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

Former Punjab DGP KPS Gill Dies At 82

Former Punjab DGP KPS Gill Dies At 82
Gill, a former Director General of Punjab Police, was suffering from end-stage kidney failure and significant ischemic heart disease.

Former Punjab DGP KPS Gill Dies At 82

Canada Grants Visa And A Free Ticket To The Retired CRPF Top Cop Tejinder Singh Dhillon

Canada Grants Visa And A Free Ticket To The Retired CRPF Top Cop Tejinder Singh Dhillon
Canada has granted visa and a free ticket to the retired CRPF top cop who, a week back, was denied entry to Canada.

Canada Grants Visa And A Free Ticket To The Retired CRPF Top Cop Tejinder Singh Dhillon

Pakistan Is A 'Well Of Death', Easy To Go But Tough To Return, Says Uzma After Her Return To India

Pakistan Is A 'Well Of Death', Easy To Go But Tough To Return, Says Uzma After Her Return To India
Uzma Ahmed, the Indian woman who was allegedly forced to marry a Pakistani man at gunpoint during her visit there, called Pakistan a “well of death” while narrating her ordeal on her return on Thursday.

Pakistan Is A 'Well Of Death', Easy To Go But Tough To Return, Says Uzma After Her Return To India

Viral: Video Shows 4 Sikh Men Beaten Up In Ajmer, Rajasthan Govt Orders Probe- WATCH!

Viral: Video Shows 4 Sikh Men Beaten Up In Ajmer, Rajasthan Govt Orders Probe- WATCH!
The 51-second video shows four members of Sikh community being abused and thrashed by a mob as people witnessing the incident filmed the entire episode.

Viral: Video Shows 4 Sikh Men Beaten Up In Ajmer, Rajasthan Govt Orders Probe- WATCH!

1984 Sikh Victims: Delhi Govt Waives Power Bills Of More Than 2000 Families

1984 Sikh Victims: Delhi Govt Waives Power Bills Of More Than 2000 Families
The Delhi government has decided to waive pending electricity bills of over 2,000 families of 1984 anti-Sikh riot victims.

1984 Sikh Victims: Delhi Govt Waives Power Bills Of More Than 2000 Families

Balbir Singh Dhol Resigns From Post Of PSEB Chairman After Poor Exam Results

Balbir Singh Dhol Resigns From Post Of PSEB Chairman After Poor Exam Results
Punjab School Education Board (PSEB) chairman Balbir Singh Dhol has resigned from his post, an official spokesman said here today.

Balbir Singh Dhol Resigns From Post Of PSEB Chairman After Poor Exam Results