The Nandan Nilekani, who was appointed as the newly non-executive chairman and non-independent director will not draw any payment for his current stint at the company, told by IT major Infosys. Mr Nilekhani who was also the Cofounder and former Chief Executive holds a 0.93 percent stake in the firm. Rs.34 lakhs his last drawn remuneration for the fiscal 2010 as a director, a filling to BSE, Mr Nilekani was appointed as the new chairman of Infosys on August 24, days after Vishal Sikka stepped down as CEO, said by Infosys.
Mr Nilekani said that, “his priorities of the company were to find a CEO, reconstitute the board and shape future strategy” and I have come in to focus on the future of the company, I have come in to take the company forward and deal with its challenges. Mr Nilekani additional that the company has named executive recruitment firm Egon Zehnder to assist finding a CEO who will be able to handle a big global firm, speed up strategy execution and oversee its transformation.
