Vishal Sikka reaches out to Infosys management to assuage concerns
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Bengaluru: Amid founders’ outcry over alleged corporate governance lapses at Infosys Ltd, chief executive officer (CEO) Vishal Sikka has talked to senior management team to assuage their concerns and advised them not to get distracted by the ongoing tussle.
Confirming this, an official familiar with the development told PTI, “Sikka called the senior management team of the company and spoke to them last night.” The official, however, declined to divulge more details.
Sikka has reportedly advised senior management officials not to get distracted by the ongoing spat between the board and the founders, and instead focus on company’s business and strategy. Sikka’s interaction with key senior management comes ahead of his scheduled meeting with investors in Mumbai on 13 February.
The rift between the founders and the board became public after co-founder N.R. Narayana Murthy flagged concerns on corporate governance lapses and hefty compensation to Sikka as well as severance packages doled out to former key executives like Rajiv Bansal and David Kennedy. The founders hold 13% in the company.