In an emotional letter, replete with analogies and anecdotes, N.R. Narayana Murthy, the co-founder and “Number One actor" at India’s Infosys Technologies Ltd. bid his last farewell to shareholders.
- Dibyangshu Sarkar/Agence France-Presse/Getty Images
- N.R. Narayana Murthy’s exit comes at a time when Infosys is at the cusp of a change.
The iconic businessman of India’s outsourcing industry, retires from the board of Infosys Technologies as non-executive chairman and chief mentor on Aug. 20. He will stay on as chairman emeritus, offering consultative support to the company and to the board.
In his letter—which was released Tuesday as part of the company’s annual report on the financial year that ended March 31—Mr. Murthy remembered the highs and lows of his 30 years at Infosys, during which time he helped build the company into India’s second-largest software exporter by sales.
At one point, Mr. Murthy compared the pain of parting with Infosys to that of a daughter leaving her parents' home to get married. “The parents will be there when she needs them and they will be happy that she is starting a new life in an exciting new environment,” wrote Mr. Murthy.
Moving away from his extended metaphor he then mentioned his real family. He explained how difficult it was to convince his two children that he truly cared about his family after spending 16 hours a day in the office and being away from home for as many as 330 days in a year. [...]
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