Infosys on Sunday re-appointed Salil Barak as Managing Director and CEO for another five years from July 1, 2022 to March 31, 2027. Subject to shareholder approval. Board at Capgemini, where he held several leadership positions for 25 years. As a non-founder CEO, Barak will only be the company’s president for the second time.
To ensure the continuity and commitment of the organization’s leadership to drive the growth journey over the next few years, the NRC has approved the issuance of 104,000 shares to six key executives and a further 375,760 shares to 88 senior executives. Of the system.
These Performance Stock Units (‘PSU’s’) will be granted under the Infosys Expanded Stock Ownership Plan 2019, and will vest over three years on the achievement of certain milestones, in line with the plan approved by shareholders.