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Ex-directors want Infosys chairman to resign

V Balakrishnan, Mohandas Pai mount pressure on R Seshasayee

R Seshasayee, Infosys board chairman
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Ayan PramanikRaghu Krishnan Bengaluru
Infosys Chairman R Seshasayee came under fire on Friday with two former directors, T V Mohandas Pai and V Balakrishnan, publicly asking him to step down over alleged governance issues and disclosure lapses. The company remained silent on the charges.

The pressure intensified with founder N R Narayana Murthy pointing a finger at Seshasayee. Murthy also criticised the high compensation package of Chief Executive Officer (CEO) Vishal Sikka (Rs 49 crore annually), and high severance packages of former chief financial and chief compliance officers Rajiv Bansal and David Kennedy, respectively. The company has claimed it followed governance norms in these