In a recent interview, NR Narayana Murthy, the founder of Infosys, revealed that he has not been consulted on any decision since 2017. He stated that he does not expect to be consulted in the future either.
Murthy founded Infosys in 1981 and served as its CEO until 2002. He then returned to the company in 2013 as executive chairman and served until 2014. Since then, he has been serving as a non-executive chairman.
Murthy’s comments come at a time when Infosys is facing a leadership crisis. The company’s current CEO, Salil Parekh, has been accused of corporate governance lapses. The company’s board has also been criticized for its handling of the situation.
Murthy’s comments suggest that he is not happy with the current leadership of the company. He has been vocal in his criticism of the board and has called for greater transparency and accountability.
Murthy’s comments also suggest that he is not happy with the current direction of the company. He has been critical of the company’s focus on short-term profits and has called for a greater focus on long-term value creation.
Murthy’s comments are likely to add to the pressure on the current leadership of the company. It remains to be seen how the board and the management will respond to his comments.
Murthy’s comments are a reminder of the importance of corporate governance and the need for companies to be accountable to their stakeholders. It is also a reminder of the need for companies to focus on long-term value creation and not just short-term profits.