Infosys to Appoint Vishal Sikka as CEO & Managing Director
The Infosys Board of Directors has announced the selection of Dr. Vishal Sikka as the Chief Executive Officer (CEO) 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. He will take over as CEO & MD from S. D. Shibulal on August 1, 2014.
The Board has also elevated Mr. U.B. Pravin Rao, President and whole-time director, as Chief Operating Officer, with effect from June 14, 2014.
[ Also Read: Can Narayana Murthy Save the Sinking Infosys Ship? ]
Dr. Vishal Sikka was, until recently, a member of the Executive Board of SAP AG. At SAP, he was responsible for all products, from traditional and cloud-based applications to technology and platform products including HANA, analytics, mobile and middleware. He holds a Ph.D. in computer science from Stanford University, USA.
“I am honored to lead Infosys,” said Dr. Sikka.
Meanwhile, N.R. Narayana Murthy (pictured above) and 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 Oct. 10, 2014 as the Non-executive Chairman and Non-executive Vice Chairman, respectively.
Based in India, Infosys is tech services company, offering consulting, technology, and outsourcing solutions.
Photo courtesy: Infosys