Infosys: A Tata-Mistry In Making, But Vishal Sikka Is No Cyrus Mistry

It takes more than just a boardroom coup to oust a company’s chairman or chief executive, though Ratan Tata is different. It took him just one board meeting to remove Cyrus Mistry, then the chairman of Tata Sons, whose family’s firm Shapoorji Palonji holds 18.4% in the Tata Group.

“There will always be differences in how an organisation can be run and this is expected all the more when founders are no more at the helm. Separating ownership from control is one of the long-standing battles for founders and latter raising concerns post stepping down from the helm is both correct and expected,” said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.

[Hindustan Times]

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