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Uber CEO’s iron grip poses challenge in COO search

April 13, 2017 By Heather Somerville SAN FRANCISCO (Reuters) – Help Wanted: A chief operating officer to help change a Silicon Valley giant’s now-notorious “bro” culture, but who can thrive in a power dynamic that hands the boss overwhelming control. At Uber Technologies Inc. [UBER.UL], co-founder and CEO Travis Kalanick commands everything from board decision-making to the exact hour the beer taps will open at the company’s San Francisco headquarters. That management approach is rooted in more than just a cult of personality. Uber’s governance and share structure, and the…

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Infosys founder Murthy criticizes COO pay hike: reports

April 3, 2017 (Reuters) – The dispute between founders and board of India’s second largest software services company Infosys Ltd over governance issues spilled into the public again as founder Narayana Murthy criticized a salary hike given to Chief Operating Officer Pravin Rao. In a letter published in full text by some dailies including Business Standard, Murthy criticized the steep rise in Rao’s salary. (http://bit.ly/2nuNnN9) “Giving nearly 60 percent to 70 percent increase in compensation for a top level person (even including performance-based variable pay) when the compensation for most…

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