Bangalore - November 5, 2014
Infosys (NYSE: INFY) today announced the appointment of David D. Kennedy as Executive Vice President and General Counsel for the company with effect from November 1, 2014. David D. Kennedy will also be the Executive Officer of the Company for the purposes of SEC Reporting. He will be based out of Palo Alto, California.
Prior to joining Infosys, between 2012 and 2014, David D. Kennedy was JDA Software Group, Inc.’s Executive Vice President, Corporate Secretary and Chief Legal Officer. Prior to JDA Software, he was General Counsel and Corporate Secretary at Better Place Inc., a company that built infrastructure networks for electric vehicles. From 2007 to 2009, Mr. Kennedy served as the General Counsel and Secretary for Business Objects S.A. From 1998 to 2007, Mr. Kennedy served in various leadership roles within the legal department of a number of IBM business units, which included responsibilities in IBM’s PC, sales, services and networking groups. He received a Bachelor of Science degree in Business Administration and has his Juris Doctor (J.D) from The University of Connecticut School of Law.
Commenting on Mr. Kennedy’s appointment, Dr. Vishal Sikka, Chief Executive Officer and Managing Director, Infosys said, “We are really excited to have David join us at Infosys as our General Counsel. Having served in leading legal roles at prominent technology companies over a 25 year career, David brings diverse and rich experience to lead this key dimension in the evolution of Infosys as we reshape into a next-generation services company. We wish him great success and look forward to working together.”
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.
Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$8.25 billion in annual revenues and 165,000+ employees, is Building Tomorrow's Enterprise® today.
Certain statements in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2014 and on Form 6-K for the quarter ended September 30, 2014. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this press release is mentioned at the beginning of the release, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.
For further information, please contact: PR_Global@infosys.com