Business News

founders to avoid public spats

Feb, 15 2017 08:38:29 IST

New Delhi: Infosys Chairman R Seshasayee said on Tuesday that he has reached out to the company’s billionaire co-founders to see that the rift between them and the management over corporate governance issues does not spill into the open.

With some of the co-founders, including N R Narayana Murthy, questioning a steep hike in his pay package, Chief Executive Vishal Sikka, along with Seshasayee, addressed investors for the second day in a row to assuage their concerns.

Sikka, who reportedly described a whistleblower’s letter over severance package to former CFO as a direct, reckless, malicious, slanderous and personal attack on him by diabolical minds, said Infosys clients have not raised any questions on alleged governance lapses and have come out in “strong support” of the company.

%d bloggers like this: