Infosys Americas head Sandeep Dadlani quits in setback for CEO Sikka
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Sandeep Dadlani, the head of Americas and global head of manufacturing and retail for Infosys, has resigned, in a setback for chief executive Vishal Sikka.
On Thursday night, Infosys named two executives – Karmesh Vaswani as the Global Head for Retail, CPG & Logistics (RCL) and Nitesh Banga as the Global Head of Manufacturing – to replace Dadlani.
Dadlani, who was among the four presidents at Infosys, was managing nearly a third of India's second-largest software exporter's $10.2-billion revenue. He joined Infosys in 2001, and specifically the retail industry vertical in 2003 when it stood just at $70 million, the company said on its website. Dadlani resigned on Thursday, a company spokesperson said.
Infosys earns 65 per cent of its revenue from the US and Dadlani's exit comes at a time when Sikka is struggling to revive large deals in its main market to show higher growth. Dadlani joins a group of nearly ten senior executives who have quit Infosys since Sikka took over in 2014.
Since taking over as CEO, Sikka has tried to push for higher growth — promising to achieve $20 billion in revenues by 2020, with operating margins of 30 per cent, and employee productivity of $80,000.