Infosys starts search for Shibulal’s successor

BANGALORE, INDIA: Infosys Limited announced today that the Nominations Committee of the company's Board of Directors has begun the search to select the successor to CEO and MD, S. D. Shibulal.

Shibulal has expressed his desire to retire as the CEO and MD of the company and as a member of the Board of Directors either on the date of the last board meeting before his superannuation - January 9, 2015 or when his successor is ready to assume office, whichever date is earlier.

The Nominations Committee will short list and evaluate an internal slate of candidates with the assistance of Development Dimensions International (DDI), a company specializing in corporate executive evaluations. The Board has also appointed Egon Zehnder, an executive search firm, to assist the Nominations Committee in identifying an external slate of candidates