Wipro Chief Executive Officer (CEO) and Managing Director (MD), Thierry Delaporte to resign from his position as CEO and MD. Srini Pallia to take over as CEO and MD of Wipro after Thierry Delaporte’s resignation.
The firm informed the same to the Bombay Stock Exchange, National Stock Exchange, and New York Stock Exchange by a filing on the 6th of April. The firm informed that Delaporte, who has led the transformation of the firm will be stepping down to pursue passions outside the workplace.
Wipro’s New CEO and MD
Srini Pallia, the future CEO and MD of Wipro has worked with the company for the last three decades and has also served as the CEO for Americas 1, Wipro’s biggest and fastest-growing strategic market. He is currently also a member of the Wipro Executive Board. He joined Wipro in 1992 and has held many leadership positions like President of Wipro’s Consumer Business Unit and Global head of Business Application Services.
He completed his bachelor’s degree in engineering and master’s in management studies from the Indian Institute of Science, Bangalore. Further graduation was done from Harvard Business School’s Leading Global Businesses executive program and the Advanced Leadership Program at McGill Executive Institute.
Srini Pallai will be based in New Jersey and will regularly report from there to the Chairman of Wipro – Rishad Premji.
“Srini is an ideal leader to lead Wipro at this pivotal moment for our company and industry. Over the past four years, Wipro has undergone a major transformation under the most challenging external conditions. Srini has been an integral part of this journey. His client-centric approach, growth mindset, strong execution focus, and his commitment to Wipro’s values, make him the perfect fit as we enter the next chapter of growth and profitability,” said Rishad Premji, Chairman, Wipro Ltd.
What did Thierry Delaporte say about this?
Thierry Delaporte worked as CEO for four years. He will continue as the CEO and MD till the end of May, working with the incoming CEO and MD, Srini Pallai. He has worked towards the growth of the firm, improved partnerships and better efficiency.
“I’d like to express my gratitude to Thierry for his leadership at Wipro. The changes he implemented have better positioned us for the future. We have optimized our structure, enhanced our leadership, prioritized partnerships, and improved our overall efficiency. This provides a strong foundation for Srini to effectively build upon.” 
“Thierry will continue until the end of May, working closely with Srini and me to ensure a smooth transition,” added Rishad Premji.
After the appointment of Srini Pallai, he said, “Wipro is one of those rare companies that combines profit with purpose, and I am truly honoured to have been chosen to lead this iconic institution. I am excited to build on the strong foundation established by Thierry and lead Wipro on its next growth trajectory. I have built my entire career at Wipro, and I have a deep appreciation of our 78-year history and our incredible team of more than 240,000 associates.
We have the right strategy, and tremendous people and capabilities throughout the organization, and I am excited about the opportunities for future growth.”
Concerning about the same Thierry Delaporte said, “I’m grateful to Rishad and the Board for the opportunity to lead Wipro through a period of significant transformation. I am proud of the solid foundation we have laid for Wipro’s future success. In the four years we have worked together, Srini has built a successful business in our largest market of Americas 1 and has become an important strategic partner to our clients. As I pass the torch to Srini, I’m confident he’ll continue our journey, steering us to greater heights.”
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