Bangalore, August 21: Former Infosys CFO Mohandas Pai Monday flayed Executive Vice-Chairman Vishal Sikka for blaming co-founder N R Narayana Murthy for the crisis in the company to cover up his bad performance.
Yes, true. He (Sikka) wanted to leave from February by his own admission. He is covering up his own failure to reach the target by blaming Narayana Murthy, he said in an e-mail interview.
He stated this in response to a question if Sikka put the entire blame on Murthy to cover up his bad performance.
Sikka’s resignation has plunged Infosys into crisis with the company facing several issues, including a suitable replacement as CEO. Sikka had resigned following months of acrimony with Murthy, citing malicious and personal attacks on him, though he did not name Murthy for his exit.
The board of the $10 billion firm blamed him for continuous assault through factually inaccurate and already-disproved rumours for the sudden resignation despite strong Board support.
Replying to a query, Pai said that Sikka’s appointment as Executive Vice Chairman of Infosys is a governance issue and added it had created a confusing lineup, with the company already boasting of a Chairman (R Seshasayee) and a Co-Chairman (Ravi Venkatesan).
Yes, the company has a chair, a co-Chair, an executive co-chair, an acting CEO. A very confusing lineup, he stated.
Earlier in an interview with another media outlet, Pai had said the employment agreement was only disclosed in the Securities and Exchange Commission filing, and he did not recall it had been approved by shareholders. PTI
