New Delhi: BG Srinivas, President and Member of the Board, resigned from Infosys with effect from June 10, a company press release said. This is the 10th high-profile exit from the company in the last one year.
Infosys has been seeing a string of exits since Narayana Murthy returned for a second innings in the company. Before Srinivas, nine senior members including V Balakrishnan, Mohandas Pai and Vemuri had shocked the market by deciding to sever ties with the company after a fairly long spell.
The post of CEO at Infosys will fall vacant when current boss SD Shibulal retires. But the company has not yet chalked out a successor. Sources said Srinivas' decision to quit came after it became clear that he was not in the race for Infosys' top job. There is a lot of speculation that Infosys may take in a external candidate to steer the company forward.
In the press statement, Narayana Murthy, Executive Chairman said, "B. G. Srinivas has been an integral part of Infosys and has played an important role in the Company's growth. The Board and every Infoscion thanks B. G. Srinivas for his wonderful contribution and wish him great success in his future endeavors."
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