The Free Press Journal

Sikka blaming Murthy to cover up poor show:Pai

- AGENCIES

Former Infosys CFO Mohandas Pai on Monday flayed Executive Vice-Chairman Vishal Sikka for blaming cofounder 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.

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