Infosys board admits cultural differences, says founders will be consulted

But maintains it will assert its independence

Infosys Chairman R Seshasayee admitted ‘cultural differences’ with its founders that has led to a public spat and assured that stakeholders would be consulted, even as he maintained that the board would assert its independence.

Seshasayee, who has been called to account for “governance lapses” by founder N R Narayana Murthy, would not quit the company as he was elected by shareholders and the board, while pointing that Infosys would continue with the tradition of maintaining gold standard in corporate governance set by the founders.

“Shareholders and the board have asked me to do a job. As long