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Infosys adds D N Prahlad to board committee

Prahlad was appointed as independent director of the software exporter last year

Prahlad on Infosys board gets promoters to assert voice: Corp governance expert
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Ayan PramanikRaghu Krishnan
Infosys has added independent director D N Prahlad to a committee of the board to engage with stakeholders, following a recent spat between the management and founders led by N R Narayana Murthy.

Prahlad, a former employee of Infosys, was appointed as independent director of the software exporter last year with recommendations by Murthy after he raised concerns that the board had failed in its fiduciary duty to question decisions made by the management. 

Prahlad was added as the fourth member of the stakeholders’ relationship committee, which consists of  professor Jeffrey S Lehman, professor John W Etchemendy, both independent directors, and Ravi