Narayana Murthy has returned from retirement to be Executive Chairman of the company and Rohan will be his Executive Assistant.
The son adores his father and on his research info page there are more than three quotes of NRN. One of the quote is "The softest pillow is a clear conscience." It was always believed that the children of Infy founders would not work for the company. Even if they were to join Infy, they would go through the process.
Hence, Narayana Murthy may have taken lot of burden on his conscience by making his son Rohan his Executive Assistant and part of the company. Rohan also had told in 2009 that "I have never thought of it (joining Infosys)."
It is not that Rohan is not suitable for the job. Rohan Murty is a a Junior Fellow in the Society of Fellows at Harvard. He is very passionate about research and his interest lies in networked systems, embedded computing, and distributed computing systems. He is currently focussed on architectures for opportunistic (dynamic) spectrum access in wireless networks.
Studied at Bishop Cottons
As a student of Bishop Cotton Boys' School in Bangalore, he was not academically not that hot. According to his own confession, it was peer pressure that made him what he is today.
But Rohan is independent and always told his parent what he wanted. He spent fourteen years at Cottons and says that "I attended senior school with an auto-driver, a cricketer, a giraffe, a senior mugpot, another mugpot, a pianist, a geek, a brainiac, a Bong, a lawyer and a pilot."
His choice of description clearly means Rohan has a "daring sense of humour." His sense of attachment is such that even today, whenever he is in Bangalore, he visits Cottons and speaks to the children on interesting tech issues.
Rohan had normal childhood and went to school by bus, school van, auto and took the car when people started talking about his wealthy parents.
Wide range of interests
He has been a Computing Innovations Fellow at MIT and has studied at Harvard under Siebel Scholars Fellowship and a Microsoft Research fellowship.
Rohan is not all tech and bytes. His is interested in philosophy, history, and the classics. He is seriously promoting the Murty Classical Library of India.
Rohan is married to Lakshmi, daughter of Venu Srinivasan, chairman of TVS Motor and Mallika Srinivasan, chairman of TAFE.
Narayana Murthy's had once said "In god we trust, everybody else brings data to the table." Rohan brings to table passion, youth and lots of research.
Father is the guru
To succeed at Infosys, Rohan should read what Narayana Murthy said during a lecture at Wharton in 2001: "First, I want to emphasize the importance of being trustworthy with all in your dealings. It is on such foundations that great organizations are created. Second, fear is natural, but do not let your actions totally be governed by it. Just as fear may sometimes be the hidden voice of your intuition alerting you to what your rational mind may not yet have seen, it is also sometimes an invitation to explore a new part of yourself and the world.
"Third, a supportive family is the bedrock upon which satisfying lives and careers are built. Create a support system for yourself with people who will rejoice in your success and be there for you ... Fourth, learn how to manage yourself, especially your feelings in a way that respects the dignity of others and yourself. I have found it helpful to separate the merits and demerits of a decision from the accompanying feelings. We call this ‘being transaction oriented' at Infosys. Finally, live your life and lead your career in a way that makes a difference to your society."
Rohan, who never celebrated his birthday, will be providing a support system to his father at the Chairman's Office, while learning the art of business. Rohan also should put on a cloak of thick skin as he is sensitive to news items of him and links to Infy.
Here is the statement of the Infosys:
Bangalore, India - June 1, 2013: Infosys Limited announced today that the Company's Board has appointed Mr. N R Narayana Murthy into the Board and executive leadership of the Company. In a meeting held earlier today, the Board approved appointing Mr. N R Narayana Murthy as Executive Chairman of the Board and Additional Director with effect from June 1, 2013.
Mr. Murthy's election as a Director would be placed for the consideration of the Company's shareholders in the Annual General Meeting (AGM) on June 15, 2013. Subject to his election as a director at the AGM, the Board will take up in its meeting on June 15, 2013, the resolutions for convening an extraordinary general meeting within the requisite period, in order to seek approval from the shareholders for appointing him as the Executive Chairman and Whole-time Director for a period of five years commencing on June 1, 2013.
Mr. K V Kamath would step down from his position as Chairman of the Board and take up the position of Lead Independent Director effective June 1, 2013.
Mr. K V Kamath said, "The Board has taken this step keeping in mind the challenges that the technology industry and the Company faces and in the interest of all stakeholders, particularly shareholders large and small, who have asked for strengthening of the executive leadership during this challenging time. Murthy's entrepreneurial and leadership record and the long experience he has had as a technology pioneer makes him eminently qualified to lead the company and provide strategic direction at this point in time."
Mr. N R Narayana Murthy said, "This calling was sudden, unexpected, and most unusual. But, then, Infosys is my middle child. Therefore, I have put aside my plans-in-progress and accepted this responsibility. I am grateful to Mr. K V Kamath - the Chairman, the Board, and every Infoscion for giving me this opportunity. I intend to do my best to add value to the Company in this challenging situation."
During his five year term, Mr. Murthy would draw a token compensation of Rupee One per year.
Mr S Gopalakrishnan would be re-designated Executive Vice Chairman effective June 1, 2013 and would primarily focus on key client relationships and broader industry issues. Mr. S D Shibulal would continue to be the Managing Director and CEO.
Mr S Gopalakrishnan and Mr. S D Shibulal have requested that they draw a compensation of Rupee One per year. The Board has accepted their requests, subject to necessary shareholder and government approvals.
In order to function more effectively Mr Narayana Murthy intends to create the Chairman's office to assist him during his tenure and has requested the Board to permit him to put together a team for this function. The team will include his son, Dr Rohan Murty, as Mr Narayana Murthy's executive assistant.
Mr Rohan Murty is a Junior Fellow in the Society of Fellows at Harvard University. He has a Ph.D. in Computer Science from Harvard University and a Bachelor's degree in Computer Science from Cornell University and has held fellowships at MIT, Caltech, and Microsoft Research. He has authored several papers and patents as part of his research on wireless and mobile computing. If appointed, Mr Rohan Murty's term as Executive Assistant to the Chairman would be co-terminus with that of Mr Narayana Murthy. Mr. Rohan Murty has requested that he should also be paid only a token compensation of Rupee One per year.
The Board has agreed to Mr Narayana Murthy's requests, subject to necessary approvals.