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On the resignation of Vishal Sikka

Published in Corporate Friday, 18 August 2017 16:54

The view of  Mahesh Singhi, Founder & MD, Singhi Advisors on Vishal Sikka quitting Infosys as the MD & CEO

“The move is a succession plan to the company where Sikka comes on  the board as vice chairman. during the past couple of months resignation of Dadlani  who was responsible for generating business in the company came as a setback. these rejigs at top position was calling for post the exit. this resignation is just a succession plan for him post the company transformation since he took over. This also seems as the direct move to me at the time when the company is battling against time to put Infosys back on the growth pedestal, as an embattled board and management face questions on poor corporate governance from some of the company’s founders, led by N.R. Narayana Murthy.”

 Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Vishal Sikka quitting Infosys as the MD & CEO "The resignation of Vishal Sikka triggered by “the continuous stream of distractions and disruptions over the recent months and quarters” is very unfortunate. The market has signaled its displeasure with the stock tanking by 7 % by 11. 30. The remark that “Vishal is more CTO material than CEO material” might have turned out to be the last straw.  This unfortunate incident might turn out to be an opportunity if the board quickly finds a new CEO who can lead from the front without disruptions from the promoters."

Last modified on Friday, 18 August 2017 17:01

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