Tuesday, December 22, 2009

Narayana Murthy is most likely to retire in 2011

New Delhi: All set for a change in leadership, the IT major Infosys' Chief NR Narayana Murthy is most likely to retire in 2011. Sharing his opinion on who will take over as the next Chief after his retirement, Murthy said that the talent within the company will be assessed and then rewarded.

As reported by ANI, Murthy however, added, "I would not like to rule out bringing talent from outside. Will first assess talent from within and reward loyal people." He said that Infosys has a lot of talented people. He hinted out that somebody loyal to the organisation will take the charge, selected mainly on the basis of merit and competence.

Infosys Human Resources Head Mohandas Pai also gave his opinion on who would take over from Murthy. He said the biggest challenge for Infosys is the transition from a founder-led to a non-founder led firm, but was adamant on his point that the brand equity of Infosys is much larger than those of its founders. Infosys has created a strong structure and is not dependent on any individual, added Pai.

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