Software firm ValueMomentum shuffles leadership team

By Eric Strauss
Piscataway | Jun 8, 2018 at 7:05 am

ValueMomentum Inc., a Piscataway-based provider of software and services to the insurance, health care and financial services industries, has announced a number of executive promotions, including a new CEO.

Co-founder Kalyan “KK” Kodali has taken over the role, effective June 1, with co-founder and CEO Raj Samanthapudi becoming executive chairman and Swarup Ghosh, chief delivery officer, becoming chief operating officer.

“KK has been instrumental in laying the foundation for the organization, has built a strong base of customers, reputation and practices, and has deeply imbibed our core values from the very beginning,” Samanthapudi said in a prepared statement. “Our enterprise clients are going through a technology- and demographics-driven disruption and, under KK’s leadership, ValueMomentum is well-placed to help our customers in their transformation initiatives.”

Kodali had been president of the company’s Enterprise Business, overseeing the insurance, financial services and health care verticals.

“Raj has been a driving force in establishing ValueMomentum’s strategy, espousing and embodying its core values and championing innovation,” Kodali said in a statement. “Today, thanks to his steadfast embrace of select industries, stewardship for innovation and a deep commitment toward fostering a ‘customer-first’ culture, we are clearly firing on all cylinders, with a strong leadership team that can leverage our strengths to scale us to new heights.”

ValueMomentum’s staff is approaching 2,000 people as the company undergoes rapid growth, it said. The executive moves and a new organization structure have been put into effect to help the organization with its new scale.

Eric Strauss | estrauss@roi-nj.com | acerimrat