2024-01-23 20:26:15
HOFFMAN ESTATES, Ill., March 20, 2020 /PRNewswire/ — Vistex announced today the unexpected death of Sanjay Shah, founder, CEO and chief architect of Vistex. Sanjay Shah and Raju Datla, Chairman of Vistex, were seriously injured in a tragic accident that occurred at a company event on January 18, 2024. Vistex confirms that Sanjay Shah has passed away and Raju Datla is still in the hospital.
The company’s thoughts are with Sanjay’s family and all those who knew Sanjay professionally and personally, and extends its deepest condolences. Sanjay Shah was an outstanding leader whose presence shaped the working life of every employee and colleague at Vistex. Sanjay’s leadership qualities and presence were truly one of a kind and he will be sorely missed by all.
At the moment, mourning for Sanjay is our top priority. We will provide you with further information following the official mourning period has ended.
Information regarding Sanjay Shah
Sanjay Shah’s bootstrap story began following he left Mumbai, India, to attend Lehigh University’s 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, where he worked for the software giant SAP.
After leaving SAP, he founded Vistex, which has expanded its operations globally over two and a half decades, expanding its portfolio across 15 industries. As a self-made entrepreneur, Shah had a deep-rooted desire to give back. As part of Vistex’s corporate social responsibility initiatives, Shah founded the Vistex Foundationwhich supports nonprofit organizations focused on health, education and basic needs, as well Vistex Endeavoran employee-run charity that promotes volunteerism within the company.
Because lifelong learning was close to Shah’s heart, he donated $5 million to Lehigh University to establish the Vistex Institute for Executive Learning and Research. In 2020 that was Vistex Hospital in Bihar, India, where the community receives primary and secondary health care. The hospital was also recently recognized as a national model Covid-19 facility.
About Vistex Vistex solutions help companies gain control of their business-critical processes. With so many programs spanning pricing, trading, royalties, and incentives, it can be difficult to see where all the money is going, let alone how much of an impact it has on sales and the bottom line. With Vistex, company stakeholders can look at the numbers, see what’s really working, and figure out what to do next. This way they can ensure that every dollar spent or earned actually contributes to growth and not just adds costs. The world’s largest companies across a wide range of industries rely on Vistex every day to drive their business. visit www.vistex.com.
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Questions & Contact:
Vistex,
Inc.,
Alex Dehnert,
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alex.dehnhert@vistex.com
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