Monday 13 February 2017

Even Good People Make Mistakes: Narayana Murthy To NDTV On Infosys Board




Infosys co-founder and former chairman NR Narayana Murthy today said the company's board must address concerns raised by him about alleged lapses in corporate governance. "No, I have not withdrawn my concern. They have to be addressed properly by the Board and full transparency should be displayed and people responsible for it should become accountable," Mr Murthy told NDTV. Media reports had earlier today quoted Mr Murthy as saying that he does not want to escalate a confrontation with the board. Mr Murthy and other co-founders have flagged worries over issues like a hike in CEO Vishal Sikka's compensation and big severance pay given to former executives.


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