Infosys Names Shibulal Chief Executive as Tata Widens Lead
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Infosys Technologies Ltd., India’s second-largest software exporter, promoted S.D. Shibulal to the post of chief executive officer, picking the company veteran to boost earnings amid rising competition for outsourcing deals.
The board also named current Chief Executive Officer S. Gopalakrishnan co-chairman, and former ICICI Bank Ltd. head K.V. Kamath as chairman, the Bangalore-based company said in an April 30 statement. Current chairman and billionaire founder N.R. Narayana Murthy will become chairman emeritus.