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Parekh excited to lead Infosys as CEO

Software veteran Salil S. Parekh, who took over as the CEO and MD of Infosys on Tuesday, said he was…

Parekh excited to lead Infosys as CEO

Photo: Getty Images

Software veteran Salil S. Parekh, who took over as the CEO and MD of Infosys on Tuesday, said he was excited to lead the IT major on its path of helping clients digitally reinvent themselves.

“I am excited to lead the company on its path of helping clients digitally reinvent themselves for sustained growth,” said Parekh in his maiden address to nearly 2 lakh Infosys techies operating at its development centres the world over.

Admitting that 2018 got off to a great start for him as he began his journey as CEO of an iconic company, he told the Infocions that each of them had an important role to play in the world of continuous technology disruptions.

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Earlier, Parekh took charge as the new CEO and MD as senior executives, including Chief Operating Officer U.B. Pravin Rao, welcomed and greeted him at the company’s corporate office in the Electronics City on the city’s outskirts.

“Soon after the senior management briefed Parekh about the company’s activities and made a presentation on its current business, he addressed the employees through video-conference,” a company official told IANS.

The Infosys Board on December 2 appointed Parekh, 53, for the top executive post for five years with effect from January 2 to December 31, 2022.

Parekh is the second non-founder executive of the $10-billion firm after the exit of the first non-promoter CEO Vishal Sikka in August following a spat with its co-founders over governance issues last year.

The company, however, has not disclosed details of Parekh’s annual compensation, including perks and stock options, if any, so far.

Prior to joining Infosys, Parekh was an executive board member of the Paris-headquartered global consulting, technology and IT firm Capgemini.

Parekh has Masters degrees in computer science and mechanical engineering from Cornell University in the US and a B. Tech degree in aeronautical engineering from IIT-Bombay.

The full-time CEO post has been vacant since Sikka had quit, stating that he could not continue to work amid “malicious personal attacks”.

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