Infosys reappoints Salil Parekh as CEO and MD

IT giant Infosys has reappointed Salil Parekh as the Chief Executive Officer and Managing Director of the company for 5 years. Infosys CEO Salil Parekh’s salary has been increased to Rs 79.75 crore per annum, which is 88 percent higher from his previous salary of Rs 42.50 crore, said the company’s annual report for fiscal 2022.
Infosys CEO Salil S Parekh“Reappointment of Salil Parekh as CEO and MD of the company from July 1, 2022, to March 31, 2027, subject to the approval of shareholders,” Infosys said.

Salil Parekh had led the IT services company over the last 4 years and he has been CEO and MD of Infosys since Jan 2018. Salil Parekh has more than three decades of global experience in the IT services industry.

Salil Parekh holds the Bachelor of Technology degree in Aeronautical Engineering from Indian Institute of Technology (IIT) Bombay, Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University.