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Suresh Rajpal quits Trigyn
New Delhi
: Former Hewlett-Packard India chief executive who quit the computer peripherals major and formed his own outfit, eCapital Solutions which later merged with Leading Edge Systems to form Trigyn Technologies, has quit his outfit.

He expects to stay on for a further one months till the company finds a successor to replace him. The company's board has accepted the resignation and appointed the current chief financial officer K S Sudarshan as the chief operating officer.

Mr. Rajpal, who has close to 5 per cent in the company through stock options, stated that the decision to resign was a personal decision. He was contemplating setting up his own company in New Delhi with two or three ideas that he was working on.

Chase Capital holds 32 per cent of the company's equity while 25 per cent is held between the three original promoters of Leading Edge. Around 17-18 per cent is held among employees as stock options while the public holds the balance.
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domain - B : Indian business : News Review : 20 Apr 2001 : people