Infosys' first non-founder CEO Vishal Sikka, quit on Friday citing slander by founders.
As the pressure of being under the constant scrutiny of the firm's high-profile founders, Infosys' search for a new CEO may not be an easy one as many candidates may shy away, said industry leaders and experts.
Vishal Sikka, Infosys' first non-founder CEO, quit on Friday citing slander by founders. The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
The search would include both internal and external candidates.
"Any potential candidate will be concerned about being watched and publicly criticised an idea that cannot be pleasing to anyone on the outside," Institutional Investor Advisory Services said.
The proxy advisory firm added that in this backdrop, internal candidates "that remain faithful to the old guard" would be an easy choice "but risks compromising competence for peace".
Infosys' founders -- Murthy being the most vocal critic among them -- have for the past several months raised issues of alleged corporate governance lapses at the company. There have also been whistle-blower allegations of impropriety in Infosys' 2015 acquisition of Israeli automation-tech firm Panaya for USD 200 million.
Having set up the company along with six others three decades ago, Murthy along with some former executives have publicly questioned high pay packages given to Sikka and the severance package offered to ex-CFO Rajiv Bansal and former General Counsel David Kennedy.
There are some who have also questioned Infosys Board's narrative and raised doubts over its staunch refusal to make public the report of the investigation firms on the alleged whistle-blower complaints.
Infosys' search for a new CEO may not be an easy one as many candidates may shy away, said industry leaders and experts.
Vishal Sikka, Infosys' first non-founder CEO, quit on Friday citing slander by founders. The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
The search would include both internal and external candidates.
"Any potential candidate will be concerned about being watched and publicly criticised an idea that cannot be pleasing to anyone on the outside," Institutional Investor Advisory Services said.
The proxy advisory firm added that in this backdrop, internal candidates "that remain faithful to the old guard" would be an easy choice "but risks compromising competence for peace".
Infosys' founders -- Murthy being the most vocal critic among them -- have for the past several months raised issues of alleged corporate governance lapses at the company. There have also been whistle-blower allegations of impropriety in Infosys' 2015 acquisition of Israeli automation-tech firm Panaya for USD 200 million.
Having set up the company along with six others three decades ago, Murthy along with some former executives have publicly questioned high pay packages given to Sikka and the severance package offered to ex-CFO Rajiv Bansal and former General Counsel David Kennedy.
There are some who have also questioned Infosys Board's narrative and raised doubts over its staunch refusal to make public the report of the investigation firms on the alleged whistle-blower complaints.
' search for a new CEO may not be an easy one as the pressure of being under the constant scrutiny of the firm's high-profile founders could see many candidates shying away, said industry leaders and experts.
Vishal Sikka, Infosys' first non-founder CEO, quit on Friday citing slander by founders. The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
The search would include both internal and external candidates.
"Any potential candidate will be concerned about being watched and publicly criticised an idea that cannot be pleasing to anyone on the outside," Institutional Investor Advisory Services said.
The proxy advisory firm added that in this backdrop, internal candidates "that remain faithful to the old guard" would be an easy choice "but risks compromising competence for peace".
Infosys' founders -- Murthy being the most vocal critic among them -- have for the past several months raised issues of alleged corporate governance lapses at the company. There have also been whistle-blower allegations of impropriety in Infosys' 2015 acquisition of Israeli automation-tech firm Panaya for USD 200 million.
Having set up the company along with six others three decades ago, Murthy along with some former executives have publicly questioned high pay packages given to Sikka and the severance package offered to ex-CFO Rajiv Bansal and former General Counsel David Kennedy.
There are some who have also questioned Infosys Board's narrative and raised doubts over its staunch refusal to make public the report of the investigation firms on the alleged whistle-blower complaints.
' search for a new CEO may not be an easy one as the pressure of being under the constant scrutiny of the firm's high-profile founders could see many candidates shying away, said industry leaders and experts.
Vishal Sikka, Infosys' first non-founder CEO, quit on Friday citing slander by founders. The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.
The search would include both internal and external candidates.
"Any potential candidate will be concerned about being watched and publicly criticised an idea that cannot be pleasing to anyone on the outside," Institutional Investor Advisory Services said.
The proxy advisory firm added that in this backdrop, internal candidates "that remain faithful to the old guard" would be an easy choice "but risks compromising competence for peace".
Infosys' founders -- Murthy being the most vocal critic among them -- have for the past several months raised issues of alleged corporate governance lapses at the company. There have also been whistle-blower allegations of impropriety in Infosys' 2015 acquisition of Israeli automation-tech firm Panaya for USD 200 million.
Having set up the company along with six others three decades ago, Murthy along with some former executives have publicly questioned high pay packages given to Sikka and the severance package offered to ex-CFO Rajiv Bansal and former General Counsel David Kennedy.
There are some who have also questioned Infosys Board's narrative and raised doubts over its staunch refusal to make public the report of the investigation firms on the alleged whistle-blower complaints.
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