Infosys appoints Salil S. Parekh as CEO and Managing Director

appointed Capgemini executive Salil Parekh as Chief Executive Officer effective January 2, 2018, putting an end to an executive search that lasted for nearly two months.

Parekh was a member of the Group Executive Board at French IT services company Capgemini. He has Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay.

"We are delighted to have Salil joining as the CEO & MD of Infosys. He has nearly three decades of global experience in the IT services industry. He has a strong track record of executing business turnarounds and managing very successful acquisitions. The Board believes that he is the right person to lead Infosys at this transformative time in our industry," Nandan Nilekani, Chairman of Infosys' board, said in a filing on the Bombay Stock Exchange.

Kiran Mazumdar Shaw, who heads Infosys' nomination and remuneration committee, said Parekh was the 'top choice from a pool of highly qualified candidates.'

U B Pravin Rao, who had replaced Vishal Sikka as interim CEO and Managing Director, will step down from that role effective January 2, 2018 and will continue as Chief Operating Officer and a whole-time Director of the Company.
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Vishal Sikka|Salil S. Parekh|Narayana Murthy|Nandan Nilekani|MD|Infosys|CEO
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