Infosys chairman to serve without salary
- IndiaGlitz, [Saturday,September 02 2017]
India's second largest Information Technology outsourcing giant Infosys has been in a state of turmoil with its higher level management in continuous dispute ever since the then CEO Vishal quit the board. To get the ball rolling, the board has brought back co-founder Nandan Nilekani as the non-independent chairman of Infosys as he has rich experience as being the former CEO. But its being learnt that Nandan will not draw any salary for his service even though he holds close to 1 % stake in Infosys's stocks. Infosys is looking to regain trust back from its investors as the board has been facing problems aplenty since the Vishal quit and former chairman Narayana Murthy blamed high incentives for Senior Management as the primary cause for Infosys's downfall.