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CitiusTech Elevates Dhaval Shah to Acting Chief Executive Officer and Shyam Karunakaran to President

PRIVATEAug 17, 2026
Internal move“elevation of Dhaval Shah to Acting Chief Executive Officer”

Position

President

Company

CitiusTech

Shyam Karunakaran
PrincetonInformation TechnologyConsultinginformation technology & services

Description

CitiusTech has announced the elevation of Dhaval Shah to Acting Chief Executive Officer and Shyam Karunakaran to President. These leadership changes reflect a strong succession planning strategy at the company, positioning it for future growth.

Quick answer

CitiusTech Elevates Dhaval Shah to Acting Chief Executive Officer and Shyam Karunakaran to President (August 17, 2026). CitiusTech is based in Princeton, New Jersey, United States.

Who is the new President at CitiusTech?
CitiusTech named Shyam Karunakaran President, announced August 17, 2026.
What did CitiusTech announce on August 17, 2026?
CitiusTech has announced the elevation of Dhaval Shah to Acting Chief Executive Officer and Shyam Karunakaran to President. These leadership changes reflect a strong succession planning strategy at the company, positioning it for future growth.
What does CitiusTech do?
CitiusTech is a global technology services, consulting, and business solutions enterprise 100% focused on the healthcare and life sciences industry.
Where is CitiusTech based?
CitiusTech is based in Princeton, New Jersey, United States.
Which similar companies made leadership changes around the same time?
Rackspace Technology (August 13, 2026), D-Wave Quantum (August 25, 2026), Net at Work (August 27, 2026) and Unit 221B (July 31, 2026) also announced leadership changes within 45 days of CitiusTech.

Source: Fundz verified event record.

Other recent leadership changes in Consulting and information technology & services

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at CitiusTech, and when

A new leader at CitiusTech brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

CitiusTech

Location

2 Research Way

Princeton, New Jersey, United States

About

CitiusTech is a global technology services, consulting, and business solutions enterprise 100% focused on the healthcare and life sciences industry. We enable 140+ enterprises to build a human-first ecosystem that is efficient, effective, and equitable. Leveraging deep domain expertise and next-generation technologies including AI, Cloud, Data, and Intelligent Automation, we assist our clients in realizing their vision, accelerate transformation, and achieve business outcomes. With over 8,500 healthcare technology professionals worldwide, CitiusTech powers digital innovation, business transformation, and industry-wide convergence through next-generation technologies, solutions, and products.

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CitiusTech changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.