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Infosys Board to Discuss CEO Salil Parekh Leadership Extension Amid Succession Planning
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Business·22.04.2026ملخص الذكاء الاصطناعي

Infosys Board to Discuss CEO Salil Parekh Leadership Extension Amid Succession Planning

Infosys board is set to discuss leadership transition with CEO Salil Parekh (61) expected to receive a two-year extension beyond his March 2027 term end due to superannuation norms. The normal retirement age at Infosys is 60. The extension aims to ensure smooth succession planning and avoid management upheaval similar to previous CEO changes. Under Parekh's leadership since January 2018, Infosys' market cap has surged to Rs 5.44 lakh crore from Rs 520 to Rs 1,314.50 per share. The company faces AI-spawned disruptions that have reduced valuations by over 25% from peaks.

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Economic Times