Infosys on April 13, 2017 appointed Independent Director Ravi Venkatesan co-Chairman amid calls from founders to diversify the board.
The Board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
Venkatesan, who has been on the Infosys Board since April 2011, has made valuable contribution to the development of strategic direction of the company during his tenure, according to a company statement.