HCL Infosystems CEO Harsh Chitale quits; Premkumar Sheshadri joins
Premkumar Sheshadri[/caption]
As per the latest announcement made by HCL Infosystems, company’s Managing Director and CEO Harshavardhan Madhav Chitale has resigned from his post. However, he will remain with the company till this month-end. If reports ate to be believed, company’s Director and Executive Vice-Chairman Premkumar Seshadri will now take charge as MD, w.e.f. January 1, 2015. Infosystems spokesperson said in a statement, "Harshavardhan Madhav Chitale has resigned as Managing Director & CEO and as Director of the company with effect from close of business hours on December 31, 2014. The Board has in its meeting held on December 8, 2014, approved his resignation”. In September 2014, HCL Infosystems had appointed Premkumar as the executive vice chairman of the company. Prior to that, Premkumar was the group CEO of Apollo Hospitals Enterprise.
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