Infosys sees top level exit, executive vice president quits

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.

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)