Join Hands to Build a Smarter India: Sign in | Join now
News

5 CEOs Who Came Back To Rescue Their Dying Companies

By SiliconIndia  |   Tuesday, 02 July 2013, 06:11 Hrs   |    1 Comments
34
37
47
8
Print Email


Bangalore: The tech industry has several instances on CEOs being relieved from their positions following the company’s downfall and later after many years, they gets reinstated into top positions again. The biggest ever question that can pop up in your head could be, “does the CEOs comeback is for better of worse?" Here is the take down on 5 such instances as compiled by ComputerWorld.



#5 Narayan Murthy’s Comeback 



Infosys has recalled its iconic leader N.R. Narayana Murthy for the rescue mission following the Indian software giant’s underperformance in the last quarters. He headed Infosys for 11 years as a CEO. Murthy made his comeback as Executive Chairman while son Rohan will assist him in this regard. The market responded with 15 percent slump in shares, following the news. But Murthy in a candid talk to shareholders at the 32nd Annual General Meeting said that the task of rebuilding a "desirable" Infosys would take at least 3 years even with high quality team and full dedication of every Infoscions. Know for his strong will, Murthy may eventual achieve the purpose of his comeback.



Read Also: Google To Launch 'Flight Search' In India, Jitters Local Travel Sites and U.S. Whistleblower Snowden Seeks Asylum In India: WikiLeaks



Experts on SiliconIndia
Zafar  Ahmad
IT Project Manager
Infogain
Prakash  Kumar
Director IT
Delta Electronics In
Aakash  Mulchandani
Sr. Engg
Qualcomm
Siddharth  Sharma
Assistant Manager
Manipal
Guruprasad  Hegde
Founder and CEO
RealGuruu
Suresh  Avantsa
Founder
hubVirt Software
Chayan  Bhattacharjee
HR-Manager
TBG
Manoj Chandraprakash Powar
Managing Partner
Fountainhead
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(1)
1: which is most important in your campus
Posted by:hasee - 06 Jul, 2013
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved