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Phaneesh Murthy removed from iGate board

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Majority of shareholders removed former CEO Phaneesh Murthy for 'cause' from the iGATE Corp board by written consent in lieu of a meeting.

Majority of shareholders removed former CEO Phaneesh Murthy for 'cause' from the iGATE Corp board by written consent in lieu of a meeting.

Mr Murthy's removal is effective from June 7, 2013.

The move comes two weeks after Mr Murthy was sacked by the IT outsourcing company over an undisclosed relationship with a subordinate.

Also read:

iGate sacks Phaneesh Murthy over undisclosed relationship

Murthy asked pregnant employee to seek abortion: law firm

Copyright @ Thomson Reuters 2013

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