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Another Infosys chief compliance officer abruptly departs

Jaclyn Jaeger | January 3, 2017

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...

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