For the first time, the board may extend its search even through search firm which will help short-list external candidates. The list of internal candidates include BG Srinivas, Ashok Vemuri and V Balakrishnan, who are already on the company's board.
Infosys CEO SD Shibulal's term officially ends in March 2015, when he turns 60, the board may have a candidate in place in the next 12 months, for the transition plan.
Infosys declined to comment on these developments in response to an e-mail sent by ET
A three-member nominations committee on the board will help Infosys in this succession planning exercise. The panel is headed by Prof Jeffrey Lehman, who was also charged with selecting a new chairman and CEO in 2011, when NR Narayana Murthy and Kris Gopalakrishnan stepped down.
NOW.
Story credits: Economic Times
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