BURLINGTON, Mass., April 13, 2016 /PRNewswire/ -- Decision Resources Group (DRG), a subsidiary of India-based Piramal Enterprises Limited (Piramal), today announced that its Board of Directors has appointed Jonathan Sandler as the company's new Chief Executive Officer. Sandler, who also serves as DRG Board chairman and Managing Director of IndUS Growth Partners, the North American Strategic Investment affiliate of Piramal, succeeds James Lang, who has served as CEO for three years and will continue to be affiliated with DRG in an advisory capacity.
Sandler's appointment follows the joint decision of Lang and the DRG Board for Sandler to assume the CEO role, as DRG continues to focus on operationalizing the earlier-announced unification of its portfolio of best-in-class companies under one brand. "My passions and strengths fundamentally center around strategic business transformation," explained Lang. "As DRG is completing its 'business reinvention' phase and shifting its focus toward executional excellence, Jon's experience and focus make him ideally suited to lead DRG's next growth stage."
"Jim and I have worked together very closely over the past few years," said Sandler. "I value Jim as a colleague and appreciate his enormous contributions to DRG. He has created a fantastic business platform and management team, and I look forward to leading the company from strength to strength."
Sandler brings a wealth of operating experience to the CEO role. He has been a member of the Piramal executive team since 2011. Prior to joining Piramal, Sandler spent 17 years as an operating executive at the Kessler Group, a Boston-based financial services boutique. During his tenure at Kessler, Sandler served in numerous senior executive roles, including the first Vice Chairman of the Group, founding CEO of Kessler International, founding CEO of Kessler Capital and Group Chief Financial Officer. In these roles, Sandler was responsible for driving the company's growth, diversification, global expansion, operating effectiveness and profit expansion. He was also responsible for structuring the company's complex financial transactions and managing relationships with banks and investors.
About Decision Resources Group
DRG, a subsidiary of Piramal Enterprises Ltd., offers best-in-class, high-value data, analytics and insights products and services to the healthcare industry, delivered by more than 1000 employees across 17 offices in North America, Europe and Asia. DRG provides the Life Sciences, Provider, Payer and Financial Services industries the data, tools, insights and advice they need to compete and thrive in an increasingly complex and value-based marketplace. decisionresourcesgroup.com.
About Piramal Enterprises Ltd.
Piramal Enterprises Ltd. (PEL) is one of India's large diversified companies, with a presence in the healthcare, financial services and information management sectors. In the healthcare space, PEL is one of the leading custom manufacturing players globally, has a presence in the global critical care segment with a portfolio of inhalation and injectable anaesthetics, and its OTC business is ranked no. 7 in India. PEL also has a strong presence in the Financial Services space in India, principally investing in sectors such as Real Estate and Infrastructure, and has strategic equity investments in Shriram Group, a leading financial services conglomerate of India. PEL acquired DRG in 2012 as the cornerstone of its entry into the global information management industry. piramal.com.
SOURCE Decision Resources Group