ibnlive » Business

iGate ex-CEO Phaneesh Murthy removed from company's board

Reuters
Jun 08, 2013 at 09:40am IST

Mumbai: Majority of shareholders removed former CEO Phaneesh Murthy for 'cause' from the iGATE Corp board by written consent in lieu of a meeting. Murthy's removal will be effective from June 7, 2013.

Murthy was sacked after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate.

Murthy, one of the industry's best-known executives, was forced to quit India's second-biggest software services exporter Infosys Ltd in 2002, following a sexual harassment lawsuit, which was settled out of court.

iGate ex-CEO Phaneesh Murthy removed from company's board

Murthy was sacked after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate.

Previous Comments

Latest

More from this section

PREVIOUS  Vodafone says paid no UK corporation tax in two years

NEXT  New FDI rules a setback for foreign, local retailers