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Infosys shares down as Global Sales Head Prasad Thrikutam quits

Infosys shares down as Global Sales Head Prasad Thrikutam quits

The IT company had on Thursday said Prasad Thrikutam, in charge of strategic sales, marketing and alliances, has quit the company.

(Photo: Reuters) (Photo: Reuters)

Infosys shares fell as much as 2.7 per cent in early trade on the bourses after a senior executive quit the company.

The IT company had on Thursday said Prasad Thrikutam, in charge of strategic sales, marketing and alliances, has quit the company.

Reacting to the news, shares of Infosys were down 2.07 per cent at Rs 2,975 on the Bombay Stock Exchange in early trade. At the same time, the scrip was down 2.18 per cent on the National Stock Exchange at Rs 2,975.

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Infosys has lost at least 11 senior managers over the past year or so, as India's second-largest IT services exporter looks for a new chief executive.

Last month, president and board member BG Srinivas had quit.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Jun 06, 2014, 10:46 AM IST
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