The boardroom shake-up at Infosys on Thursday signalled a truce to the blood-letting between the founders and the directors that cost the company and its shareholders dearly . While the exits of R Seshasayee and Jeff Lehman were on the cards along with that of Vishal Sikka, that of John Etchemendy was a bit of a surprise. As was Roopa Kudva and Ravi Venkatesan staying on.
Peter Bendor-Samuel CEO of Everest Group, said “It’s interesting that not all members are stepping down and this probably signals that the board is not raising the white flag to Murthy who, I understand, they are very upset with. Nilekani’s return to Infosys signals a commitment from the board to try and heal the divide between board members, board and founders and internally within the ranks of Infosys employees.“