iGATE sacks CEO on sexual harassment charge

21st May 2013 | By Mouseworld Now Correspondent |

iGATE-President-CEO-Phaneesh-MurthyNew Delhi, India, May 21, 2013: iGATE Corporation, IT service provider today sacked its President and CEO Phaneesh Murthy over alleged sexual harassment charge.

iGATE said in a statement, said, “The Board’s decision was made as a result of an investigation by outside legal counsel, engaged by the Board, of the facts and circumstances surrounding a relationship Murthy had with a subordinate employee and a claim of sexual harassment. The investigation, which is ongoing, has reached the finding that Murthy’s failure to report this relationship violated iGATE’s policy, as well as Murthy’s employment contract.”

Now board has appointed Gerhard Watzinger as President and CEO on an interim basis. All changes are effective immediately. Watzinger has taken himself out of consideration for the role of permanent President and CEO, but he will serve as Interim President and CEO until the selection process is complete.

Phaneesh Murthy was earlier sacked from Infosys on similar charges in 2002. He faced a sexual harassment charge from his personal secretary which was settled by Infosys in May 2003.

Murthy became the president of iGATE in 2006 and later on re-elected in December 2009-January 2010. His tenure as president was about to end this year.

 

© Mouseworld Now News Service

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