IT major Infosys announced that its Board of Directors has reappointed Salil S. Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the Company effective from July 1, 2022, for a period of five years till March 31, 2027, subject to the approval of shareholders. This is based on the recommendations of the Nomination and Remuneration Committee (NRC) and is subject to the approval of shareholders.
Salil Parekh has been the Chief Executive Officer and Managing Director of Infosys since January 2018 and has successfully led Infosys over the last 4 years. He has more than thirty years of global experience in the IT services industry with a strong track record of driving digital transformation for enterprises, executing business turnarounds, and managing successful acquisitions.
Important takeaways for all competitive exams:
- Infosys Founded: 2 July 1981, Pune;
- Infosys Headquarters: Bengaluru;
- Infosys Founders: N.r. Narayana Murthy and Nandan Nilekani.