News: Shibulal may step aside as Infosys CEO by end of 2013

C-Suite

Shibulal may step aside as Infosys CEO by end of 2013

Speculation is rife that the reign of SD Shibulal as chief executive officer and managing director of Infosys may draw to a close this year, much before his term ends in 2015, Hindustan Times reported. Front-runners for the CEO post are Ashok Vemuri, BG Srinivas and V Balakrishnan (Bala), current board members, according to sources.

Speculation is rife that the reign of SD Shibulal as chief executive officer and managing director of Infosys may draw to a close this year, much before his term ends in 2015, Hindustan Times reported. Front-runners for the CEO post are Ashok Vemuri, BG Srinivas and V Balakrishnan (Bala), current board members, according to sources.

“Given the way things are moving within the company, it is quite possible that Infosys will have a new CEO by end of this year,” said a senior executive at Infosys requesting anonymity. An Infosys spokesperson confirmed that the three board members are possible CEO candidates but refused comments on timings.

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Topics: C-Suite, #Updates

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