Infosys appoints Ravi Venkatesan as the board’s co-chairman
New Delhi : I&T Company Infosys today appointed independent director Ravi Venkatesan as the board’s new co-chairman.
“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 his statement.
Venkatesan, an Independent Director, will now take over as the co-chairman owing to the decision taken by the Infosys board amidst an ongoing string of arguments between the founders and the management over issues such as salary hike and corporate governance standards among others.
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.