Infosys appoints Wipro’s Inderpreet Sawhney as its general counsel
Inderpreet Sawhney has been appointed as executive vice-president at Infosys; she succeeds David Kennedy who was sacked in December last year
Bengaluru: Infosys Ltd has appointed Inderpreet Sawhney as the company’s chief compliance officer and general counsel, five months after former general counsel David Kennedy was sacked by the company in December.
Sawhney, who was earlier the general counsel at Wipro Ltd, is expected to join Infosys next month at the rank of executive vice-president, according to an executive familiar with the development.
“We do not comment on speculation related to hiring,” said a spokesperson for Infosys.
A spokesperson for Wipro confirmed Sawhney’s departure.
Wipro’s chief financial officer (CFO), Jatin Dalal, will take additional charge as interim general counsel, according to a second executive familiar with the matter.
Significantly, Sawhney is the first executive from an IT services company to join senior management of Infosys under Vishal Sikka, who since taking over as CEO in August 2014 has hired several executives from his former employer, SAP AG, and a few executives from other IT product companies.
In December, Infosys abruptly sacked Kennedy. However, proxy advisory firms questioned the rationale of the company paying him $868,250 in severance pay. Infosys then said that Kennedy and the company had mutually agreed to part ways but clarified that severance pay was part of the employment agreement he signed when he joined in November 2014.
Kennedy was the second Infosys executive after former CFO Rajiv Bansal to have been paid a severance package—a move that made some Infosys founders question decision-making at the board.
Editor's Picks »
- BlackBerry Key2 with DTEK, physical keyboard launched in India; price, specifications
- Groundwater in Sterlite plant area contaminated beyond permissible limits: Govt
- Ace Turtle to foray into online FMCG, electronics retail
- Lok Sabha passes Negotiable Instruments Act amendment to cut litigation over bounced cheques
- Govt to park shares of PSUs in investment fund to meet public float rule
- Bajaj Auto’s dismal Q1 results builds a case for FY2019 earnings cut
- GST on paints cut, but companies may not pass on full benefit immediately
- June quarter results signal Havells India is off to a bright start this fiscal
- Business gains, not just cost efficiencies, to determine UPL’s Arysta acquisition success
- What ABB India’s performance in June quarter says about capex growth