Mohan Das Pai recently resigned from Infosys. He was one of the founder members of the firm. Rumors have it that he quit because he was not made the CEO, instead Shibulal was chosen for the Top job which made him take this decision.
Will this affect Infosys in the long run ? Many other senior leaders have also left due to similar discords. Where is infosys headed ?
Yes It will definitely affect Infy but then Mohan Das Pai has clarified that he has other interests so to pursue them, he is moving. Also now Infosys is moving towards 3.0 so it needs a younger leadership so Shibulal might just be perfect for the job. But lets see how things shape up.
yes...even market also reacted very sharply to this with infy shares plunging close to 10% but it was more poor quarterly results than mohandas pai resigning. But this news should ring some alarmbells. When your senior management resigns then its a sign that something is not right with the company.