Friday, 11 April 2014

Infosys Board starts search for Shibulal's successor



     Bangalore, Apr 11 (PTI) IT major Infosys today said the
nominations committee of the company's Board of Directors has
begun the search for a successor to Chief Executive Officer
and Managing Director S D Shibulal.
     Shibulal has expressed his desire to retire from the post
and as a member of the Board of Directors either on the date
of the last board meeting before his superannuation - January
9, 2015, or when his successor is ready to assume office,
whichever is earlier, the company said in a statement.
     Infosys said the nominations committee will shortlist and
evaluate an internal slate of candidates with the assistance
of Development Dimensions International (DDI), a company
specialising in corporate executive evaluations.
     The Board has also appointed Egon Zehnder, an executive
search firm, to assist the Nominations Committee in
identifying an external slate of candidates, it said. PTI KSU

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