Thursday, February 12, 2026
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

Navjot Sidhu Launches 'People’s Govt At Their Doorsteps' Campaign

Navjot Sidhu Launches 'People’s Govt At Their Doorsteps' Campaign
Punjab Local Bodies Minister Navjot Singh Sidhu on Thursday launched a campaign with an aim to reach out to the people to understand their problems.

Navjot Sidhu Launches 'People’s Govt At Their Doorsteps' Campaign

African Students Grapple With Anger, Shock Over Attack On Nigerians

African Students Grapple With Anger, Shock Over Attack On Nigerians
African students in the capital are still shocked over the violent attack on some Nigerian students earlier this week in Greater Noida, which they say is a grim reminder of the "palpable hatred" which some Indians still harbour for the 'blacks'.

African Students Grapple With Anger, Shock Over Attack On Nigerians

Delhi HC Say 'No' To Kejriwal Plea Seeking Stay Of Defamation Case

Delhi HC Say 'No' To Kejriwal Plea Seeking Stay Of Defamation Case
The Delhi High Court on Thursday rejected a plea of Chief Minister Arvind Kejriwal and Deputy Chief Minister Manish Sisodia seeking a stay of trial court proceedings in a criminal defamation complaint filed by an advocate.

Delhi HC Say 'No' To Kejriwal Plea Seeking Stay Of Defamation Case

Majority Of Middle-aged Canadians Not Using Condoms: Survey

Majority Of Middle-aged Canadians Not Using Condoms: Survey
  Research from the University of Guelph indicates Canadians aged between 40 and 59 are less likely to use condoms than their younger counterparts.

Majority Of Middle-aged Canadians Not Using Condoms: Survey

First Afghan Women's Orchestra Tries To Change Attitudes

First Afghan Women's Orchestra Tries To Change Attitudes
KABUL — Afghanistan's first — and only — all-female symphony is trying to change attitudes in a deeply conservative country where many see music as immoral, especially for women.

First Afghan Women's Orchestra Tries To Change Attitudes

'Narendra Modi Set To Become India's Third Most Successful PM After Jawaharlal Nehru And Indira Gand

'Narendra Modi Set To Become India's Third Most Successful PM After Jawaharlal Nehru And Indira Gand
Narendra Modi is set to become the "third most successful" Prime Minister of India after Jawaharlal Nehru and Indira Gandhi

'Narendra Modi Set To Become India's Third Most Successful PM After Jawaharlal Nehru And Indira Gand