Infosys appoints Salil Parekh as CEO

AFP, NEW DELHI: Indian IT giant Infosys on Saturday named outsider Salil Satish Parekh as chief executive, months after its top boss quit following a showdown with its founders.

Parekh, an executive at French consultancy firm Capgemini, will start a five-year stint in charge of the information technology behemoth from January 2, a statement said.

The Infosys board met at the headquarters in Bangalore on Saturday to confirm Parekh’s appointment as CEO and managing director, according to a filing to the Mumbai stock exchange.

His predecessor Vishal Sikka quit the company in a surprise move in August amid boardroom tensions.

Sikka had come under fire from some founders over his style of corporate governance and salary increases for top executives.

 

Infosys appoints Salil Parekh as CEO

AFP, NEW DELHI: Indian IT giant Infosys on Saturday named outsider Salil Satish Parekh as chief executive, months after its top boss quit following a showdown with its founders. Parekh, an executive at French consultancy firm Capgemini, will start a five-year stint in charge of the information technology behemoth from January 2, a statement said. The Infosys board met at the headquarters in Bangalore on Saturday to confirm Parekhs appointment as CEO and managing director, according to a filing to the Mumbai stock exchange. His predecessor Vishal Sikka quit the company in a surprise move in August amid boardroom tensions. Sikka had come under fire from some founders over his style of corporate governance and salary increases for top executives.