Sikka will become executive vice-chairman for 90 days and will be paid USD 1 in annual salary.
N R Narayana Murthy's public criticism of the management may not necessarily represent that of the entire promoter group, said IiAS. Photo: PTI- Murthy, who left all board positions at Infosys before Sikka began his five-year term in August 2014, launched a counter-offensive saying that all he wanted as a shareholder was good governance and had neither questioned Sikka's work nor sought money or position for his children. (Photo: PTI)
- Venkatesan also disagreed with Murthy's comment on Sikka being better suited as CTO than as a CEO. (Photo: PTI)
- Sikka will help the company search a new MD and CEO and the deadline has been set for March 31, 2018. (Photo: PTI)
- Sikka in his resignation letter to the Board said that \"over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks. (Photo: PTI)
- In February last year, Sikka's term was mid-way extended by two more years till 2021 largely because of his performance. (Photo: PTI)
- Infosys board in an unusually strong statement defended Sikka's performance and ruled out a formal role for Murthy in the company's governance. (Photo: PTI)
- Sikka, 50, a former German IT major SAP executive under whose three-year tenure Infosys' revenue rose by about 25 per cent. (Photo: PTI)
- Sikka's exit just a day ahead of the Board mulling up to Rs 13,000 crore buyback offer sent company stocks plummeting nearly 10 per cent, with its market valuation falling by over Rs 22,518 crore. (Photo: PTI)
Vishal Sikka, the first non-founder CEO of Infosys, on Friday resigned from the company following months of acrimony with high-profile founders, led by NR Narayana Murthy citing malicious and personal attacks on him. (Photo: PTI)
Sikka will become executive vice-chairman for 90 days and will be paid USD 1 in annual salary.
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