Infosys independent director not to seek re-appointment

Infosys independent director Ann Fudge will not seek re-appointment after completing her term June 14 owning to her busy schedule.

"Fudge has conveyed her intention not to seek re-appointment after completing her term on the board June 14 owning to her busy schedule," the IT bellwether said in a statement Monday.

The company's board has seven independent directors and six executive directors.

"I thank Ann for her seminal contribution to the company. The board will miss Ann's wisdom, insight and analysis. We wish her all the best for the future," Infosys co-founder and chairman N.R. Narayana Murthy said in the statement.

"Due to increasing time commitments on other boards, I have decided not to seek re-appointment on the board. With the addition of new board members and a solid succession plan in place, I know the company is well-positioned for success," Fudge said.

Meanwhile, the board has recently appointed Carol M. Browner, distinguished senior fellow at the centre for American progress and counsellor to the Albright Stonebridge group, as an additional director.

"Browner appointment will, however, be effective when she receives her director identification number from the union ministry of corporate affairs," the statement noted.