airtel, Capital One and Vodafone and last worked as the General Director of the German business Deutsche Telekom, where the company’s growth was credited.
Molson Coors names Rahula Goyal as the next CEO
Meanwhile, Molson Coors appointed Insider Rahul Goyal on Monday as his next CEO, followed by Gavin Hattersley, who is to retire at the end of this year. Goyal, originally from India, studied engineering in Mysore before moving to the US for business studies in Denver.
In the US, Great Britain and India, the leading roles across the brands of the Coors and Molson brands. His appointment comes when the beer giant faces challenges from declining demand and growing tariffs on the US market.
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In Linkedin Goyal, he said: “With the historical heritage of amazing brands supported by a talented team of employees and a strong network of distributors, customers and partners around the world, the privilege is to be part of this great society – and I am ready to accept opportunities and challenges in front, right people and passion that deliver our ambitions.”
“Few executives know Molson Coors better than Rahul Goyal.
US President Donald Trump has signed a statement that requires payment of $ 100,000 to add H-1B petitions for new applications, effective from September 21 for 12 months unless extended. However, the new rule applies prospectively, which means that this will not have an impact on existing visa holders or applications that have already been approved.
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Research stressed that Indian IT companies representing almost 70 percent of all H-1B visas issued annually may face a higher cost structure over the next 3-6 years, when renewal appears. The fee usable on the petition, usually valid for three years, extended by three other three could create incremental expenses.
With the historical heritage of amazing brands supported by a talented team of employees, the privilege is to be part of this great company.
Morgan Stanley’s estimates indicate that the rough impact on earnings before interest and taxes (EBIT) can be between 10 and 120 basis points, which would move to 0.5 % to 8.5 % of the campaign on the EBIT. However, with echoes such as offshoring and cost-handling, the clean impact can be contained on about 50 basis points or 3-4 % EBIT.
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The success of this team reflects the remarkable leadership of my friend and mentor Mika Sievert.
Over the last decade of the Indian IT company, the dependence on visas has gradually decreased, and the growing localization in the US and the nearby coast to Canada and Latin America. The trend, accelerated during the Covid-19 pandemic, has already led to a higher coastal mixture.
(With the entry from agencies)
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