Raghuvir Ramanadhan
About Raghuvir Ramanadhan
Raghuvir Ramanadhan is an independent director of Technology & Telecommunication Acquisition Corporation (TETE), age 61, serving on both the Audit Committee and Compensation Committee . He brings 30+ years in enterprise sales and telecom/IT services, currently Sales Director at Capgemini Singapore since November 2021, and previously held senior roles at Amdocs, CSG, and Gilat; he holds an MBA from the National University of Singapore (2004) and an MSc in Mathematics from the University of Madras (1986) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Amdocs | Director of Sales | Feb 2015 – Jul 2019 | Led largest APAC managed services deal and follow-on data center virtualization |
| CSG | Regional Director | Oct 2011 – Feb 2015 | Built sales/support teams across Asia; breakthrough deals totaling over $70 million |
| Gilat (Asia) | General Manager | Aug 2019 – Mar 2020 | Reorganized client-facing/support teams across 4 countries to improve efficiency |
External Roles
| Organization | Role | Tenure | Focus/Impact |
|---|---|---|---|
| Capgemini Singapore | Sales Director | Nov 2021 – present | Regional sales development for consulting/technology services |
| Fourtel Digital (Singapore) | Founder Director | Mar 2020 – present | Digital capability assessments, operating model design, data monetization, marketing/mobility strategy |
Board Governance
- Committee memberships:
- Audit Committee member; Chair: Kiat Wai Du; committee comprises independent directors per Nasdaq and Rule 10A-3 .
- Compensation Committee member; Chair: Virginia Chan; all independent directors; no compensation consultants engaged .
- Director nominations: TETE does not have a standing nominating committee; independent directors (including Ramanadhan) recommend nominees in compliance with Nasdaq Rule 5605 .
- Independence: Ramanadhan is classified as an independent director under Nasdaq’s listing standards .
Fixed Compensation
| Component | Amount/Status | Notes |
|---|---|---|
| Annual cash retainer | None prior to business combination | Company states no cash remuneration paid to directors before consummation of a business combination |
| Committee membership fees | None prior to business combination | No pre-combination director compensation |
| Meeting fees | None prior to business combination | No pre-combination director compensation |
| Other cash compensation | None prior to business combination | No finders/consulting/other fees to directors prior to business combination |
Performance Compensation
| Metric/Instrument | Status | Performance Metrics/Terms |
|---|---|---|
| Equity awards (RSUs/PSUs/options) | None prior to business combination | No director equity awards disclosed or paid pre-combination |
| Bonus/at-risk compensation | None prior to business combination | No at-risk or performance-based director compensation disclosed pre-combination |
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public company boards | None disclosed for Ramanadhan beyond TETE |
| Prior public company boards | Not disclosed; prior roles were executive/management (Amdocs, CSG, Gilat) rather than board appointments |
| Interlocks/committee overlaps | Serves alongside Virginia Chan and Kiat Wai Du on Audit and Compensation Committees; independent oversight described in merger filings |
Expertise & Qualifications
- Enterprise sales leadership and go-to-market execution in telecom/IT services (Capgemini, Amdocs, CSG, Gilat) .
- MBA (National University of Singapore, 2004) and MSc Mathematics (University of Madras, 1986) .
- Committee experience on Audit and Compensation Committees; participates in director nominations per Nasdaq Rule 5605 .
Equity Ownership
| Date (as of) | Shares Beneficially Owned | % of Outstanding Shares |
|---|---|---|
| Dec 28, 2022 | 0 (none reported) | 0% (none reported) |
| Jun 22, 2023 | 0 (none reported) | 0% (none reported) |
| May 23, 2024 | 0 (none reported) | 0% (none reported) |
| Dec 31, 2024 | 0 (none reported) | 0% (none reported) |
- Pledging/hedging: Not disclosed .
- Ownership guidelines: Not disclosed for directors in proxy/10-K excerpts provided .
Governance Assessment
- Strengths: Independent director with deep commercial/operational experience in IT/telecom; active on Audit and Compensation Committees; committee chairs are independent; no director cash/equity pay pre-combination limits pay risk and aligns with SPAC norms .
- Alignment concerns: Ramanadhan reports no beneficial ownership in TETE across multiple years, limiting “skin-in-the-game” alignment common in operating companies; sponsor holds ~53% of shares, concentrating control .
- Potential conflicts: TETE’s Articles include a broad corporate opportunity renunciation favoring sponsor group/related persons, elevating conflict risk; Audit Committee is tasked with related-party oversight .
- Market signal: Nasdaq delisting due to failure to consummate a business combination within SPAC deadlines (Rule IM-5101-2) and transition to OTC trading undermine investor confidence and heighten governance/transaction risk, increasing scrutiny of board effectiveness .
- Compensation committee practices: No use of compensation consultants; CEO not present in votes on his comp; pre-combination prohibition on director compensation reduces pay-related governance risks .
Board Governance (Committee Summary)
| Committee | Ramanadhan Role | Chair | Independence/Notes |
|---|---|---|---|
| Audit | Member | Kiat Wai Du | All independent; meets at least quarterly; oversees auditors, controls, related-party reviews |
| Compensation | Member | Virginia Chan | All independent; no consultants; no director/existing shareholder compensation pre-combination |
| Nominating (function via independent directors) | Participant | N/A | Independent directors recommend nominees; no standing committee charter |
Insider Trades
| Source | Summary |
|---|---|
| GuruFocus aggregator | Lists Ramanadhan as TETE director; no insider buying/selling activity displayed; no Form 4 transaction data available on the tracker page . |
| StockInvest/MLQ aggregators | Reference director status with no transaction amounts shown; no detailed Form 4s surfaced . |
RED FLAGS
- Corporate opportunity renunciation favoring sponsor group can dilute fiduciary rigor; requires vigilant Audit Committee oversight .
- Sponsor concentration: ~53% beneficial ownership by Technology & Telecommunication LLC/Tek Che Ng signals control risk and possible minority shareholder misalignment .
- Delisting and OTC transition due to missed SPAC deadline (Rule IM-5101-2) create operational uncertainty; governance challenge to protect value in extended timeline .
Related Party & Conflicts Notes
- Audit Committee explicitly charged with ongoing review/approval of potential conflicts and related-party transactions per Articles; at least one audit committee financial expert required (committee chair Kiat Wai Du designated) .
- Permissible directors’ interests allowed subject to disclosure; voting permitted on certain matters after disclosure per Articles .
Compensation Committee Analysis
- Composition: Ramanadhan, Chan (Chair), Du—all independent .
- Practices: No compensation consultants; CEO excluded from deliberations on his compensation; no director/existing shareholder compensation pre-combination, limiting pay inflation risk .
- Scope pre-combination: Primarily reviewing prospective arrangements tied to the initial business combination; no active pay programs impacting directors .
Notes on Attendance & Tenure
- Attendance rates: Not disclosed in available filings; Articles describe notice/quorum and allow written resolutions/proxies/technology participation for meetings .
- Director tenure: Ramanadhan signed TETE’s FY2023 Form 10-K as director on March 4, 2024; appointment date not disclosed in excerpts provided .