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Updated: August 28, 2013 23:32 IST

Ashok Vemuri quits Infosys

Staff Reporter
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Ashok Vemuri
The Hindu Ashok Vemuri

Infosys’ highest paid Indian executive, Ashok Vemuri, has quit the company, leaving in his wake a number of high-level resignations at the software services exporter.

Mr. Vemuri, who was the head of the company’s operations in the Americas and also the global head of manufacturing and engineering services, was widely considered to be a strong contender for position of CEO after the current head S.D Shibulal steps down in 2015.

“We would like to thank him [Ashok Vemuri] for his significant contributions to Infosys. The transition plan is in place. Sanjay Jalona, currently the Regional Head for Manufacturing in North America, will take over as the Global Head of Manufacturing,” the company said in a statement.

Mr. Vemuri’s resignation comes days after Infosys Senior Vice-President Sudhir Chaturvedi put in his papers, and a month after Global Sales Head Basab Pradhan quit the company. Mr. Vemuri is rumoured to join iGATE, according to industry insiders. However, this could not be independently verified by The Hindu.

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Too sad a leading and efficient executive has decided to quit instead to lead. In my view all the software giants has grown drastically in the last 10 to 15 years period. Although the IT revolution enhanced growth in employment and economy, but I feel we need to look at the other side of the coin. In the last 15 years there is no any spectacular raise in income matching the IT in any other sectors, thought there is increase it is very minimum.
As a result the common man started suffering to pay for high cost of living. For instance in Chennai the property prices where sky rocked due to IT salary effect. whereas an ordinary government staff cannot even dream to purchase. Today the economy is suffering and dollar rates are hitting all time high, I can see unless The central government jointly take action , India is collapsing and IT sector is no exemption. Europe and USA had redrawn their outsourcing policies.

from:  Martin
Posted on: Aug 29, 2013 at 17:21 IST

The father son combi could be a difficult place to work.

from:  Hilary Pais
Posted on: Aug 29, 2013 at 10:51 IST

I wish Infosys bounces back soon.

from:  Saurabh Gupta
Posted on: Aug 28, 2013 at 21:37 IST

Sad to know. He was one of the guy who could have led Infosys as CEO post 2014.

from:  Apoorv
Posted on: Aug 28, 2013 at 17:40 IST

In 2009 it was 'Satyam', and now its 'Infosys'... and the story goes on.

from:  Sreenivasa
Posted on: Aug 28, 2013 at 17:19 IST
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