Phaneesh Murthy is an Indian technology businessman. He was made director of Infosys Ltd in 2000, before being fired from the company in 2002. Subsequently, he became the Chief Executive Officer of iGATE Corporation in 2003, after the company acquired his start-up Quintant. Murthy later became President in 2006 and was re-elected in 2010. The board of iGate sacked its President and CEO Murthy in May 2013, following an investigation into a relationship that he had with a subordinate employee and a claim of sexual harassment.
Phaneesh Murthy was born in a middle class Kannada family in Bangalore, Karnataka. He did his MBA from the Indian Institute of Management, Ahmedabad and received his B.Tech Degree in Mechanical Engineering from the Indian Institute of Technology, Madras.
After graduating in 1987, Murthy started working for Sonata Software, where his strategies were responsible for the Company to reach Break even point. After having successfully worked with Sonata for 5 years he moved to Infosys Infosys Ltd. His career progressed within Infosys, and he served as Worldwide Head of Sales and Marketing, Communications, and the Product Solutions Group of Infosys Ltd. from 1995 to 2002. He served as a Director of Infosys (since May 2000) and as a Director of Infosys BPO Ltd. As the Global Sales Head of Infosys, he has been widely credited as the one who was responsible for taking the organization from just $2 million in revenues to $700 million in under 10 years. He was fired from Infosys in 2002 after the company settled a case of sexual harassment, reportedly for $3 million...
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