The board of global software giant Infosys ltd. on Friday condemn founder N.R Narayan Murthy for the unexpected and dramatically release from CEO & MD Vishal Sikka.
Murthy’s consistent storm including his latest letter is the reason behind for the resignation of sikka in spite of strong support from board.
Murthy doubted sikka’s ability, N.R Murthy attacking the honesty of the board and management for asserted falling Corporate Governance Standard. The board has been involved in a dialogue with the founder to resolve his concern over the period of time trying to find out possible solutions without comprising it’s freedom these were unfortunately not been successful recalled the statement by board.
Posted by Zuber pathan