Pay hike for a top executive is terrible: ex-Infosys CFO
Backing Co-founder Narayana Murthy’s view on pay hike of COO UB Pravin Rao, former Infosys CFO V Balakrishnan has said a pay hike for a top executive is “terrible for any leadership” when subordinates were being asked to “sacrifice” on wages. He further said the golden standards of governance that Infosys was known for is “being decimated under current leadership”.