Infosys to decide on Narayana Murthy's successor April 30

Friday, 15 April 2011, 21:44 IST
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Bangalore: The board of Infosys Technologies would meet April 30 in this tech-hub to decide on the successor to its chairman and co-founder N.R. Narayana Murthy and finalise plans for the leadership succession in the company, the IT bellwether. The decision to choose Murthy's successor was taken at a board meeting held to finalise the company's financial results of last fiscal (2010-11), including fourth quarter (Jan-March). The board has also accepted the resignation of its director T.V. Mohandas Pai with effect from June 11 after the company's annual general meeting (AGM) the same day. Meanwhile, co-founder and board member K. Dinesh also resigned from the company and opted not to seek re-appointment. The company has appointed former Microsoft India chairman Ravi Venkatesan as an additional director on the board.
Source: IANS