The Infosys problem: Sikka's pay, corporate governance and upset founders

Infosys founders have questioned CEO Vishal Sikka's compensation

For the past few days, IT major Infosys has been in the news after the company's founders expressed concerns over transparency and corporate governance. They have questioned the compensation package of Chief Executive Officer (CEO) Vishal Sikka and the severance package to its former chief compliance officer David Kennedy.

Infosys founder N R Narayana Murthy has asked how the company would achieve the $20-billion target by 2020, as set by Sikka, in an uncertain global environment, said sources. Last month, Murthy, Nandan Nilekani and Kris Gopalakrishnan raised their concerns with the board.

Last year, promoters of Infosys had abstained from