Unable to take on personal attacks, Sikka quits infosys. Sikka wrote “It is clear to me that despite our successes over the last three years, and the powerful seeds of innovation that we have sown.
, I cannot carry out my job as CEO and continue to create value, while also constantly defendingagainst baselss personal attacks.
Pravin Rao currently chief operating officer, will become interim CEO with sikka to take over as the executive VC until a permanent replacement is hired.
Vishal Sikka will focus on strategic matters and receive an annual salary of $1. Shares of Infosys fell as much as 7.6 percent after his announcement.
Infosys has been battered by allegations of poor corporate governance by Narayana Murthy and fellow founders, including criticism of acquisitions and executive pay.