Mumbai: Vishal Sikka, the Chief Executive Officer (CEO) and Managing Director (MD) of techonology giant Infosys has resigned from his position.
Sikka will however continue as the Executive Vice Chairman of the company. Meanwhile, U B Pravin Rao has been appointed as the CEO and MD of Infosys.
“The succession plan for appointment of a new Managing Director and Chief Executive Officer has been operationalised by the Board and a search for the same has been commenced,” read a statement released by the company.
In his resignation letter to the company, Sikka cited a “stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management’s ability to accelerate the Company’s transformation”.
Read more at:the asian age