Shares of Infosys on Thursday ended over 1 per cent lower following the exit of its global head of strategic sales, marketing and alliances Prasad Thrikutam.

After falling 2.69 per cent to Rs. 2,956.15 in intra-day trade, the stock of India’s second largest software services firm ended at Rs. 2,999.80, down 1.26 per cent on the BSE.

At the NSE, the IT major’s scrip settled 1.35 per cent lower at Rs. 3,000.

The exit of Mr. Thrikutam, who was also the head of Infosys Americas, comes within a fortnight of the resignation of president and board member B.G. Srinivas as the company searches for a CEO to succeed S.D. Shibulal who is due to retire by January next year.

Interestingly, both Mr. Srinivas and Mr. Thrikutam worked with Infosys for 19 years.


Infosys loses one more top executive June 5, 2014

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