Infosys Limited announced that David Kennedy, general counsel and chief compliance officer, and the company have mutually agreed that Kennedy’s employment with the India-based software giant will cease on Dec. 31, 2016.
Infosys said it has entered into a separation agreement with Kennedy on Dec. 23, 2016. Kennedy was entitled to revoke his acceptance of the separation agreement within seven days of his signature of the agreement. Accordingly, Dec. 31, 2016 was the effective date of the separation agreement. The company did not give a reason for his departure.
As Compliance Week previously reported, Kennedy was appointed chief compliance officer of Infosys in 2014 after former chief risk and compliance officer, Parvatheesam Kanchinadham, decided to resign after an ethics investigation confirmed that he had made "some gender insensitive" comments to female employees, The Times of India reported.
Kanchinadhamhad assumed the role of chief risk and compliance officer and general secretary in April 2014 from Nithyanandan Radhakrishnan, who left the company to start his own venture.
Deputy General Counsel Gopi Krishnan has assumed Kennedy’s duties as acting general counsel while the company conducts a search for a new general counsel.