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HOFFMAN ESTATES, Ill., Jan. 23, 2024 /PRNewswire/ -- Vistex today announced the unexpected passing of Vistex Founder, CEO and Chief Architect Sanjay Shah. Sanjay Shah and Raju Datla, Chairman of Vistex, were seriously injured in a tragic accident at a company event on January 18, 2024. Vistex confirms that Sanjay Shah has passed away and Raju Datla remains in hospital.
The company's deepest thoughts and condolences go out to Sanjay's family and to all those who knew Sanjay both professionally and personally. Sanjay Shah was an extraordinary leader whose presence permeated the work life of every Vistex associate and colleague. His leadership and presence were truly unique; Sanjay will be deeply missed by all.
Right now, our focus is on mourning Sanjay. Further communications will be provided after the official mourning period has ended.
About Sanjay Shah Sanjay Shah's story began when he left Mumbai, India, to attend Lehigh University Business School, where he earned his MBA in 1989 at the age of 21. He held positions at PricewaterhouseCoopers and General Motors before moving to Germany to work for software giant SAP.
After leaving SAP, he founded Vistex and over two and a half decades, Vistex has expanded its operations globally and expanded its portfolio across 15 industries. As a self-made entrepreneur, Shah had a deep desire to give back. As part of Vistex's corporate social responsibility initiatives, Shah formed the Vistex Foundation, which provides grants to nonprofit organizations focusing on health, education and basic needs programming, as well as Vistex Endeavor, an organization Employee-focused charity that encourages volunteerism throughout the company.
Shah, passionate about lifelong learning, donated $5 million to Lehigh University to establish the Vistex Institute for Executive Learning and Research. In 2020, Vistex Hospital was opened in Bihar, India, serving the community with primary and secondary care; and in recent years, the hospital was recognized as a national Covid-19 model center.
About VistexVistex solutions help businesses take control of their mission-critical processes. With a multitude of programs covering pricing, trading, royalties and incentives, it can be difficult to see where all the money is flowing, let alone how much of a difference it makes to revenue and the bottom line. With Vistex, business stakeholders can look at the numbers, see what's really working and what to do next, to ensure that every dollar spent or earned is truly driving growth, and not just additional costs. The world's leading companies across a spectrum of industries rely on Vistex every day to drive their businesses. Visit www.vistex.com.
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