Shares of Infosys today ended over 1 per cent lower following the exit of its global head of strategic sales, marketing and alliances Prasad Thrikutam.

After falling 2.69 per cent to ₹2,956.15 in intra-day trade, the stock of India’s second largest software services firm ended at ₹2,999.80, down 1.26 per cent on the BSE.

At the NSE, the IT major’s scrip settled 1.35 per cent lower at ₹3,000.

The exit of Thrikutam, who was also the head of Infosys Americas, comes within a fortnight of the resignation of President and Board Member B G Srinivas as the company searches for a CEO to succeed S D Shibulal who is due to retire by January next year.

Interestingly, both Srinivas and Thrikutam worked with Infosys for 19 years.

This is the 11th top-level exit from the Bangalore-based company since the return of co-founder N R Narayana Murthy at the helm of affairs in June last year.

The firm in a statement had yesterday said: “Prasad Thrikutam has decided to pursue interests outside of Infosys. In his 19-year journey with the company, he has managed many portfolios including Hi-Tech Discrete Manufacturing Unit, Energy, Utilities & Services and most recently served at the Global Head of Strategic Sales, Marketing and Alliances.”

President and Board Member U B Pravin Rao will manage Thrikutam’s portfolios, Infosys had said.

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