Wipro MD & CEO Thierry Delaporte Resigns; Srinivas Pallia Named As Successor

Wipro Ltd. said its Managing Director and Chief Executive Officer Thierry Delaporte resigned and the company appointed Srinivas Pallia as his successor, effective 7 April.

Delaporte resigned to pursue passions outside the organization after spearheading a significant transformation at Wipro for the last four years, the Indian technology services and consulting company said in a stock exchange announcement.

The company said Delaporte, whose resignation is effective from 6 April, will be relieved from the employment with effect from the close of business hours on 31 May. He will work closely with Pallia and Wipro Chairman Rishad Premji to ensure a smooth transition, it added.

The appointment of Pallia, a member of the Wipro Executive Board, is for five years, subject to necessary approvals. He will be based in New Jersey and report to Premji.

ABOUT SRINIVAS PALLIA

Wipro said Pallia has been with the company for over three decades and most recently served as the CEO for Americas 1, Wipro's biggest and fastest growing strategic market.

In this role, he oversaw diverse industry sectors, established their vision, and implemented growth strategies, resulting in increased market shares within these sectors, it added.

Pallia joined the company in 1992 and has held many leadership positions, including president of Wipro’s Consumer Business Unit and global head of Business Application Services.

Pallia holds a Bachelor’s Degree in Engineering, and a Master’s in Management Studies from Indian Institute of Science, Bangalore, according to the statement. He graduated from Harvard Business School’s Leading Global Businesses Executive Program, and the Advanced Leadership Program at McGill Executive Institute, it said.

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