Close X
Wednesday, November 27, 2024
ADVT 
India

Narayana Murthy Says Regret Quitting As Infosys Chairman

IANS, 17 Jul, 2017 11:37 AM
  • Narayana Murthy Says Regret Quitting As Infosys Chairman
Opening up about his biggest regrets - personal or professional, he recounted that "a lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years".
 
N R Narayana Murthy on Monday said he regrets quitting as chairman of Infosys in 2014 and should have listened to other co-founders of India's second largest software exporter firm and stayed on.
 
Mr Murthy, who had infamous run-ins with the current management led by Vishal Sikka over corporate governance issues, however said he did not miss being in the campus daily.
 
Opening up about his biggest regrets - personal or professional, he recounted 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.
 
However, Mr Murthy did clarify that he did not miss being in the campus daily.
 
In 2014, 33 years after starting Infosys, Mr Murthy bid farewell to the company he had set up with six other co-founders.
 
 
 
Mr Murthy had the longest run of about 21 years as CEO before passing on the baton to Nandan Nilekani and then S Gopalakrishnan and S D Shibulal. In October 2014, former SAP board member Vishal Sikka took over as CEO.
 
Mr Murthy, by then, was serving a second stint at Infosys as Chairman. While he was appointed as Chairman Emeritus with effect from October 11, 2014, Mr Murthy turned down the offer.
 
However, over the last few months, Mr Murthy has been very vocal in criticising Infosys management on a slew of issues, including alleged lapses in corporate governance, CEO salary package and severance pay to former employees.
 
In the interview, the IT veteran termed the listing of the country's second largest software services firm on Nasdaq as his biggest success story.
 
"I think sitting on those high stools at Nasdaq when we got listed, when we became the first Indian company to be listed on Nasdaq, and borrowing the words of Neil Armstrong to say that it is a small step for Nasdaq, but a giant leap for Infosys and the Indian software industry. I think that was the best," he said.

MORE India ARTICLES

Amarinder Singh Announces Total Waiver On Crop Loans For Small, Marginal Farmers

Amarinder Singh Announces Total Waiver On Crop Loans For Small, Marginal Farmers
Punjab Chief Minister Amarinder Singh on Monday announced total waiver of entire crop loans for small and marginal farmers in Punjab.

Amarinder Singh Announces Total Waiver On Crop Loans For Small, Marginal Farmers

Who's who? Yuvraj Singh Poses With His Doppelganger And The PHOTO Will Confuse You Too

Who's who? Yuvraj Singh Poses With His Doppelganger And The PHOTO Will Confuse You Too
A tweet posted yesterday by the BCCI shows Yuvraj Singh posing with his doppelganger:

Who's who? Yuvraj Singh Poses With His Doppelganger And The PHOTO Will Confuse You Too

Rajasthan Man Lynched for Objecting to Civic Officials Taking Photos of Women Defecating in the Open

Rajasthan Man Lynched for Objecting to Civic Officials Taking Photos of Women Defecating in the Open
The incident took place early the morning near Bagwasa Kachi basti area when Zafar Khan, a social worker, tried to stop civic officials, who were out to shame the women of the district, from taking photographs and videos.

Rajasthan Man Lynched for Objecting to Civic Officials Taking Photos of Women Defecating in the Open

Patiala Man Booked For Raping Daughter

Patiala Man Booked For Raping Daughter
The incident came to light when the 14-year-old victim shared her plight with her maternal aunt, who later approached the police.

Patiala Man Booked For Raping Daughter

Ghaziabad Woman Dies Under Mysterious Condition, Husband Arrested

Ghaziabad Woman Dies Under Mysterious Condition, Husband Arrested
A 25-year-old woman allegedly committed suicide in Ghaziabad and her husband has been arrested while her in-laws booked, police said today.

Ghaziabad Woman Dies Under Mysterious Condition, Husband Arrested

Rajasthan: Two Men Thrash Mentally Ill Woman, Make Her Say 'Allah, 'Jai Shri Ram'- WATCH

Rajasthan: Two Men Thrash Mentally Ill Woman, Make Her Say 'Allah, 'Jai Shri Ram'- WATCH
In a shocking incident, two men were found to be brutally thashing a mentally-challenged woman by a pipe in Nagpur, Rajasthan on Tuesday. 

Rajasthan: Two Men Thrash Mentally Ill Woman, Make Her Say 'Allah, 'Jai Shri Ram'- WATCH