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- Infosys’ R Seshasayee, Vishal Sikka say ‘no battle between board and promoters’. Here are 10 highlights from their speech
Infosys’ R Seshasayee, Vishal Sikka say ‘no battle between board and promoters’. Here are 10 highlights from their speech
1.
![Infosys’ R Seshasayee, Vishal Sikka say ‘no battle between board and promoters’. Here are 10 highlights from their speech](/_next/image?url=https%3A%2F%2Fstaticbiassets.in%2Fthumb%2Fmsid-57130029%2Cwidth-700%2Cheight-525%2Cimgsize-33441%2F1-.jpg&w=3840&q=75)
2.
![2.](https://staticbiassets.in/thumb/msid-57130080,width-700,height-525,imgsize-33210/2-.jpg)
Have made enough disclosures on severance pay for David Kennedy & Rajiv Bansal. We have already settled issues related to Bansal's severance pay.
3.
![3.](https://staticbiassets.in/thumb/msid-57130045,width-700,height-525,imgsize-41084/3-.jpg)
Received a whistle-blower complaint over Rajiv Bansal's severance package. Conducted a detailed investigation into whistle-blower complaint. No intention to silence whistle-blower over Bansal's severance package. Suspicion that Bansal's severance pay was 'hush' money deeply disturbing.
4.
![4.](https://staticbiassets.in/thumb/msid-57130044,width-700,height-525,imgsize-676240/4-.jpg)
'Business judgement could be wrong, perceptions could be different'. ‘Subjectivity element' should be taken away in severance packages.
5.
![5.](https://staticbiassets.in/thumb/msid-57130043,width-700,height-525,imgsize-445330/5-.jpg)
'Judgement' on Bansal's severance pay could have been different. Validity in issues raised over Rajiv Bansal's severance pay. Postal ballot on Vishal Sikka's compensation in line with accepted corporate practices.
6.
![6.](https://staticbiassets.in/thumb/msid-57130042,width-700,height-525,imgsize-859026/6-.jpg)
Vishal Sikka's compensation package came with 'very ambitious' business targets. Sikka's compensation was finalised in line with best global standards. Fixed component of Sikka's package was trimmed to $4 mn from $5.8 mn. Sikka's compensation has been explained
7.
![7.](https://staticbiassets.in/thumb/msid-57130004,width-700,height-525,imgsize-67339/7-.jpg)
Don't see Punita Sinha's appointment as a corporate governance issue. Proud to have Punita Sinha on the board of Infosys. Three women directors bring diversity on Infosys board.
8.
![8.](https://staticbiassets.in/thumb/msid-57130001,width-700,height-525,imgsize-81004/8-.jpg)
Will look at issues raised by all stakeholders dispassionately. It's our obligation to listen to all the voices and calibrate our action.
9.
![9.](https://staticbiassets.in/thumb/msid-57130000,width-700,height-525,imgsize-43865/9-.jpg)
Founders have nothing but best interests in mind. It's natural to have a great deal of passion while dealing with Infosys. Don't think that there is a battle between the board and promoters.
10.
![10.](https://staticbiassets.in/thumb/msid-57130148,width-700,height-525,imgsize-67339/10-.jpg)
DN Prahlad was taken on board after a lot of deliberations at highest level.
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