Friday, November 22

Tag: steps down

Infosys US Retail Sales Executive Naresh Ramamurti Steps Down
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Infosys US Retail Sales Executive Naresh Ramamurti Steps Down

Naresh Ramamurti, one of the three sales leads for retail in the US at Infosys has stepped down from his position. Ramamurti, vice president and Regional Head - Americas - Consumer, Retail and Logistics, has been reporting to Karmesh Vaswani, who heads the retail business segment globally. Between 2011 and mid-2017, he was reporting to Sandeep Dadlani, who quit last year. Ramamurti, an Infosys veteran of nearly 15 years in two stints. In a LinkedIn post confirming his decision, Ramamurti said he was looking to solving problems for himself. Ramamurti’s exit comes at a time when Parekh has been working on stabilising the company and strengthening its sales teams to compete for large deals. On this development, Infosys said it "does not comment on executive appointments or exits o...
Richard Branson is no more the Chairman of Virgin Hyperloop One
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Richard Branson is no more the Chairman of Virgin Hyperloop One

The billionaire entrepreneur Richard Branson has reportedly stepped down from the chairman role of Virgin Hyperloop One. In a statement, Branson mentioned that the company would require more time than he could devote to the company. “At this stage in the company’s evolution, I feel it needs a more hands-on Chair, who can focus on the business and these opportunities. It will be difficult for me to fulfill that commitment as I already devote significant time to my philanthropic ventures and the many business within the Virgin Group,” said Richard Branson. A thing that wasn’t mentioned was the cancellation of a planned project with Saudi Arabia after Branson criticized the kingdom and suspended negotiations around an intended $1 billion investment from the nation’s Public Investment Fund i...