New Delhi: Indian IT giant Infosys is going to have Narayana Murthy's successor well in time before his retirement in August 2011. But will everything remain unchanged after he leaves? According to noted columnist and commentator Thomas Friedman, Infosys will never be the same after Murthy retires from the company.
Murthy, along with Nandan Nilekani and the other founders did a great thing by showing the new generation of Indians the way to bring out their talents in the global economic playing field and to play like a leader, said Friedman.
Infosys, under Murthy, had set such an example which cannot be altered, said Friedman. At the same time he also said that having spent a lot of time with Infosys, there is a new generation coming up there that's pretty dynamic.
Although Murthy has refused to comment whether he prefers an Infoscion to take up his position, it will most likely be somebody who is very familiar with Infosys Technologies and its culture that will replace N R Narayana Murthy as chairman of the company.
According to senior Infocians, Murthy would not prefer an outsider to become the chairman of the company. The choice is most likely to be made amongst Kris Gopalakrishnan, currently the CEO of Infosys, K V Kamath and Deepak M Satwalekar , both of who are on the board of the company.
The committee that will decide Murthy's successor has ICICI Bank non-executive chairman K V Kamath, Cornell University professor Jeffrey Lehman and HDFC Standard Life Insurance chief executive officer Deepak M Satwalekar as members.
With revenues of Rs.6,198 crore at the end of June 30, 2010, Infosys currently has more than 113,000 employees in over 50 offices worldwide.
Source : Silicon New Network
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