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Murty's pep talk to Satyam staff

February 06, 2009 14:14 IST
Last Updated: February 06, 2009 20:26 IST


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Confident, blow; positive, impossible; stability, challenges; critical, beginning anew are some of the words A S Murty uttered in his maiden message as Satyam's [Get Quote] chief executive officer to instill confidence in the employees.

Murty, who has been associated with Satyam for 15 years and was heading Satyam's Leadership Development Group before being named CEO, said that he would work with the board and special advisers to design a plan that will address stakeholders interests within 30, 60 or 90 days.

"I have no misgivings about the enormity of the task in front of us, but together with my colleagues, I am confident that we can accomplish the impossible," he said in a webcast to the employees of the IT company that was last month swept by a massive accounting fraud.

Satyam founder Ramalinga Raju, who is now in jail pending trial, on January 7 disclosed that he had falsified profits for years and cooked up assets.

"We will chart a precise and practical 30-60-90 day plan that will encompass and address the interests of all stakeholders. We will work together with our board, our special advisers, and the Boston Consulting Group to achieve this by next week," Murty said.

Salary to the staff is among the top priorities, he added.



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