Infosys to finalise succession plan on Apr 30; Pai resigns

Friday, 15 April 2011, 19:43 IST
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Mumbai:Even as IT bellwether Infosys Technologies is scouting for its next set of leaders, its Human Resource (HR) Director Mohan Das Pai has stepped down from the board. "T V Mohandas Pai, has decided to relinquish the position of member of the board and has requested the board to relieve him of the responsibilities after the company's annual general meeting on June 11, 2011," Infosys said in a filing to the Bombay Stock Exchange. The board of directors of the company will meet on April 30, 2011 to finalise the company's leadership succession plans. "The Board of Directors will meet on April 30, 2011 to finalise plans for the company's leadership succession, post NR Narayana Murthy's retirement as Chairman of the Board in August 2011," the filing added.
Source: PTI