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BRIEF-Infosys exec says Murthy to have no role in selection of new leader
August 18, 2017 / 1:39 PM / in 3 months

BRIEF-Infosys exec says Murthy to have no role in selection of new leader

Aug 18 (Reuters) - Infosys Ltd

* Exec says on conference call “it will be a non-trivial task to find a successor”

* Exec says “we are looking for a people person” for CEO role

* Exec says “anyone comng in should have great understanding of culture ...and only he can transform culture”

* Board exec says “despite all the controversies, Murthy has not commented on the execution strategy of company and I don’t see that changing”

* Board exec says “Sikka’s new role will give him more time to focus on aspect of retaining clients and people”

* Board exec says “don’t see Murthy or anyone else playing a role in selection of new leader ”

* Board exec says 2020 target was aspirational, may not be able to achieve it

* Exec says intend to have a lot more dialogue with all our shareholders over coming weeks

* Exec says board tried to ignore the noise and focus on clients ,employees and strategy, but Sikka was unable to ignore the distraction Further company coverage:

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