Bengaluru: The trouble at Infosys Ltd is the result of a personality clash between founder N.R. Narayana Murthy and chief executive officer Vishal Sikka that is damaging to both its shareholders and employees. Sikka, who took over as CEO in August 2014, managed to steer Infosys to industry-leading 9.1% dollar revenue growth in 2015-16. Also Read: Infosys founders at odds with chairman R. SeshasayeeAt the heart of this personality clash is Sikka’s method of working without being micro-managed. Sikka, if need be, can use the clause of ‘Good Reason’ to terminate the existing employment agreement with Infosys, and still get his severance payment if Infosys appoints an executive chairman or vice chairman.
Source: Mint February 10, 2017 10:35 UTC