By Under20s.com
Parekh holds more than 30 years knowledge in the technology (IT) services sector with a solid track experience of implementing digital transformations for businesses, managing business turnarounds and managing successful acquisitions.
Prior to that in his career, he was a part of the executive committee at Capgemini and held various executive positions for the last more than 25 years. Parekh worked as a partnership with Ernst & Young and is often credited with increasing the size and quality of his Indian operation of the consulting firm.
Salil Parekh has been the chief executive officer and managing director of Infosys since January, 2018. Shareholders has approved this.
The decision was taken at the annual meeting of Infosys's Board of Directors held on 21 May 2022. The board made its decision based on the suggestions from the Nomination and Remuneration Committee (NRC) of the company, Infosys Limited said in an official filing with the major stock exchanges.
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Salil Parekh has been the chief executive officer and managing director of Infosys since January of 2018. Salil Parekh's reappointment is subject the approval of shareholders.
Parekh is a veteran with more than 30 years of experience across the globe within the IT services industry , with an impressive track history of implementing digital transformations in businesses, leading business turnarounds and managing successful acquisitions, the company said
Prior to his move to Infosys, Parekh was a member of the Group Executive Board at Capgemini and held various leadership positions for the last 25 years. He also was an Associate with Ernst & Young and is often credited with increasing the size and quality of that Indian activities of this consulting firm.
Infosys directorship also granted 10,44,000 shares of Infosys to 6 senior management employees and share of 375,760 to 88 other executives in the top tier
This performance Stock Units will be granted under the Infosys Expanded Stock Ownership Plan 2019. They will be granted over three years upon the completion of certain milestones as per the plan that was approved by shareholders