Infosys president Rajesh Murthy resigns - News Summed Up

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Infosys president Rajesh Murthy resigns

BENGALURU: Infosys said one of its three presidents, Rajesh Murthy , had resigned, the first executive exit since Salil Parekh took over as chief executive officer.Analysts had hoped that Parekh's entry into the company would not be followed by management exits. Infosys needed management stability to weather the changes in the company and the industry, they had said.Murthy, who has been with Infosys for over 25 years, is leaving for 'personal reasons' the company said. His last day at Infosys will be at the end of the January. Murthy was responsible for Energy, Utilities, Telecommunications and Services. He also led Infosys' consulting and Europe business.

Source: Economic Times January 12, 2018 11:03 UTC