Infosys has had a bumpy year with multiple heads resigning from the company over issues with the founder Narayana Murthy. The former CEO of Infosys, Vishal Sikka, stepped down from his position in August last year after a prolonged standoff with the promoters. The company has been on a lookout for a new head since then. Salil Parekh will be replacing the interim CEO U. B. Pravin Rao.
At Infosys, Parekh will be working with co founder, Nandan Nilekani, who was recently named as the Non Executive Chairman of the company. Parekh also received the green signal from Infosys co founder Narayana Murthy, unlike Sikka. Parekh will be responsible for bringing stability to the company, shore up their outsourcing business, retain talent and carry forward Sikka’s automation strategy.
Salil Parekh, 53, a former member of the Group Executive Board at Capgemini is to take charge of Infosys on January 2, 2018, for a period of five years.
This is the second time that Infosys has chosen an external candidate to lead its operations. Vishal Sikka was the first non-founder CEO.
Salil Parekh ticks all the right boxes without upsetting the apple cart - it's the external play, without the risky unknowns that a guy like Vishal brings. Firstly, Salil is not just a services man, but also a real consulting man.
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