Infosys names a new CEO: welcome to the hot-seat Salil S. Parekh

Former CapGemini man steps in after last CEO bailed after nasty sniping


Infosys has named its next leader: Salil S. Parekh will become as CEO an managing director as of January 2nd, 2018, and has been appointed for five years.

Parekh has spent the last 25 years of his working life at Capemini, where he reached the rank of deputy CEO and sat on the Group Executive Board.

Infosys needed a new CEO because its last one, Vishal Sikka, resigned after a whispering campaign that saw rumours of impropriety and anonymous criticism reach the Indian press. That campaign was believed to have tacit approval from Infosys founders who remained on the company's board.

Whatever the source, Sikka said his job had become untenable and quit in August 2017.

Infosys' chair Nandan Nilekani's canned statement said: “The Board believes that [Parekh] is the right person to lead Infosys at this transformative time in our industry.”

Technology Business Research senior services analyst Boz Hristov said: “To succeed … first and foremost Parekh must be really good on playing the company politics, because as we recently saw [Infosys co-founder] NRN Murthy is still the 'real' CEO behind the scenes. If Parekh gets under Murthy’s skin he has a chance to become the golden child”.

Hristov expects Parekh “initially to play the role of a mediator between old and new Infosys and then to become an innovator and disruptor”. But to succeed, he said, the new CEO will need to pull off divestments, reform Infosys' sales strategy and invest in “technology-inclined strategy consultancy of the caliber of Roland Berger”. If Parekh can't get those jobs done, Hristov said the new CEO will probably be out the door after about three years. ®

Similar topics


Other stories you might like

  • Think your phone is snooping on you? Hold my beer, says basic physics

    Information wants to be free, and it's making its escape

    Opinion Forget the Singularity. That modern myth where AI learns to improve itself in an exponential feedback loop towards evil godhood ain't gonna happen. Spacetime itself sets hard limits on how fast information can be gathered and processed, no matter how clever you are.

    What we should expect in its place is the robot panopticon, a relatively dumb system with near-divine powers of perception. That's something the same laws of physics that prevent the Godbot practically guarantee. The latest foreshadowing of mankind's fate? The Ethernet cable.

    By itself, last week's story of a researcher picking up and decoding the unintended wireless emissions of an Ethernet cable is mildly interesting. It was the most labby of lab-based demos, with every possible tweak applied to maximise the chances of it working. It's not even as if it's a new discovery. The effect and its security implications have been known since the Second World War, when Bell Labs demonstrated to the US Army that a wired teleprinter encoder called SIGTOT was vulnerable. It could be monitored at a distance and the unencrypted messages extracted by the radio pulses it gave off in operation.

    Continue reading
  • What do you mean you gave the boss THAT version of the report? Oh, ****ing ****balls

    Say what you mean

    NSFW Who, Me? Ever written that angry email and accidentally hit send instead of delete? Take a trip back to the 1990s equivalent with a slightly NSFW Who, Me?

    Our story, from "Matt", flings us back the best part of 30 years to an era when mobile telephones were the preserve of the young, upwardly mobile professionals and fixed lines ruled the roost for more than just your senior relatives.

    Back then, Matt was working for a UK-based fixed-line telephone operator. He was dealing with a telephone exchange which served a relatively large town. "I ran a reasonably ordinary, read-only command to interrogate a specific setting," he told us.

    Continue reading
  • Chinese tech minister says he's 'dealt with' 73,000 websites that breached the law

    Ongoing crackdown saw apps 1.83 million apps tested, 4,200 told to clean up their act, pop-up ads popped

    China's Minister of Industry and Information Technology, Xiao Yaqing, has given a rare interview in which he signalled the nation's crackdown on the internet and predatory companies will continue.

    The interview, reported in state-controlled organ Xinhua, reveals that China's recent crackdowns on inappropriate content and companies with monopolistic tendencies have both bitten – hard.

    The nation investigated 1.83 million apps to ensure they don't infringe users' rights. Some 4,200 illegal apps found to require "rectification".

    Continue reading

Biting the hand that feeds IT © 1998–2021