infosys-chairman-vacates-post

Infosys chairman vacates post

Infosys chairman and founder Narayana Murthy steps down from position on reaching age of 60.
An era ended for IndiaÆs information technology industry on Sunday, August 20 when Infosys Technologies chairman NR Narayana Murthy stepped down. Murthy spent 25 years at the head of the company which he co-founded with other software engineers including Nandan Nilekani - current chief executive officer in 1981. He commands a huge amount of respect both in India and elsewhere in the world for his vision and integrity in creating Infosys.

Murthy reached the companyÆs mandatory retirement age of 60 on Sunday. He will continue in the position of non-executive chairman and mentor of Infosys. Infosys did not disclose if the chairmanÆs position would be filled by anyone else.

Infosys, which was the first Indian...
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