People to Watch in International Business

FRANCISCO D'SOUZA Outstanding Outsourcer

As companies send software development abroad, sales at IT outsourcing firm Cognizant Technology Solutions have boomed, from $89 million in 1999 to $229 million three years later. D'Souza, 35, built that growth as head of operations in North America and Europe for the New Jersey--based company. Now he's COO. His plan: court European clients and expand in India, where the company is building a facility for 6,500 software pros. Next up: China, where Cognizant won its first client last year.

MICHAEL PHALEN Dough Boy

As an investment banker who helped take Krispy Kreme Doughnuts public, Phalen, 33,...

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