Wipro CEO Thierry Delaporte resigns; Srinivas Pallia takes over the position

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Wipro CEO Thierry Delaporte resigns; Srinivas Pallia takes over the position
Wipro CEO Thierry Delaporte resigns; Srinivas Pallia takes over the position

In a BSE filing, Wipro said that its Board had accepted CEO Delaporte’s resignation, effective April 6, 2024, and that he would be left off of the company’s payroll effective May 31, 2024, at the latest.

Wipro, a prominent Indian IT company, said on Saturday that its CEO, Thierry Delaporte, has resigned. Srinivas Pallia took over as CEO with immediate effect.

In a BSE filing, Wipro said that its Board had accepted CEO Delaporte’s resignation, effective April 6, 2024, and that he would be left off of the company’s payroll effective May 31, 2024, at the latest.

“At their meeting held on April 6, 2024…pursuant to the recommendation of the Nomination and Remuneration Committee, the Board of Directors has approved the appointment of Srinivas Pallia as the Chief Executive Officer and Managing Director of the company with effect from April 7, 2024, for a period of five years, subject to approval of shareholders and the Central Government as may be applicable,” Wipro said.

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