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The appointment of Dr. Vishal Sikka as the Chief Executive Officer and Managing Director (CEO & MD) of Infosys, is expected to end the uncertainty at Infosys. Dr. Sikka will be inducted as a whole-time director of the Board and CEO & MD (Designate) on June 14, 2014. He will take over as CEO & MD from S. D. Shibulal on August 1, 2014.
The Infosys board has also elevated U.B. Pravin Rao, President and whole-time director, as Chief Operating Officer, with effect from June 14, 2014.
“The new CEO will have to move very quickly to first calm the three key stakeholders, employees, customers and the investors, in that order. Infosys cannot afford any more resource departures especially at senior levels,” said Partha Iyengar, Country Manager - Research, Gartner India.
Dr. Sikka was, until recently, a member of the Executive Board of SAP AG, leading all products and driving innovation globally.
On joining Infosys, “Dr. Sikka will next have to establish credibility with those stake-holders, again, in a fairly short period and then energize them in the medium to long term. The medium term strategy will have to be fairly close to the knitting of the IT Services industry – anything else will create a level of confusion and uncertainty again,” added Iyengar.
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