Salil S. Parekh Appointed CEO and MD of Infosys

Infosys Ltd. on Saturday named Capgemini veteran Salil S. Parekh as CEO and MD, filling the vacancy created at the top following the sudden resignation of Vishal Sikka on August 18. Mr. Parekh, who holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University and was a member of the Group Executive Board at Capgemini, will join Infosys on January 2, 2018.

“There are multiple fits in the IT services industry,” Sanchit Vir Gogia, chief analyst, founder and CEO of Greyhound Research, said in a telephone interview. “Salil understands the Indian perspective and more importantly, he has the blessings of Nandan Nilekani and Mr. Murthy,” he said.

Still, Mr. Parekh had some “gearing up to do” as he had never headed a listed firm, Mr. Gogia added.

[Source]

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Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Knowledge Group, a Global Strategy & Transformation Research, Advisory & Consulting Firm. To read more about him, click here.


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