18 May 2011

Narayana Murthy Leaving the Infosys

Leaving Infosys to N R Narayana Murthy was like parents sending away their daughter after her marriage, the founder and outgoing chairman has said in his last letter to the company's shareholders.

"The best analogy that I can think of for this separation between Infosys and me is that of one's daughter getting married and leaving her parents' home," Murthy said in an emotional letter to Infosys' shareholders.

Having nurtured the country's leading IT firm for the last 30 years, Murthy would be succeeded by eminent banker K V Kamath as Infosys' Chairman with effect from August 21 and would thereafter become 'Chairman Emeritus'.

Murthy, in his letter published in the company's annual report for 2010-11, went on to say that he had to go through tough times explaining to his son and daughter about whom he loved more -- Infosys or the family.

Murthy said that his children do not believe him, even today, that he loved them more than anything else.
"When I was spending 16-hour days in the office and was away from home for as many as 330 days in a year, it was hard for my children to believe in my commitment to the family," he said.

He went on to explain in his letter the entire journey of the company to become one of the leading technology majors of the country. Wishing the current management of the company luck for the future, Murthy said that he would be always there, whenever needed by Infosys.

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