The leading software company across the world former chairman NR Narayana Murthy wants to arrange a board meeting for the sudden resignation of Vishal Sikka as CEO and Managing Director of Infosys Ltd, U B Pravin rao will be the new CEO who was presently working as chief operating officer and sikka will be as a vice chairman until a permanent replacement is hired, receives an annual salary of $1 shares of Infosys fell as much as 7.6%.
The Infosys have been trying to pull itself out of a development reduce speed and has just been able to keep pace with industry growth numbers, presently this resignation made a leadership instability, the News agency reported that Sikka has facing a continuous stream of disturbance and interference in the recent months that might be the reasons for leaving the board members understand the reason for sikka’s resignation and doubts his decision due to false allegations which made on him and thought it was not the actual reason to loss a valued CEO of the company.
The Vishal Sikka posted his resignation letter on his verified Twitter handle and said that It happens in every company, in fact we did an analysis both in terms of our own past as well as in terms of the other companies in our industry and there are far more executives who have left every other company that we could think of.
