Murthy to continue as Chief Mentor of Infosys. The Giant still Sustains His Place!

[devaraj]

Source:
www.reuters.com

Infosys Technologies Limited on Wedneday announced its Chairman and Chief Mentor N R Narayana Murthy, who is retiring on August 20 when he turns 60, would serve as the Non-Executive Chairman of the Board and Chief Mentor with effect from August 21.

The Board of Directors at a meeting here resolved to appoint Murthy -- who as per the service rules of the company will retire from services on August 20 -- as an Additional Director of the company with effect from August 21.

It further resolved that Murthy will serve as the Non-Executive Chairman of the Board and Chief Mentor with effect from August 21.

The Board also decided that Nandan M Nilekani, currently the CEO, President and Managing Director, be re-designated as CEO and Managing Director with effect from August 21, and that S Gopalakrishnan, currently Chief Operating Officer and Deputy Managing Director, be promoted as the President, COO and Joint Managing Director from that date.

[iMav]

well these guys rescued the market with some really good numbers a 794cr profit mind blowing ........ murthy sir is awesome

just gr8 murthy success is my 100th post

[nik_for_you]

ya and infosys did more than 45 % profit in its 1st quater result !! cheers to murthy..

yest i read in news paper that first name of infosys was softonics ..

and at murthy was working in PCS and his salary was less then his wife