India's second largest #IT company #Infosys Ltd is under pressure for appointing a new CEO to check the mass departure of junior staffs and reassure investors after a slew of departures at the top.Infosys shares fell to its lowest level in nine months just after president and board member B.G. Srinivas had resigned.
The departure of Srnivas have created a urgent need for #CEO such that the company is even ready to break its tradition and is ready to hire CEO from outside.
The company, which has been losing market shares to its rivals Tata Consultancy Services Ltd and Cognizant Technology Solutions Corp, did not give a reason for Srinivas' resignation in a stock exchange filing.
According to experts from share market Infosys should appoint a new CEO within one or two months to bring the stability of the company and confidence of investors.
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