Magnit Welcomes New Leadership with Chandra Dhandapani

Magnit Appoints Chandra Dhandapani as New CEO

Magnit™, a prominent figure in contingent workforce management, has announced a significant leadership change with the appointment of Chandra Dhandapani as its new Chief Executive Officer. This transition marks an exciting new chapter for the company as Dhandapani takes over the reins from Teresa Carroll, who has served in the role and will now focus on providing advisory support during this pivotal shift.

Chandra Dhandapani's Impressive Background

Dhandapani comes to Magnit with a robust portfolio of experience, having previously occupied the CEO role at Global Workplace Solutions (GWS) within CBRE, a leading commercial real estate services firm. There, she showcased her strong leadership by overseeing service delivery across various industries, ranging from technology to healthcare and finance. Her notable journey at CBRE also included positions as the inaugural Chief Digital and Technology Officer and Chief Transformation Officer.

Dhandapani's Vision for Magnit

Upon her appointment, Dhandapani expressed her enthusiasm, stating, "I am deeply honored to lead Magnit into its next chapter of transformation and growth. The contingent workforce management market benefits from long-term secular trends, and Magnit is uniquely positioned to capitalize on this opportunity at a global scale through its client-centric approach, proven expertise, innovative technology platform and data intelligence.” She emphasized her eagerness to collaborate with the global team to deliver outstanding value to clients and supplier partners.

Comments from Teresa Carroll

Teresa Carroll shared her thoughts, saying, "I have been privileged to work alongside such a talented and dedicated team and am proud of what we have accomplished together. I am committed to supporting Magnit as an advisor through this transition period and am confident that Chandra will take the company to new heights." Carroll’s legacy at Magnit demonstrates her pivotal role in establishing the company as a leader in the market.

New Board Leadership

In conjunction with Dhandapani's appointment, John Driscoll has stepped into the role of Chairperson of the Board of Directors at Magnit. Driscoll, who brings a wealth of experience from his tenure as President of U.S. Healthcare and Executive Vice President at Walgreens Boots Alliance, expressed excitement about the new leadership. He remarked, "On behalf of the Board, we are thrilled to welcome Chandra as our new CEO. Her exceptional leadership and drive, expertise in digital transformation, and track record of delivering for clients make her an ideal choice for this role."

Rebecca Henderson Joins the Board

In addition to the leadership transition, Magnit's Board of Directors is now strengthened by the addition of Rebecca Henderson. With a distinguished career in human capital management, Henderson previously held the position of CEO of Global Businesses at Randstad, managing a comprehensive global business portfolio. Her expertise and insight will undoubtedly benefit Magnit as it navigates the evolving landscape of workforce management.

About Magnit

Magnit™ is renowned as a global leader and innovator in contingent workforce management, leveraging over three decades of experience to provide state-of-the-art solutions. The company integrates advanced technology, expert services, and a vast data pool into a cohesive platform designed to enhance talent strategies. Organizations can rely on Magnit to improve hiring speed, optimize spending on the workforce, ensure compliance, and enhance access to quality talent, including contingent workers, independent contractors, and gig workers. With a steadfast commitment to excellence, Magnit enables businesses to achieve their workforce objectives effectively.

Frequently Asked Questions

Who is the new CEO of Magnit?

Chandra Dhandapani has been appointed as the new Chief Executive Officer of Magnit.

What previous positions did Chandra Dhandapani hold?

Before joining Magnit, Dhandapani served as CEO of Global Workplace Solutions at CBRE and held various leadership roles at Capital One.

What did Teresa Carroll say about her transition?

Teresa Carroll expressed pride in her team's accomplishments and commitment to support Magnit as an advisor during the transition period.

Who has joined the Board of Directors alongside Chandra Dhandapani?

Rebecca Henderson has joined Magnit's Board of Directors, bringing her extensive experience in human capital management.

What is the focus of Magnit as a company?

Magnit focuses on contingent workforce management through innovative technology and services, helping organizations optimize their talent strategies.

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