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4 December, 2017 00:00 00 AM
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Infosys appoints Salil Parekh as CEO

AFP

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.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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