In 2014, information technology major Infosys adopted a governance structure, in which two different persons hold the positions of chairperson and chief executive officer (CEO). Narayana Murthy, co-founder of the company, who held the position of executive chairman, and steered the company for over 30 years, decided to retire and handed over the management to a team headed by Vishal Sikka, who would operate under the guidance and supervision of a professional board.
Currently, the board has 10 members, of which only two are executive directors (CEO and COO) and others are independent directors. The chairperson is an independent director.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

