NR Narayana Murthy regrets quitting Infosys as chairman

18 July 2017, 12:24 AM
NR Narayana Murthy regrets quitting Infosys as chairman
NR Narayana Murthy regrets quitting Infosys as chairman

NR Narayana Murthy on Monday told that he regrets his decision of quitting as chairman of Infosys in the year 2014. He feels that he should have paid heed to other co-founders of India's second largest software exporter firm and stayed there.

Murthy had infamous run-ins with the present management that is led by Vishal Sikka over corporate governance issues. However he told that he did not miss being in premises daily.

He disclosed his biggest regrets and told that "a lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years".

"Generally, I find that I am a very emotional person. A lot of my decisions are based on idealism and probably, I should have listened to them," he told CNBC TV18.

Murthy had set up the company with six other co-founders 33 years before he quit it in 2014.

Murthy was CEO for the longest term of about 21 years and then he handed over the position to Nandan Nilekani and then S Gopalakrishnan and S D Shibulai. Former SAP board member Vishal Sikka took over as CEO in October 2014.

Murthy was appointed as chairman emeritus in with effect from October 11, 2014 but he did not accept the offer.

However, over last few months, Murthy had showed strong criticism towards the management of of Infosys on many issues that included alleged lapses in corporate governance, CEO salary package and also on the pay of former employees.  

First Published: Tuesday, July 18, 2017 12:01 AM

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