Close X
Sunday, November 24, 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

MBA Grad Molested, Thrown Out Of Autorickshaw In Thane Near Mumbai

MBA Grad Molested, Thrown Out Of Autorickshaw In Thane Near Mumbai
When the auto rickshaw proceeded a little distance, the co-passenger allegedly started touching her inappropriately to which she objected and raised an alarm, Thane police PRO Sukhada Narkar said.

MBA Grad Molested, Thrown Out Of Autorickshaw In Thane Near Mumbai

WATCH: In Mob Attack, Punjab Drug Dealer Has Hand, Foot Chopped Off, Dies In Faridkot

WATCH: In Mob Attack, Punjab Drug Dealer Has Hand, Foot Chopped Off, Dies In Faridkot
Mob Chops Off Limb And Foot Of Man Accused Of Supplying Drugs To Youths In Punjab Village

WATCH: In Mob Attack, Punjab Drug Dealer Has Hand, Foot Chopped Off, Dies In Faridkot

54-Year-Old Ailing Delhi Woman Fights Off Men Trying To Snatch Chain, Kicks Their Bike

54-Year-Old Ailing Delhi Woman Fights Off Men Trying To Snatch Chain, Kicks Their Bike
When the men realised that they had been cornered, they fled from the spot leaving their motorcycle behind.

54-Year-Old Ailing Delhi Woman Fights Off Men Trying To Snatch Chain, Kicks Their Bike

Chhota Shakeel's Aide Nabbed, Was Planning To Kill Pakistani-Canadian Writer Tarek Fatah

Chhota Shakeel's Aide Nabbed, Was Planning To Kill Pakistani-Canadian Writer Tarek Fatah
NEW DELHI:  The Delhi Police Special Cell arrested an alleged aide of gangster Chhota Shakeel, who the police said was planning to target Pakistan-born Canadian writer Tarek Fatah. 

Chhota Shakeel's Aide Nabbed, Was Planning To Kill Pakistani-Canadian Writer Tarek Fatah

Depressed Ludhiana Industrialist Jagmeet Pal Singh Khurana Kills Wife, Son Before Committing Suicide

Depressed Ludhiana Industrialist Jagmeet Pal Singh Khurana Kills Wife, Son Before Committing Suicide
Jagmeet Pal Singh Khurana, 40, who owns a furnace unit at Focal Point besides an iron store at Millerganj, used his licensed gun. He allegedly shot at his wife Jaspreet Kaur alias Neetu (38), son Jashandeep Singh (18) and daughter Bisman (15).

Depressed Ludhiana Industrialist Jagmeet Pal Singh Khurana Kills Wife, Son Before Committing Suicide

4,000 Indian Students Seek US Visa For Higher Education

4,000 Indian Students Seek US Visa For Higher Education
Around 4,000 Indian students appeared for interviews on Thursday to secure the American visa to pursue higher education in the US, brushing aside fears of hate crimes in that country.

4,000 Indian Students Seek US Visa For Higher Education