Today, Salil Parekh will take over as the CEO of $10 billion company Infosys. The billion dollar company plans to bring back focus on revenue growth and business strategy under Parekh’s leadership.
Infosys struggled through 2017 as the company handled the public standoff between the previous CEO and the high profile promoters. The company will also announce its third quarter financials on the 12th of January.
Industry watchers have stated Parekh is the perfect choice for Infosys as the company is going through a period of transition. Parekh is known for his skills in handling multicultural work environments and has a strong grip on technology and sales.
Infosys took a total of three months to hire Parekh for the role of CEO after looking through two dozen candidates. This is the second time Infosys has hired an external candidate to act as CEO after Vishal Sikka.