Seeking Alpha

Executive departures swell at Infosys; Murthy unfazed

Infosys (INFY -1%) India division chief Chandrashekhar Kakal has resigned. ZDNet observes Rakal is the 9th senior exec to leave the IT outsourcing giant since co-founder Narayana Murthy returned as chairman last June.

Other departures include global manufacturing/Americas chief Ashok Vemuri, and outsourcing head V. Balakrishnan.

Though analysts are worried about the departures, Murthy doesn't seem concerned. "Barring exceptions—I have to mention that because there were a couple of good people—the rest of the people who had to leave unfortunately were people who were drawing very high salary and unfortunately we were not getting value from them."

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Comments (2)
  • Deja Vu
    , contributor
    Comments (1681) | Send Message
    Murthy is firing every single person with a shred of competence so that his son Rohan can succeed him. Short INFY.
    24 Mar 2014, 10:55 PM Reply Like
  • srmedava
    , contributor
    Comments (29) | Send Message
    Deja Vu,


    Nonsense, Higher Pay = Higher Performance
    14 Apr 2014, 02:11 PM Reply Like
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