New Delhi: Amid the ongoing conflict between Infosys’ board and its founders, its chief executive officer (CEO) Vishal Sikka is scheduled to meet institutional investors on Monday at an event in Mumbai. The event may see Sikka briefing participating fund managers on issues that have prompted some of Infosys’ co-founders, including N.R. Sikka will deliver a keynote address at Kotak’s Chasing Growth Conference on 13 February in Mumbai at 10 am. Asked about the founders’ expectation from Sikka at the upcoming meeting with fund managers, Infosys former CFO V. Balakrishnan told PTI, “I think Sikka should focus on business and performance because that is more important”. Murthy, along with other co-founders Nandan Nilekani and S. Gopalakrishnan, had written to Infosys board asking why Sikka’s compensation was raised and hefty severance packages offered to two top-level executives who quit the company.

Source: Mint February 12, 2017 11:33 UTC