Infosys Senior Vice President Sanjay Rajagopalan has quit the company a month after his former boss Vishal Sikka stepped down as the CEO and MD in protest over the founder’s interference and allegations of corporate misgovernance. Interestingly, Sanjay Rajagopalan, the design head at the company, update his LinkedIn profile to call himself a ‘free man’. Rajagopalan was among Vishal Sikka’s former colleagues at who followed him to Infosys in 2014.
It was being highly speculated that Sanjay Rajagopalan would quit after Vishal Sikka put down his papers last month, PTI reported. Rajagopalan joined Infosys in October 2014 and stayed at the company for a brief duration of three years. In a statement, Infosys said, “The company doesn’t comment on exits or appointments other than those of key management personnel.”
In August, Vishal Sikka resigned from his post as MD and CEO on the account of rising personal disruptions and said that hundreds of hours were spent on tackling drumbeat of distraction and that the attacks undermined the good work done by the company. Soon after Vishal Sikka’s exit, Infosys named former CEO and Aadhaar-architect Nandan Nilekani as its new chairman, replacing R Seshasayee as its Chairman.
A month earlier, Yusuf Bashir, also a former colleague of Vishal Sikka who joined in March 2015, quit as Innovation Fund Managing Director. Bashir had made 12 start-up investments, catering to the aim of Sikka to build tech innovation and get more clients under its fold. Ravi Venkatesan also resigned last month as co-Chairman, but will continue as an independent director.
It was reported that Infosys’ founders N R Narayana Murthy, Kris Gopalakrishnan, Nandan Nilekani, S D Shibulal and K Dinesh were unhappy with the way the management led by the then CEO and MD Vishal Sikka and the board led by Chairman R Seshasayee operated after they exited the company three years ago. The issues raised by the founders were Vishal Sikka’s compensation, former CFO Rajiv Bansal’s severance pay, and appointment of independent directors.