Friday, April 19, 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

Delhi Boy, 11, Dies Allegedly After Being Beaten Up By Classmates

Delhi Boy, 11, Dies Allegedly After Being Beaten Up By Classmates
Vishal's family told police that he complained of pain in his stomach on Saturday and informed them about a fight he had with his classmates over a petty issue, following which he was rushed to the hospital.

Delhi Boy, 11, Dies Allegedly After Being Beaten Up By Classmates

Bride Walks Out On Wedding Night After Groom Demands SUV In Uttar Pradesh

Bride Walks Out On Wedding Night After Groom Demands SUV In Uttar Pradesh
A man in Uttar Pradesh's Saharanpur, who demanded a sports utility vehicle on his wedding night, had to walk home empty-handed after the bride called off the wedding.

Bride Walks Out On Wedding Night After Groom Demands SUV In Uttar Pradesh

Getting Married? Here's A Chance To Become 'Abu Jani Sandeep Khosla' Bride

Getting Married? Here's A Chance To Become 'Abu Jani Sandeep Khosla' Bride
Shaadi by Marriott' was created with the intent to craft unique, and personalized wedding experiences, that come alive with great food, fabulous venues, exquisite decor and above all, unparalleled service levels.

Getting Married? Here's A Chance To Become 'Abu Jani Sandeep Khosla' Bride

Abducted And Raped, 13-Year-Old Delhi Girl Returns Home Three Weeks Pregnant

Abducted And Raped, 13-Year-Old Delhi Girl Returns Home Three Weeks Pregnant
The girl had left her home two months ago to buy ice cream and was allegedly kidnapped. Delhi police have arrested three suspects, including one who surrendered at a city court last week.

Abducted And Raped, 13-Year-Old Delhi Girl Returns Home Three Weeks Pregnant

FIR Against All India Bakchod For Insulting PM Modi On Twitter Through Meme

FIR Against All India Bakchod For Insulting PM Modi On Twitter Through Meme
The Mumbai Police Cyber Cell on Friday filed an FIR against All India Bakchod (AIB) co-founder Tanmay Bhat for 'making fun of' nation's Prime Minister Narendra Modi.

FIR Against All India Bakchod For Insulting PM Modi On Twitter Through Meme

22-Year-Old Hyderabad Techie Dies While Working Out In A Gym. Here's How You Can Be Careful

22-Year-Old Hyderabad Techie Dies While Working Out In A Gym. Here's How You Can Be Careful
  A native of Vizag, Varun was residing in Matrusrinagar in Miyapur. He had joined Dell a year ago and was a regular at the gym.

22-Year-Old Hyderabad Techie Dies While Working Out In A Gym. Here's How You Can Be Careful

PrevNext