|Bid||104.29 x 500|
|Ask||104.33 x 900|
|Day's Range||104.49 - 105.12|
|52 Week Range||80.93 - 108.72|
|PE Ratio (TTM)||30.65|
|Dividend & Yield||1.33 (1.27%)|
|1y Target Est||N/A|
MUMBAI/BENGALURU, Aug 19 (Reuters) - The dramatic departure of Vishal Sikka as chief executive of Infosys, following a months-long public battle with the tech giant's founders, has left the company with another messy problem: how to find someone willing to replace him. The company's last CEO hunt in 2014 was a major challenge. Sikka, the eventual choice who was plucked from a top job at SAP , was the first chief appointed from outside the group of founders.
Infosys Ltd, in a surprise announcement, said Vishal Sikka has resigned as CEO citing a stream of distractions and disruptions in recent months, pushing down shares of the second-largest Indian IT services firm almost 8 percent on Friday. U.B. Pravin Rao, Infosys' chief operating officer, was named interim managing director and chief executive. Rao will report to Sikka, who will take the executive vice chairman role until a permanent CEO takes charge, which should be no later than end-March 2018, Infosys said.
In an effort to recruit more diverse workforces, companies have hired chief diversity officers, set solid goals, and installed new policies that aim to curb bias. One of the largest enterprise software companies in the world is making a case that technology can help, too. SAP last year committed to building software capabilities that “improve…