India's Infosys says CFO Ranganath has tendered resignation [Reuters (UK)]
Infosys Limited American Depositary Shares (INFY)
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Source: Reuters
India's Infosys says CFO Ranganath has tendered resignation | Reuters Reuters Staff 2 Min Read MUMBAI (Reuters) - The Chief Financial Officer of Infosys Ltd has tendered his resignation just seven months after India’s second-biggest software services exporter appointed a new Chief Executive Officer. The board of Bengaluru-headquartered Infosys said in a stock exchange filing on Saturday it had accepted the resignation of CFO M.D. Ranganath, appointed to the post in 2015. Ranganath, also known as Ranga, will continue as CFO till Nov. 16 this year, Infosys said, adding that its board will immediately commence the search for a new CFO. Infosys, once the bellwether of India’s showpiece $154 billion IT industry, last year witnessed a public row between founding executives and then-CEO Vishal Sikka over alleged corporate governance lapses. Sikka eventually exited the company in August 2017. Salil Parekh, a long-serving Capgemini executive, took over as Infosys CEO in January this year, at a
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INFY
News
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at BMO Capital Markets from $21.00 to $18.00. They now have a "market perform" rating on the stock.MarketBeat
- Infosys (INFY) Q4 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE:INFY) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at Susquehanna from $15.00 to $14.00. They now have a "negative" rating on the stock.MarketBeat
- Infosys Limited (NYSE: INFY) had its "hold" rating re-affirmed by analysts at HSBC Holdings plc. They now have a $20.10 price target on the stock.MarketBeat
INFY
Earnings
- 4/18/24 - Beat
INFY
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- INFY's page on the SEC website