Wipro Appoints New CEO: Srinivas Pallia

Wipro, the IT giant, has announced the resignation of its CEO, Thierry Delaporte. In his place, the company’s Board of Directors has appointed Srinivas Pallia as the new Chief Executive Officer and Managing Director, effective April 7, 2024.

Thierry Delaporte’s Tenure and Achievements

Delaporte, a French national with over three decades of experience in the global IT industry, previously served as the Chief Operating Officer at Capgemini. He was appointed as Wipro’s CEO in July 2020 and has since steered the company with his extensive expertise. Delaporte was known as the highest-paid CEO in the Indian IT sector, earning an annual salary of over Rs 82 crore.

Srinivas Pallia’s Background and Qualifications

Srinivas Pallia, the new CEO, has had an illustrious career spanning over three decades at Wipro. He has a comprehensive understanding of the company’s diverse geographies, functions, service lines, and business units, which will enhance his leadership role. Pallia has held various leadership positions, including serving as the President of Wipro’s Consumer Business Unit and the Global Head of Business Application Services. Most recently, he excelled as the CEO for Americas 1, Wipro’s largest and fastest-growing market.

Pallia’s academic credentials include a bachelor’s degree in engineering and a master’s in management studies from the Indian Institute of Science, Bangalore. He has further enriched his expertise through executive programs at renowned institutions such as Harvard Business School and McGill Executive Institute.

Important takeaways for all competitive exams

• Wipro Founder: M.H. Hasham Premji;
• Wipro Owner: Azim Premji;
• Wipro Headquarters: Bengaluru;
• Wipro Founded: 29 December 1945, India.