Infosys Technologies may ask SD Shibulal, one of its founders, to become the CEO of the company some time in April this year as part of a regular reshuffle of the top deck, reports the Economic Times. Infosys started following the practice of changing its CEO regularly to give all the founders a shot at running the company, the report highlighted. The move will ensure that the transition is smooth and the management has enough bandwidth to deal with Murthy's August departure, explained the report. NR Narayana Murthy, chief mentor of Infosys, is expected to retire from the company in August this year.
Source: The Economic TimesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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