Vishal Sikka exits Infosys: The story so far

Infosys chief executive officer Vishal Sikka resigned on Friday

The heightened acrimony between Infosys’ board and cohort of founders came to a head on Friday, with the resignation of CEO Vishal Sikka. 

August 2014:  Vishal Sikka, former SAP AG executive board member, takes over from S D Shibulal as Infosys CEO to revive the company’s fortunes which was losing market share

February 2016:  Board decides to extend Sikka’s tenure by two years to 2021

February 10:  Co-founder Narayana Murthy dubs hefty severance pay to former chief financial officer Rajiv Bansal as “hush money”, says governance standards at Infosys are dropping

Board denies any lapses, appoints law firm of Cyril