Infosys CEO resigns after long-running feud with founders

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Go back to Infosys CEO resigns after long-running feud with founders

Infosys (INFY) CEO Vishal Sikka Resigns (earlier)

August 18, 2017 7:32 AM EDT

At its board meeting held on August 18, 2017, the Board of Directors (the Board) of Infosys Limited (NYSE: INFY) accepted the notice of resignation of Dr. Vishal Sikka as the Managing Director and CEO, effective immediately.

In his notice of resignation to the Board, Dr. Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management's ability to accelerate the Company's transformation. The resignation... More