Sunday, 17 December, 2017
Update
   Black Christmas for 700 home guards   GST, mining effect: Govt stares at ` 13K cr debt   Traffic woes continue to haunt Margao   Vasco RTO without vehicle for the last 5 months   Digambar withdraws anticipatory bail petition in mining case   Water-starved Kadamba locals to hold protest   Opinion Poll stalwarts to come alive at ‘Asmitai Enclave’

Infosys chief quits, top execs come under pressure

Infosys president and head of Americas Sandeep Dadlani has resigned, a sudden development that some attributed to growing pressures on the company’s top executives to deliver, following a series of unimpressive quarterly performances.

18th June 2017, 06:31 Hrs


agencies
BENGALURU

Dadlani, who has been with Infosys since 2001 and who was also the global head of its manufacturing, retail, CPG (consumer & packaged goods) and logistics vertical, posted on LinkedIn that an “out-of-the-world assignment” was awaiting him. Sources close to the development said he may be joining Virginia-based confectionery and pet food company Mars, makers of the brands Snickers, M&M’s, Twix and Wrigley, in a digital transformation role. 
Peter Bendor-Samuel, CEO of US-based IT advisory Everest Group, believes Dadlani’s departure is part of the increased pressure on leadership combined with a market eager to hire Infosys talent which is highly regarded.
Infosys announced on Friday that Dadlani’s responsibilities would be divided between Karmesh Vaswani, who will be global head of retail, CPG & logistics, and Nitesh Banga, who will be global head of manufacturing. Vaswani was previously the 
head of Europe for retail, CPG and logistics.

Related news

Tata Projects-Daewoo JV wins Mumbai Trans Harbour Link for `5,612 cr

Package 2 venture to use reverse circulation drill method and special steel from Japan for construction Read more

The tribal art that's making waves in India and has gone global

Entrepreneur couple Divya Srivastava and Ashish Singh Patel are committed towards uplifting tribal art from Chattisgarh and introduce it in markets across India and abroad. Currently in Goa to tap the local market, the art works displayed by the couple at the CAI expo caught the fancy of Goans and were much appreciated Read more

Top News

GST, mining effect: Govt stares at ` 13K cr debt

n Instructions issued not to report to work on weekends n Stand to lose ` 6,320 in December salary Read more

Traffic woes continue to haunt Margao

Successive govts have only been promising ‘ultra-modern bus stands’ and ‘bus port’ Read more

Vasco RTO without vehicle for the last 5 months

Staff shortage, erratic network, cramped space has added to woes Read more

Digambar withdraws anticipatory bail petition in mining case

Special team assures 48-hour notice prior to his arrest Read more