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Under fire from investors, Infy CEO rejigs top team

Sikka also wrote to employees expressing his disappointment with the company for not meeting targets

Apurva Venkat  |  Bengaluru 

Under fire from investors on the less-than-expected first quarter results and a cut in the yearly forecast, Infosys Chief Executive Officer Vishal Sikka has done a rejig of his top team. The aim is to focus on larger deals and acquire niche companies, in line with his ‘Vision 2020’. Sikka has expanded the role of former SAP executive Ritika Suri, heading the $500-million innovation fund, to lead the team for large deals. Veteran Deepak Padaki, chief risk officer and head of strategy, would lead the team for mergers and acquisitions. Sudhir Jha has been roped in from ...

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Under fire from investors, Infy CEO rejigs top team

Sikka also wrote to employees expressing his disappointment with the company for not meeting targets

Sikka also wrote to employees expressing his disappointment with the company for not meeting targets Under fire from investors on the less-than-expected first quarter results and a cut in the yearly forecast, Infosys Chief Executive Officer Vishal Sikka has done a rejig of his top team. The aim is to focus on larger deals and acquire niche companies, in line with his ‘Vision 2020’. Sikka has expanded the role of former SAP executive Ritika Suri, heading the $500-million innovation fund, to lead the team for large deals. Veteran Deepak Padaki, chief risk officer and head of strategy, would lead the team for mergers and acquisitions. Sudhir Jha has been roped in from ... image
Business Standard
177 22

Under fire from investors, Infy CEO rejigs top team

Sikka also wrote to employees expressing his disappointment with the company for not meeting targets

Under fire from investors on the less-than-expected first quarter results and a cut in the yearly forecast, Infosys Chief Executive Officer Vishal Sikka has done a rejig of his top team. The aim is to focus on larger deals and acquire niche companies, in line with his ‘Vision 2020’. Sikka has expanded the role of former SAP executive Ritika Suri, heading the $500-million innovation fund, to lead the team for large deals. Veteran Deepak Padaki, chief risk officer and head of strategy, would lead the team for mergers and acquisitions. Sudhir Jha has been roped in from ...

image
Business Standard
177 22