Infosys has appointed Vishal Sikka, former CTO of SAP, as the chief executive officer and managing director of the company. Sikka will be inducted as a whole time director of the board and CEO & MD on June 14, 2014. He will take over as CEO & MD from SD Shibulal on August 1.
Executive chairman NR Narayana Murthy and his son Rohan Murty will leave the company by October, almost four years ahead of Murthy’s designated term.
Vishal Sikka was, until recently, a member of the executive board of SAP, leading all products and driving innovation globally. The Baroda-born Sikka, the brain behind game-changing HANA platform that converges database and application platform capabilities in-memory to transform transactions, analytics, text analysis, predictive and spatial processing so businesses can operate in real-time. At SAP, he was responsible for all products, from traditional and cloud-based applications to technology and platform products including HANA, analytics, mobile and middleware. In addition, Sikka led multiple initiatives to accelerate innovation and research at SAP. He holds a PhD in computer science from Stanford University.
Vishal Sikka. Photo courtesy: SAP TV
Sikka said, “I am honored to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world. Computing technology is reshaping every industry across every walk of life. We, at Infosys, have a unique opportunity to deliver breakthrough solutions that will bring greater value to our clients, employees, investors and other stakeholders. I am grateful to the Infosys Nominations and Governance Committee, Kamath, Murthy and the board for this opportunity.”
The board has also elevated UB Pravin Rao, president and whole-time director, to chief operating officer, with effect from June 14.
“I am pleased with the selection of Vishal Sikka as our new CEO.” said executive chairman, NR Narayana Murthy. “Vishal brings valuable experience as a leader of a large, global corporation. His illustrious track record and value system make him an ideal choice to lead Infosys. On behalf of all of us at Infosys, I would like to thank Gopalakrishnan, Shibulal and Batni for their contributions.”
Murthy and S Gopalakrishnan will voluntarily step down as executive chairman and executive vice chairman, respectively, on June 14. Murthy will be designated as chairman emeritus with effect from October 11, 2014 in recognition of his contributions to the company. In order to facilitate a smooth transition of responsibilities, they will continue on the board till October 10 as the non-executive chairman and non-executive vice chairman, respectively. Srinath Batni, whole-time director of the company, will step down from the board on July 31.
Infosys’s family (from left) daughter Akshata, Sudha Murty, daughter-in-law Lakshmi Venu, Narayana Murthy and son Rohan in Bangalore. (TOI photo)
The executive chairman’s office will be dissolved with effect from June 14. Rohan Murty, whose appointment was co-terminus with the executive chairman, will leave the company on June 14. The remaining members of the chairman’s office will take up other responsibilities in the company.