Infosys Founder Plays Down Top Management Exits; Focuses On Innovation
after a spate of staff exits triggered concerns about a leadership vacuum, founder Narayana Murthy said on Saturday Infosys has enough senior managers to run the business even if more executives leave India’s second-largest IT services exporter. Infosys has for the first time picked an outsider Vishal Sikka, former senior executive at German software company SAP AG as CEO, as it seeks to boost sales of high-margin services and stem a staff exodus. Murthy played down the departure of at least 11 senior executives since he was brought back from retirement in June last year to help regain market share, saying some of them were low performers.
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