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Times of India | Nandan Nilekani at 71: Steering Infosys through two critical successions
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Nandan Nilekani, who turned 71 on Tuesday, is poised to be re‑elected as Infosys’s non‑executive chairman for a third consecutive term at the company’s upcoming annual general meeting. Since returning to the firm in 2017, Nilekani has overseen steady growth, taking revenue from $10.9 billion in 2017‑18 to over $20 billion in 2025‑26 (a CAGR of 8.3%) and boosting net profit from $2.5 billion to $3.3 billion, while maintaining relative stability compared with peers. Looking ahead, his challenges include finding a successor before he must step down at 75, navigating the impending transition of CEO Salil Parekh—who is already beyond the usual retirement age—and ensuring the board’s succession plan, highlighted by the recent appointment of former HUL chief Nitin Paranjpe as vice‑chairman, positions Infosys for an AI‑driven future. Analysts view the reinforced governance bench as a sign of mature, long‑term planning rather than crisis‑driven reaction.
Read more: https://timesofindia.indiatimes.com/business/india-business/nandan-nilekani-at-71-steering-infosys-through-two-critical-successions/articleshow/131449978.cms
#NandanNilekani #Infosys #VishalSikka #NitinParanjpe #SalilParekh #PhilFersht #NavnitSingh
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The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
Times of India | Nitin Paranjpe net worth: How much does the Hindustan Unilever Chairman earn?
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Nitin Paranjpe, the non‑executive chairman of Hindustan Unilever Limited, has amassed his wealth over nearly four decades with the company, with 2026 estimates placing his net worth between ₹80 crore and ₹150 crore (≈ $10‑18 million). After joining Hindustan Lever in 1987 as a management trainee, he rose through roles such as CEO‑MD (earning about ₹9.74 crore in 2011‑12 and later surpassing ₹10 crore), COO, chief transformation officer, and global president before becoming chairman, and now earns board fees, commissions, retainers from board seats at Infosys and Heineken, advisory fees at Kedaara Capital, plus retirement benefits and financial investments. Known for a low‑key lifestyle, he owns property in India and maintains solid financial assets rather than flamboyant spending.
Read more: https://timesofindia.indiatimes.com/etimes/trending/nitin-paranjpe-net-worth-how-much-does-the-hindustan-unilever-chairman-earn/articleshow/130672060.cms
#NitinParanjpe #HindustanUnilever #Unilever #Infosys #Heineken
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The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
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Times of India | Infosys names Nitin Paranjpe vice chairman; Nilekani says no chairman transition planned
AI generated summary, Read the full article for complete information.
Infosys announced that it has appointed Hindustan Unilever’s non‑executive chairman, Nitin Paranjpe, as a non‑executive vice chairman of its board with immediate effect; he also serves as non‑executive vice chairman of Heineken NV. The company said Paranjpe’s extensive leadership experience will help guide the board and its strategic agenda. Infosys chairman Nandan Nilekani added that he will remain chairman for as long as needed and that there is currently no plan for a chairman transition.
Read more: https://timesofindia.indiatimes.com/business/india-business/infosys-names-nitin-paranjpe-vice-chairman-nilekani-says-no-chairman-transition-planned/articleshow/130640026.cms
#Infosys #NitinParanjpe #HindustanUnilever #HeinekenNV #NandanNilekani
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