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Infosys sees top level exit, executive vice president quits

Jul 18, 2017, 11:03 IST
Ritika Suri stepped down as Infosys executive vice president. She was one of the top-paid executives who joined Infosys CEO Vishal Sikka’s team.
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Suri, who was brought on board by Sikka from SAP, earned more than Rs 5.1 crore in gross salary in FY17. She was in charge of Infosys’ corporate development and merger & acquisitions.

Business paper Mint that reported Suri’s exit stated she helped set up the company's $500 million venture fund which has since written down about a third of the $45 million is has deployed.

Also, Suri led the acquisition of Israeli automation company Panaya, which was at the centre of a whistleblower letter and a later investigation. However, Infosys says it has been cleared by an independent investigation into alleged improprieties in its acquisition of Panaya and ecommerce platform Skava.

(Image: Edgeverve)
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