Infosys to appoint Dr. Vishal Sikka as Chief Executive Officer & Managing Director
Bangalore - June 12, 2014 : The Infosys Board of Directors is pleased to announce the selection of Dr. Vishal Sikka as the Chief Executive Officer and Managing Director (CEO & MD) of the company. Dr. Sikka will be inducted as a whole-time director of the Board and CEO & MD (Designate) on June 14, 2014.
Mr. N.R. Narayana Murthy and Mr. S. Gopalakrishnan will voluntarily step down as Executive Chairman and Executive Vice Chairman, respectively, on June 14, 2014. In order to facilitate a smooth transition of responsibilities, they will continue on the Board till October 10, 2014 as the Non-executive Chairman and Non-executive Vice Chairman, respectively
Mr. K. V. Kamath will become the Non-executive Chairman of the Board on October 11, 2014
Mr. Murthy will be designated as Chairman Emeritus with effect from October 11, 2014 in recognition of his contributions to the company
Mr. S. D. Shibulal will step down as CEO & MD and from the Board on July 31, 2014
Mr. Srinath Batni, whole-time Director of the company, will step down from the Board on July 31, 2014
In addition, the company has elevated twelve leaders to the position of Executive Vice President with additional responsibilities
The Executive Chairman’s office will be dissolved with effect from June 14, 2014. Dr. Rohan Murty, whose appointment was co-terminus with the Executive Chairman, will leave the company on June 14, 2014. The remaining members of the Chairman’s office will take up other responsibilities in the company.