Kamath Comes, Murthy Goes from Infosys

The Board of Directors of the Indian tech company Infosys Technologies met Saturday and announced the following changes to the Board.

N. R. Narayana Murthy appointed Chairman Emeritus.

K. V. Kamath named as the Chairman of the Board (pictured above).

S. Gopalakrishnan named as the Co-Chairman of the Board.

S. D. Shibulal named as the Chief Executive Officer and Managing Director.

The decision of the Board is based on the recommendations of the Nominations Committee.

[ Also Read: Why Companies Like Infosys Consistently Fail ]

Speaking on the occasion, Prof. Jeffrey S. Lehman, chairman of the Nominations Committee said, “This is a great moment for Infosys. These three leaders meld an extraordinary range of talents and experiences with a united commitment to drive the company to unprecedented levels of accomplishment while remaining true to its historic values. We could not be in better hands.”

The appointments are effective from August 21, 2011.

Photo courtesy: Infosys Technologies

RMN News

Rakesh Raman