Rajat Gupta

Rajat Gupta

Rajat Kumar Gupta (RA-jat ku-MAAR GUP-ta; Bengali: রজত গুপ্ত; born 2 December 1948) is an Indian American businessman who was the managing director (chief executive) of management consultancy McKinsey & Company from 1994 to 2003 and a business leader in India and the United States. He was convicted in June 2012 on insider trading charges stemming from the Raj Rajaratnam-led Galleon Group case on four criminal felony counts of conspiracy and securities fraud. He was sentenced in October 2012 to two years in prison, an additional year on supervised release and ordered to pay $5 million in fines.

In his capacity at McKinsey, Gupta was recognized as the first Indian-born CEO of a global Western company. After becoming a senior partner emeritus at McKinsey, Gupta served as corporate chairman, board director or strategic advisor to a variety of large and notable organizations: corporations including Goldman Sachs, Procter and Gamble and American Airlines, and non-profits including The Gates Foundation, The Global Fund and the International Chamber of Commerce.

Rajat Gupta is additionally the co-founder of four different organizations: the Indian School of Business with Anil Kumar, the American India Foundation with Victor Menezes and Lata Krishnan, New Silk Route with Parag Saxena and Victor Menezes, and Scandent with Ramesh Vangal.

Read more about Rajat GuptaEarly Life and Education, Philanthropy, Insider Trading Conviction, Personal Life

Other articles related to "rajat gupta, gupta":

McKinsey & Company - Galleon Insider Trading Scandal
... See also Rajat Gupta and Anil Kumar McKinsey senior executives Rajat Gupta and Anil Kumar were among others convicted in an ongoing government investigation into insider trading for sharing ... Gupta and Kumar were close friends of each other and of Rajaratnam, as well as the co-founders of the Indian School of Business and (with Rajaratnam) of New Silk Route ... Senior partner Anil Kumar, described as Gupta's protégé, left the firm after the allegations in 2009 and pleaded guilty in January 2010 ...
Rajat Gupta - Personal Life
... Rajat Gupta married Anita Mattoo, two years his junior, in 1973 after they had met at IIT Delhi ... Gupta owns several properties that he uses for both work and pleasure His primary residence is a two-acre estate in Westport, Connecticut that formerly belonged to JC Penney and his family, which was valued at $13 ... with their families - something unheard of in the McKinsey world at that time." Gupta has four daughters Geetanjali Gupta-Nwanze, Megha, Aditi and Deepali ...
McKinsey & Company - Organization and Administration
... Each managing director can serve a maximum of three terms, a policy instituted by Gupta ... Former managing director Rajat Gupta explains McKinsey's structure as follows The firm operates under a practice of "up or out", meaning that consultants must either advance in their. 25% of the firm is new every year," Gupta says, "so half the people have less than two to three years' tenure in the firm, and their values need to be reinforced." All senior roles rotate among the directors (senior ...
Raj Rajaratnam - Conviction and Imprisonment For Insider Trading
... at Raj Rajaratnam/Galleon Group, Anil Kumar, and Rajat Gupta insider trading cases On Friday October 16, 2009, Raj Rajaratnam was arrested by the FBI and accused of conspiring with others to engage in insider ... CEO Anil Kumar, a senior executive of McKinsey Company and close friend of Rajat Gupta (its former CEO) who was later also accused of passing information to Rajaratnam Rajiv Goel, a midlevel Intel Capital ... Sachs and former McKinsey Company chief executive Rajat Gupta told Rajaratnam about Berkshire's investment before it became public ...