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Infosys to appoint Vishal Sikka as CEO, MD

Staff writer | Bangalore, India | June 12, 2014
Vishal SikkaJune 12, 2014, Bangalore, India - Infosys announces the selection of Vishal Sikka as the chief executive officer and managing director 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.

Dr. Sikka was, until recently, a member of the Executive Board of SAP AG, leading all products and driving innovation globally. 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. In addition, he led multiple initiatives to accelerate innovation and research at SAP.

He founded IBrain Software, in 1997. Dr. Sikka was at Xerox as a researcher in their Palo Alto lab. He has extensive experience with internet, aggregation and distributed e-commerce research using database and knowledge-based technologies. He served as Member of Advisory Board of Coghead, Inc. since October 2006. He holds a Ph.D. in computer science from Stanford University, USA.

The Board has also elevated U.B. Pravin Rao, President and whole-time director, as Chief Operating Officer, with effect from June 14, 2014.

The Board also announced the following changes:

N.R. Narayana Murthy 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 October 10, 2014 as the Non-executive Chairman and Non-executive Vice Chairman, respectively.

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.

S. D. Shibulal will step down as CEO & MD and from the Board on July 31, 2014.

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.