Infy has a new CEO in Salil S Parekh

Infosys appoints Salil S Parekh as CEO: Some key facts

Salil Satish Parekh, who lost out to Vishal Sikka the last time Infosys was hunting for a new chief executive officer in 2014, has now been tasked with leading the company a little over four months after Sikka's acrimonious exit from Infosys, with chairman Nandan Nilekani and the board of India's second largest outsourcing firm putting their faith on a technology industry veteran of almost three decades. Sahil Parekh was already a member of the Group Executive Board at French IT services company Capgemini.

Prior to his work at Capgemini, where he has spent over 25 years, Parekh has also served as a partner at Ernst & Young, or EY, a multinational accounting firm and consultancy, according to his LinkedIn profile.

Salil Parekh will be effectively appointed as Infosys CEO on January 2, 2018. With over 30 years of global experience in the IT services industry, Parekh's strong track record of executing business turnarounds and managing successful acquisitions has always been a talking point among his peers. "The board believes that he is the right person to lead Infosys at this transformative time in our industry", Infosys chairman Nandan Nilekani said in a statement on Saturday. Parekh's appointment puts an end to the over two months of executive search at Infosys.

1- Parekh has a Bachelor of Technology (B.Tech.) degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay (IIT-B) which he completed in 1986.

Parekh, joined Capgemini in 2000 after the company bought the consulting arm of Ernst and Young.




This time round co-founder Nandan M. Nilekani was recalled, a week after Sikka's resignation, to run the company as non-executive chairman and find a new CEO.

This is the second time the company is bringing in an outsider for the top job.

A major one would involve maintaining peace between the founders and the management, they said, adding that Parekh's performance would also depend on the how much independence he gets in decision making. Parekh will assume office from January 2, 2018 for a period of 5 years, a statement filed by the company to stock exchanges mentioned.

He has held several position at Salil Parekh Capgemini.

7- He was named a deputy CEO of Capgemini in March 2015. "With his strong track record and extensive experience, we believe, we have the right person to lead Infosys", Kiran Mazumdar-Shaw, chairperson of the nomination& remuneration committee, said.

Related news:

Hot News

isis-killer-beheading-video-story-top South says North Korea's latest missile test is bigger threat
Dec 04, 2017 - 00:17
It showed a capacity to improve upon its existing designs and to design new missiles independently. However, North Korea's leader Kim Jong-un called the launch "impeccable" and a "breakthrough".

isis-killer-beheading-video-story-top Mueller removes Federal Bureau of Investigation agent from Russian Federation probe for anti-Trump messages
Dec 03, 2017 - 00:39
According to that same memo, Trump specifically told Comey in that conversation that Flynn had done nothing wrong. There's been absolutely, absolutely no collusion, so we're very happy.

isis-killer-beheading-video-story-top Final thoughts, score predictions ahead of SEC Championship
Dec 03, 2017 - 00:39
But, of course, the game is not being played at Jordan-Hare, but at a neutral site - one which might tilt towards the Bulldogs. A finalist for three national awards, the 225-pound junior leads a Georgia defense that has allowed just 13.8 points per game.

isis-killer-beheading-video-story-top Alfa Romeo Sauber unveil slick F1 vehicle and young driver
Dec 03, 2017 - 00:38
Formula 2 champion Charles Leclerc will drive for the Alfa Romeo-backed Sauber team next season alongside Sweden's Marcus Ericsson .

isis-killer-beheading-video-story-top Yemen's deadly civil war takes an unexpected turn
Dec 03, 2017 - 00:37
He told Yemenis all across the country that if they support him, "to defend the nation, the republic and the revolution".

isis-killer-beheading-video-story-top Margot Robbie confirms "totally separate" Harley Quinn movie
Dec 03, 2017 - 00:36
But you also can't be kind of paralyzed by the idea of 'How do we please everyone?' because it's just not going to happen. Margot Robbie's Harley Quinn left quite an impression on moviegoers (and Warner Bros. executives) a year ago .

isis-killer-beheading-video-story-top All Black Sevens beaten in Dubai final
Dec 03, 2017 - 00:33
A dominant first-half display from the Blitzboks saw them lead 19-0 at half-time, playing a 6 man New Zealand at a stage. Senatla scored another try to put South Africa 12-0 up in the tie, following the first minute opener from Cecil Afrika.

isis-killer-beheading-video-story-top Micromax Bharat 5 With 5000mAh Battery Launched For Rs. 5555
Dec 02, 2017 - 00:23
As evident from its naming scheme, the Bharat 5 is the newest member of Micromax's made-for-India "Bharat" branded handset range. The tagline, it says "Witness the Power of 5 ", which could mean that the smartphone could sport a large battery backup.

isis-killer-beheading-video-story-top Yogi credits Modi for BJP's resounding performance in UP civic polls
Dec 02, 2017 - 00:22
Prime Minister Narendra Modi has tweeted his congratulations to CM Adityanath and party workers on the BJP's emphatic victory. The assembly elections in March too witnessed a split in Muslim votes between SP and BSP.

isis-killer-beheading-video-story-top Mississippi State is Considering Penn State's Joe Moorhead for Head Coaching Vacancy
Dec 02, 2017 - 00:21
In the two years before Moorhead arrived in Happy Valley, Penn State's average rank was No. 99 nationally in yards per play. Barkley said the Bulldogs "got a great one" and wished Moorhead "nothing but success".

isis-killer-beheading-video-story-top RIDLEY Says She's Done as REY After STAR WARS: EPISODE IX
Dec 02, 2017 - 00:21
The Last Jedi opens in theaters in just a couple of weeks, so Star Wars fan fever is starting to swell once more. These are all questions that will be answered over the course of this Star Wars trilogy.

isis-killer-beheading-video-story-top Long Island iced tea for $1 at Applebee's
Dec 01, 2017 - 05:42
According to a statement from Applebee's, the drink is "available all day, every day" at participating locations. Applebee's offered a similar promotion with $1 margaritas - the " Dollarita " - in October.

isis-killer-beheading-video-story-top 'No Justice': Verdict in Steinle Case Rekindles Immigration Debate
Dec 01, 2017 - 05:39
The weapon, as it turned out, had been stolen from a federal Bureau of Land Management ranger a week before. The bullet ricocheted on the pier's concrete walkway and fatally struck Steinle in the back.

isis-killer-beheading-video-story-top This is the man who deactivated Trump's Twitter account
Dec 01, 2017 - 05:39
As Duysak explains in the interview, a lot of Twitter users were very, very angry, while others were thrilled. I had to delete hundreds of friends because reporters are stalking me. "I want to continue an ordinary life".

isis-killer-beheading-video-story-top Nissan Kicks succeeds the Juke with less polarizing looks
Dec 01, 2017 - 05:39
Front-wheel drive is standard, and all-wheel drive will not be available on any variant of the Kicks for the US market. The base Kicks S model receives 16-inch steel wheels, while higher-trim SV and SR models earn 17-inch alloy wheels.