TIL Desk/Business/Bengaluru/ Infosys Non-Executive Chairman Nandan Nilekani has said the company has taken several steps during the year to remedy the concerns raised on the matter of stability and is on the verge of something momentous. “When I stepped for the second time into Infosys in August last year, one of the concerns that you raised was about the company’s stability. We have taken several steps during the year to remedy this,” he said at the company’s 37th Annual General Meeting here.
“We have a very stable management team and board, and everybody is united, and agrees that we are really on the verge of something momentous. The focus is now on relentless execution,” he added. Infosys faced months of protracted standoff between its founders led by N R Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.
The tussle had led to the sudden resignation of the then CEO Vishal Sikka in August last year, followed by R Seshasayee and some other directors. Speaking at the AGM, Nilekani assured that the company would spare no effort to do all it can to realise its aspirations, with the generous support of all stakeholders and his colleagues on the board.
Related Posts
