Bengaluru ― Vishal Sikka, MD and CEO of software giant Infosys, has quit the company, putting to rest the uneasy calm prevailing in the company so far in its top management.
Sikka has put forth ‘personal attacks’ as the main reason for his decision to leave the company. The exit has not come as a big surprise to those closely monitoring the developments ever since founder NR Narayanamurthy wished to move away from the company affairs under the pretext of passing over the same to the next generation. But NRN’s exit was also followed by other founding fathers, including the likes of Nandan Nilekani, expressing similar desires.
Industry sources say most of the quarterly results after Vishal Sikka took over the reins of the company did not perform the way they were expected to. The dissatisfaction with the sluggishness, they say, prompted Narayanamurthy to go public with a statement that he had committed a mistake by detaching himself from the company he toiled and strived to ensure it became a sought-after global company.
Sikka to continue as Vice President of Infosys
Sikka will continue as the vice president of Infosys according to company’s secretary AGS Manikanta. He has stated that the resignation of the MD and CEO has been accepted in the board meeting of the company held today.
UB Praveen Rao will function as the interim CEO, stated the secretary.