Over the past few months, the Bengaluru-based tech giant has been receiving flak from some of the founders and former employees over alleged governance lapses and high compensation doled out to key executives.
"I believe the relationship between the board and the founders is good and I am confident that it will continue to improve," he said on the sidelines of the 36th AGM of Infosys here.
The founders, including N R Narayana Murthy, have also been vocal about the high compensation paid to CEO Vishal Sikka and COO U B Pravin Rao and have questioned the severance package paid to former CFO Rajiv Bansal and general counsel David Kennedy.
Infosys CEO Vishal Sikka has set up an ambitious target for Infosys reaching USD 20 billion revenue by 2020 with a strong focus on new technologies.
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Venkatesan, however, had said recently that the target does not look like to be achievable by 2020.
"The (numbers) seem achievable. The time-frame to achieve that is a different thing. Realistically, it does not look like they will be achievable by 2020," he had said.
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