Company: HCTI
Filing Date: 2025-04-11
Form Type: 8-K
Source: 0001213900-25-030806
Chunk: 2

Company: Healthcare Triangle, Inc.
Filing Date: 2025-04-11
Form: 8-K
Item: Item 5.02
Chunk 2
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 the technology and financial services industry, having previously served as Global Head of Strategic Initiatives at Citigroup
(2006 - 2024), where she held senior leadership roles and led operational transformation, governance, risk management, financial optimization,
and technology modernization across global markets. Prior to Citigroup, she held leadership positions at Publicis Sapient, Infinite Computer
Solutions, and Capgemini (formerly iGATE Global Solutions), managing technology projects and digital transformation initiatives across
North America, Europe, Asia, and Latin America. A recognized industry thought leader and honored listee in Who’s Who in America,
Ms. Ramesh has spoken at global forums and served as a guest speaker at academic institutions, mentoring future leaders. Ms. Ramesh holds
an MBA from NYU Leonard N. Stern School of Business and a Master of Science (MS) in Information Systems and Applications.

Ms. Ramesh’s initial term will expire at the Company’s
next annual meeting of stockholders or their earlier resignation or removal. As of the date of this Current Report on Form 8-K,
neither Ms. Ramesh nor any of their immediate family members is a party, either directly or indirectly, to any transaction that would
be required to be reported under Item 404(a) of Regulation S-K, nor is Ms. Ramesh party to any understanding or arrangement pursuant to
which they will be appointed as a director. Ms. Ramesh does not have any family relationship with any director or executive
officer of the Company.

Ms. Ramesh will be compensated in accordance with
the Company’s standard compensation policies and practices for the Board, the components of which were disclosed in the Company’s Form
10-K filed with the Securities and Exchange Commission on March 31, 2025.

On April 11, 2025, the Company issued a press
release announcing Mr. Ayanoglou’s appointment as Chief Financial Officer of the Company, resignation of Mr.
Thyagarajan, and appointment of Ms. Ramesh as the Director of the Company. A copy of the press release is attached as Exhibit 99.1 and
incorporated by reference herein.

Item 9.01. Exhibits.

(d) Exhibits

  Exhibit No.      Description                                                                                            
         10.1      Employment Agreement between Healthcare Triangle, Inc. and Mr. David Ayanoglou, dated April 10, 2025.  
         99.1