Parekh, who is credited with leading several key businesses at the French technology company, is remembered as a being firm and outspoken in a company that favours conservatism over aggression.
Commenting on the appointment of Salil S Parekh, Nandan Nilekani, chairman of the Infosys board, said, "We are delighted to have Salil joining as the CEO & MD of Infosys".
3- Parekh has almost three decades of global experience in the IT services industry.
Infosys Chairman Nandan Nilekani has stressed that the company will continue looking at acquisitions to accelerate its pivot to new technologies, as it embarks on a strategy of building platforms for its customers that bundle software products with services.
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According to reports, UB Pravin Rao, CFO Ranganath D Mavinakere as well as Ashok Vemuri (former Americas Head and Board member at Infosys) and B G Srinivas (former Infosys President) were considered for the top job. Parekh has a Master's degree in Computer Science and Mechanical Engineering from Cornell University, and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay.
With Infosys' first attempt at a non-promoter CEO in Vishal Sikka ending in bitter acrimony, accusations of governance lapses, law suits and plenty of dirty linen washed in public, the company is hoping to start the new year on a clean slate by appointing the 53-year old Mumbai-based Parekh to lead the country's second largest IT services firm. Parekh had joined Capgemini in 2000 as a result of the acquisition of the consulting division of Ernst and Young, and occupied various leadership positions in the Group. He had replaced Vishal Sikka as interim CEO and managing director in August this year. Narayana Murthy regarding executive pay structure and company direction. He said:"I am happy that Infosys has appointed Salil Parekh as the CEO".
It was then that Nilekani - one of the Infosys co- founders and Aadhaar architect - was brought in as Non- executive Chairman to restore order at the embattled company.
Interestingly on Saturday, Capgemini put out a separate press release, saying that Parekh "decided to leave the Group in the context of the recent managerial evolutions communicated in October". Nilekani had said at the time that cultural fit would be an important criteria for the top job, making internal candidates "very strong contenders".