Many analysts are disappointed with Infosys CEO Vishal Sikka’s exit. They expect more attrition at the top, difficulties in finding a good replacement, continuing tensions between the board and the founders, and confusion around the company’s direction. And all of this is expected impact the company’s performance and weigh on the stock, at least in the short term.
Peter Bendor-Samuel, CEO of outsourcing research firm Everest Group, said the founders may take some pleasure in Sikka’s resignation, however, Infosys faces a difficult task in replacing him and the abrupt departure puts Infosys in a difficult situation. “Few strong or promising executives will want to take on the troubles that Sikka had with a divided board,” he said.