Business Companies 13 Apr 2017 Infosys takes Ravi V ...

Infosys takes Ravi Venkatesan on board amid tussle with founders

PTI
Published Apr 13, 2017, 10:48 am IST
Updated Apr 13, 2017, 1:26 pm IST
Venkatesan will help enhance board engagement in supporting management in execution of company strategy.
Ravi Venkatesan (Photo: Infosys.com)
 Ravi Venkatesan (Photo: Infosys.com)

Bengaluru: Infosys today appointed Independent Director Ravi Venkatesan co-chairman amid calls from founders to diversify the board.

The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.

 

"Ravi will help me enhance the board engagement in supporting the management in execution of the company's strategy," R Seshasayee, Infosys Chairman, said in a statement.

Venkatesan, who has been on the Infosys board since April 2011, has made "valuable contribution to the development of strategic direction of the company during his tenure", the company said.

"This is an exciting time for the technology industry and I am delighted to have the opportunity to work more closely with Sesh (Seshasayee), Vishal and his leadership team in their transformational journey," Venkatesan said.  

 

...
Location: India, Karnataka, Bengaluru




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
-->