Bangalore, June 12, 2014 :  The rumours got it right this time:  Vishal Sikka,  till last month, a member of the Executive Board of SAP AG and the key architect behind the company's HANA platform,  is to be the new CEO of Infosys -- from August 1. He  will be inducted as a whole-time director of the Board and CEO & MD (Designate) on June 14.
Says  Dr. Sikka:  “I am honored to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world. Computing technology is reshaping every industry across every walk of life."
Infosys also also announced that N.R. Narayana Murthy and  S. Gopalakrishnan will voluntarily step down as Executive Chairman and Executive Vice Chairman, respectively, on June 14, 2014.  Murthy will be designated as Chairman Emeritus with effect from October 11, 2014 in recognition of his contributions to the company  S. D. Shibulal will step down as CEO & MD and from the Board on July 31, 20. The Executive Chairman’s office will be dissolved with effect from June 14, 2014.  Rohan Murty,  NRN's  son, whose appointment was co-terminus with the Executive Chairman, will leave the company on June 14, 2014.
The appointment of Dr Sikka comes after a spate of resignations at the top of the Infosys management tree  in recent months