IT giant Infosys announced its Q4 results today, with profit and revenue that analysts said were disappointing. It also announced that Mohandas Pai, member of its board and the company’s Director Incharge of the Human Resource Department, has resigned from the company.
This is the biggest resignation since Nandan Nilkeni quit the company.
Pai has resigned as member of the Infosys board and as Director, Human Resources Department. His resignation is effective June 11, 2011, after the company’s annual general meeting. The reasons for his quitting are not known yet, but it has come as a surprise to the industry since there was no indication of it.
Infosys Chairman NR Narayan Murthy will retire in August this year and the company’s board of directors will meet at the end of this month to finalise leadership plans.
Read more at: http://profit.ndtv.com/
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