StockWatch
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Computers - Software & Consulting
Management Change23 Jul 2026, 04:51 pm

Infosys Appoints Ashiss Kumar Dash as CEO Designate

AI Summary

Infosys Ltd announced the appointment of Ashiss Kumar Dash as Chief Executive Officer Designate, effective July 23, 2026. Dash is slated to become the CEO and Managing Director from April 1, 2027, succeeding Salil Parekh. The board also approved audited financial results for the quarter ended June 30, 2026, granted 9,836 Restricted Stock Units (RSUs) to new hires, and approved the incorporation of a subsidiary in Singapore. Amendments to the Enterprise Risk Management policy were also approved.

Key Highlights

  • Ashiss Kumar Dash appointed CEO Designate effective July 23, 2026.
  • Planned transition to CEO and MD from April 1, 2027.
  • Board approved Q1 FY27 financial results.
  • Approved grant of 9,836 RSUs to new hires.
  • Approved incorporation of a new subsidiary in Singapore.