Close X
Saturday, November 23, 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

Convicted, Punjab Cop Gurmeet Singh Pinky Stripped Of Gallantry Medal

Sub-Inspector Gurmeet Singh Pinky was awarded the police medal for gallantry in 1997 on the recommendation of the state government for bravery. 

Convicted, Punjab Cop Gurmeet Singh Pinky Stripped Of Gallantry Medal

Mukerian Soldier Killed As Pakistan Violates Ceasefire In Nowshera Sector Of Rajouri

Mukerian Soldier Killed As Pakistan Violates Ceasefire In Nowshera Sector Of Rajouri
The soldier has been identified as Naik Bakhtawar Singh (34), of Hajipur village in Mukerian, Hoshiarpur district.

Mukerian Soldier Killed As Pakistan Violates Ceasefire In Nowshera Sector Of Rajouri

Australia Announces Online Visa Applications For Indians From July

Australian High Commission and Australian Department of Immigration and Border Protection on Friday announced that all Indian nationals would be able to apply Visitor visa applications for Australia online from July 1.

Australia Announces Online Visa Applications For Indians From July

Woman Raped By Uber Driver In India Sues Firm For Breaching Privacy

Woman Raped By Uber Driver In India Sues Firm For Breaching Privacy
The woman, identified only as Jane Doe in the lawsuit filed in federal court in California, said in the complaint that she was “violated physically” when she was brutally raped in Delhi by her Uber driver in December 2014.

Woman Raped By Uber Driver In India Sues Firm For Breaching Privacy

6 Policemen, Including Sub-Inspector, Killed In Militant Ambush In Kashmir, LeT Being Suspected

6 Policemen, Including Sub-Inspector, Killed In Militant Ambush In Kashmir, LeT Being Suspected
The LeT had earlier uploaded a video on the social networking site warning local policemen to stay away from anti-militancy operations.

6 Policemen, Including Sub-Inspector, Killed In Militant Ambush In Kashmir, LeT Being Suspected

Bend it like Khushi: WATCH 13-Year-Old Indian Girl Sets Yoga World Record In Mysore

Bend it like Khushi: WATCH 13-Year-Old Indian Girl Sets Yoga World Record In Mysore
13-year-old Khushi has set a new world record after performing some tough yoga asanas15 times under a minute in Karnataka’s Mysore.

Bend it like Khushi: WATCH 13-Year-Old Indian Girl Sets Yoga World Record In Mysore