The company, however, stated that Dr. Sikka will remain with Infosys as the executive vice-chairman.
Dr Vishal Sikka has left his job as the Managing Director and CEO of Infosys. And the board of directors has already accepted his resignation with immediate effect, the mega company said. Dr. Sikka mentioned some “personal” attacks as one of the major causes for his sudden resignation. He conveyed all this via a letter to the Infosys board members. “In his notice of resignation to the board, Dr Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management’s ability to accelerate the company’s transformation,” the IT company mentioned in a statement.
“The board understands and acknowledges Dr. Sikka’s reasons for resignation, and regrets his decision. In particular, the board is profoundly distressed by the unfounded personal attacks on the members of our management team that was made in the anonymous letters and have surfaced in recent months,” Infosys further commented.
“As the board has previously stated, a series of careful investigations found no merit to the unsubstantiated and anonymous allegations that had been asserted. The Board denounces the critics who have amplified and sought to further promote demonstrably false allegations which have harmed employee morale and contributed to the loss of the company’s valued CEO,” the board said additionally.
Who Is the Interim CEO of Infosys?
Dr. Sikka will continue to work with Infosys as the executive vice-chairman. The IT giant has also signed up UB Pravin Rao as the interim managing director and the CEO. The shares of Infosys have fallen over 5 per cent after this shocking revelation. Dr. Sikka will, however, continue to hold the office. This will continue until the new permanent chief executive officer and managing director takes the position of the CEO. And this will all happen before March 31, 2018, as per the company.