Outsider, beware

“Infosys CEO Leaves In Row With Founder,” The Wall Street Journal, August 19, 2017 B3.  Gibson Dunn had been investigating some internal improprieties.  The former CEO, who was hired by Infosys from outside the company,  will stay on as executive vice chairman.  He is replaced by a long-time Infosys employee.

Seems a bit of a mixed message.  The founder of the company, who left 3 years ago, complains about operations under the new (and now former) CEO, but the former CEO sticks around on the Board.  Who’s really in charge?  Change is hard.

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Filed under Board, Controls, Corporation, Culture, Culture, Directors, Duty, Employees, Governance, Investor relations, Oversight, Third parties

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