Market reacts positively to Ex-SAP Vishal Sikka as Infosys new CEO

Ex SAP executive Vishal SIkka has been named as the new CEO and MD of Infosys by the company board. He will be the first non-founder CEO of the IT behemoth. He will take charge from present incumbent Shibulal on August 1st. Narayanamurti and Gopalakrishnan; the EC and Vice EC are also stepping down on the 14th of June. The Infosys shares have rallied by over 4% on the news.

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