India's Wipro loses yet another senior executive

Company's head of America sales resigns from his position

Wipro, India's third-largest software and services outsourcing company, announced Sunday that Rich Garnick, the company's head of America sales, has resigned from his position. The announcement marks the third departure of a senior executive from the company in recent weeks.

Garnick, who said he is leaving Bangalore, India-based Wipro to spend more time with his family, was credited by the company with establishing its sales operations in North America and helping it become one of the largest outsourcing providers for North American companies. He will be replaced by P.R. "Sekar" Chandrasekhar, who currently heads Wipro's European operations, the company said.

Chandrasekhar will relocate to the U.S. and will be responsible for the company's operations in both markets as chief executive of Americas and Europe, Wipro said. Garnick will remain with the company during Chandrasekhar's transition to his expanded role.

The announcement of Garnick's departure comes less than one month after the company's Silicon Valley-based vice chairman and chief executive officer, Vivek Paul, announced plans to leave Wipro to join Texas Pacific Group, a private investment firm. Also in June, Wipro lost another senior executive, Raman Roy, who headed the company's BPO (business process outsourcing) services business.