BENGALURU: Even as the dust appears to be settling on the Tata-Mistry war, there are reports that relations between the first non-promoter CEO of Infosys<\/a>, Vishal Sikka<\/a>, and a section of the IT major's founders are \"less than ideal\". In a faint echo of what happened at Bombay House<\/a>, some of the promoter-shareholders are said to have expressed disquiet over what they see as shifting values. The issues they have raised over the past year or so include the sharp increase in Sikka's compensation early last year; the appointment of Punita Sinha, wife of Union minister Jayant Sinha, as an independent director; and a large severance pay of Rs 17.4 crore to ex-CFO Rajiv Bansal.
\n
These differences, simmering for a while now, are thought to have widened, prompting the majority of the board, led by chairman R Seshasayee, to back Sikka, according to people close to the situation. The founders, together, own 12.75% in Infosys, with N R
Narayana Murthy<\/a> and his family owning the largest block.
\n
\nA spokesman for Infosys said all decisions taken by the company were bonafide and backed by appropriate disclosures. The company takes suggestions and inputs from all stakeholders, including founders, the spokesman added.
\n
\nThe company has been pointing out that Sikka's cash compensation actually went down and the increase has been primarily in RSUs (restricted stock units) and stock options, and that these are directly linked to incredibly steep goals. The goals have not been made public, but Sikka is said to have laid out a stiff target of $20 billion in revenue, 30% in operating margin, and $80,000 in revenue per employee by 2021. Infosys currently has revenue of about $10 billion.
\n
\nOn Punita Sinha, the board's position has been that she is eminently qualified for the job. On severance packages, the thinking is that the company needs to move to international standards. Apart from Bansal, two others - Michael Reh, an executive VP, and David Kennedy, legal counsel-were also paid substantial severance packages when they quit.
\n
\nInfosys has said the employment contracts of key members of the executive management team include a severance clause. “Such clauses are guided by the complexity of the role as well as country-specific regulations,“ it has said.
\n
\nHowever, a senior founder is said to have written Sikka a personal mail last month seeking to dispel any impression that the founders were plotting to change the CEO. This could not be independently verified by TOI. Sikka's strategy since he took over in August 2014 has been to focus on im proving employee morale, innovation and moving up the value chain. He has maintained that Indian IT's older businesses of application development & maintenance, infrastructure management and BPO are slowing and the margins are falling. He believes companies need to innovate and offer value-added services.This move also demands significant acquisitions. But sources said that some of the founders have also been wary of acquisitions. Infosys, through its promoter-led era, has mostly stayed away from acquisitions and followed a remuneration strategy based on `compassionate capitalism'.
\n
\nBut as many HR consultants have pointed out, the Infy founders' policy of low compensation worked as they had huge equity stock in the company which paid handsome dividends, an advantage that senior executives who joined much after the company's storied IPO, didn't have. Senior management hence needed to be paid at market rates.
\n
\n
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":57033175,"title":"EY, Deloitte to carry out due diligence for proposed Vodafone-Idea merger","entity_type":"ARTICLE","link":"\/news\/ey-deloitte-to-carry-out-due-diligence-for-proposed-vodafone-idea-merger\/57033175","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57034450,"entity_type":"ARTICLE","title":"Differences between Infosys CEO Vishal Sikka and some founders?","synopsis":"Even as the dust appears to be settling on the Tata-Mistry war, there are reports that relations between the first non-promoter CEO of Infosys, Vishal Sikka, and a section of the IT major's founders are \"less than ideal\"","titleseo":"telecomnews\/differences-between-infosys-ceo-vishal-sikka-and-some-founders","status":"ACTIVE","authors":[{"author_name":"Shilpa Phadnis","author_link":"\/author\/479212770\/shilpa-phadnis","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212770.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479212770,"author_name":"Shilpa Phadnis","author_seo_name":"Shilpa-Phadnis","designation":"Principal Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":false,"artdate":"2017-02-08 11:23:03","lastupd":"2017-02-08 11:23:39","breadcrumbTags":["Tension at Infosys","Infosys","Narayana Murthy","Bombay House","Vishal Sikka","Enterprise Services"],"secinfo":{"seolocation":"telecomnews\/differences-between-infosys-ceo-vishal-sikka-and-some-founders"}}" data-authors="[" shilpa phadnis"]" data-category-name="" data-category_id="" data-date="2017-02-08" data-index="article_1">

Vishal Sikka印孚瑟斯首席执行官和创始人之间的差异?

即使尘埃似乎是解决Tata-Mistry战争,有报道称关系第一non-promoter印孚瑟斯公司的首席执行官,Vishal Sikka,它的主要的创始人是“不到理想”

希尔帕Phadnis
  • 更新于2017年2月8日11:23点坚持

突出了

  • 有报道称Vishal Sikka和印孚瑟斯创始人之间的差异。
  • 创始人报道引起了各种问题,其中包括Sikka急剧增加的赔偿。

班加罗尔:即使尘埃似乎是解决Tata-Mistry战争,有报道称第一non-promoter首席执行官之间的关系印孚瑟斯,Vishal Sikka和它的主要的创始人是“不到理想”。在发生的微弱回声孟买的房子,一些promoter-shareholders据说对他们看到的变化值表示不安。他们提出的问题在过去一年左右的时间包括去年初Sikka急剧增加的补偿;的妻子联盟部长任命Punita Sinha Jayant Sinha,作为独立董事;和一个大遣散费的17.4卢比ex-CFO拉吉夫·邦萨尔。

这些差异,酝酿了一段时间现在,被认为是扩大,促使绝大多数的董事会,由主席R Seshasayee Sikka,据知情人士。印孚瑟斯创始人,在一起,自己的12.75%,N R斯瓦米没吃和他的家人拥有最大的块。

印孚瑟斯的发言人说,公司的决策都是诚意和支持适当的披露。公司需要建议和输入所有利益相关者,包括创始人,该发言人补充说。

公司指出Sikka的现金补偿实际下降和增加限制主要限制性股票和股票期权,这是非常陡峭的目标直接相关。目标尚未公开,但据说Sikka制定了一个僵硬的目标收入200亿美元,营业利润率为30%,到2021年员工人均80000美元的收入。印孚瑟斯目前的收入约为100亿美元。

在Punita Sinha,董事会一直在她的立场是完全能胜任这项工作。在遣散费的想法是,该公司需要搬到国际标准。除了邦萨尔,两人——迈克尔盐土,执行副总裁,和大卫·肯尼迪,法律counsel-were辞职时也大量的遣散费。

印孚瑟斯说,雇佣合同的执行管理团队的主要成员包括遣散费条款。”这样的条款是根据角色的复杂性以及国家法规,”它说。

然而,资深创始人据说上个月Sikka个人写邮件寻求消除任何印象,创始人正在策划改变CEO。这个由钢铁洪流无法得到独立消息来源的证实。Sikka的战略接过2014年8月以来一直关注我证明员工士气,创新和向价值链上游进军。他坚称印度老企业应用程序开发与维护、基础设施管理和业务流程外包放缓,利润率下降。他认为公司需要创新和提供增值服务。此举还要求重大收购。但消息人士说,一些创始人也一直在警惕的收购。印孚瑟斯,通过其promoter-led时代,大多远离收购和遵循薪酬策略基于“富有同情心的资本主义”。

但正如许多人力资源顾问指出,Infy创始人的政策低薪酬的工作,因为他们有巨大的公司的股票支付红利,帅气的优势,高管加入公司的传奇IPO之后,没有。高级管理层因此需要支付市场利率。



  • 发布于2017年2月8日11:23点坚持
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BENGALURU: Even as the dust appears to be settling on the Tata-Mistry war, there are reports that relations between the first non-promoter CEO of Infosys<\/a>, Vishal Sikka<\/a>, and a section of the IT major's founders are \"less than ideal\". In a faint echo of what happened at Bombay House<\/a>, some of the promoter-shareholders are said to have expressed disquiet over what they see as shifting values. The issues they have raised over the past year or so include the sharp increase in Sikka's compensation early last year; the appointment of Punita Sinha, wife of Union minister Jayant Sinha, as an independent director; and a large severance pay of Rs 17.4 crore to ex-CFO Rajiv Bansal.
\n
These differences, simmering for a while now, are thought to have widened, prompting the majority of the board, led by chairman R Seshasayee, to back Sikka, according to people close to the situation. The founders, together, own 12.75% in Infosys, with N R
Narayana Murthy<\/a> and his family owning the largest block.
\n
\nA spokesman for Infosys said all decisions taken by the company were bonafide and backed by appropriate disclosures. The company takes suggestions and inputs from all stakeholders, including founders, the spokesman added.
\n
\nThe company has been pointing out that Sikka's cash compensation actually went down and the increase has been primarily in RSUs (restricted stock units) and stock options, and that these are directly linked to incredibly steep goals. The goals have not been made public, but Sikka is said to have laid out a stiff target of $20 billion in revenue, 30% in operating margin, and $80,000 in revenue per employee by 2021. Infosys currently has revenue of about $10 billion.
\n
\nOn Punita Sinha, the board's position has been that she is eminently qualified for the job. On severance packages, the thinking is that the company needs to move to international standards. Apart from Bansal, two others - Michael Reh, an executive VP, and David Kennedy, legal counsel-were also paid substantial severance packages when they quit.
\n
\nInfosys has said the employment contracts of key members of the executive management team include a severance clause. “Such clauses are guided by the complexity of the role as well as country-specific regulations,“ it has said.
\n
\nHowever, a senior founder is said to have written Sikka a personal mail last month seeking to dispel any impression that the founders were plotting to change the CEO. This could not be independently verified by TOI. Sikka's strategy since he took over in August 2014 has been to focus on im proving employee morale, innovation and moving up the value chain. He has maintained that Indian IT's older businesses of application development & maintenance, infrastructure management and BPO are slowing and the margins are falling. He believes companies need to innovate and offer value-added services.This move also demands significant acquisitions. But sources said that some of the founders have also been wary of acquisitions. Infosys, through its promoter-led era, has mostly stayed away from acquisitions and followed a remuneration strategy based on `compassionate capitalism'.
\n
\nBut as many HR consultants have pointed out, the Infy founders' policy of low compensation worked as they had huge equity stock in the company which paid handsome dividends, an advantage that senior executives who joined much after the company's storied IPO, didn't have. Senior management hence needed to be paid at market rates.
\n
\n
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":57033175,"title":"EY, Deloitte to carry out due diligence for proposed Vodafone-Idea merger","entity_type":"ARTICLE","link":"\/news\/ey-deloitte-to-carry-out-due-diligence-for-proposed-vodafone-idea-merger\/57033175","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57034450,"entity_type":"ARTICLE","title":"Differences between Infosys CEO Vishal Sikka and some founders?","synopsis":"Even as the dust appears to be settling on the Tata-Mistry war, there are reports that relations between the first non-promoter CEO of Infosys, Vishal Sikka, and a section of the IT major's founders are \"less than ideal\"","titleseo":"telecomnews\/differences-between-infosys-ceo-vishal-sikka-and-some-founders","status":"ACTIVE","authors":[{"author_name":"Shilpa Phadnis","author_link":"\/author\/479212770\/shilpa-phadnis","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212770.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479212770,"author_name":"Shilpa Phadnis","author_seo_name":"Shilpa-Phadnis","designation":"Principal Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":false,"artdate":"2017-02-08 11:23:03","lastupd":"2017-02-08 11:23:39","breadcrumbTags":["Tension at Infosys","Infosys","Narayana Murthy","Bombay House","Vishal Sikka","Enterprise Services"],"secinfo":{"seolocation":"telecomnews\/differences-between-infosys-ceo-vishal-sikka-and-some-founders"}}" data-news_link="//www.iser-br.com/news/differences-between-infosys-ceo-vishal-sikka-and-some-founders/57034450">