Infosys CEO Vishal Sikka steps down; UB Pravin Rao takes over as interim-CEO

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Infosys said its board of directors has accepted the resignation of Vishal Sikka as the managing director and CEO with immediate effect.
UB Pravin Rao has been appointed interim chief executive officer and managing director reporting to Sikka under the overall supervision and control of the company’s board.
The company said that succession plan for appointment of new managing director and chief executive officer has been operationalised by board and the search for same has commenced.
Vishal Sikka has been appointed as the executive vice-chairman.

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