BENGALURU: Going by major financial metrics, one could say that Thierry Delaporte did not make things worse for Wipro than his predecessors had already done. In one significant respect, the outgoing CEO actually did better – share price. Wipro’s share price since Delaporte took over has risen 116%, compared to 81% for TCS, 94% for…
NEW DELHI: Indian IT major Wipro Saturday announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective immediately.The announcement comes days before the Bengaluru-headquartered company is scheduled to announce its Q4 and full-year earnings for 2023-24 on April 19. Wipro has been trailing…
Wipro has appointed Srini Pallia as its new Chief Executive Officer and Managing Director from immediate effect. In a company statement, IT giant Wipro said the current CEO Thierry Delaporte will be stepping down from the position, but will continue till May-end, working closely with Srini and Rishad Premji to ensure a smooth transition.Commenting on…
Wipro CEO Thierry Delaporte has resigned, with Srinivas Pallia set to take over from April 7, the IT major announced on Saturday. Pallia, previously the CEO for the Americas 1 area, will step into the role of CEO and Managing Director. Wipro announced the appointment of Srini Pallia effective immediately. “He succeeds Thierry Delaporte, who,…
IT sector hiring outlook: In a positive development, the top IT services companies have witnessed a rise in active hiring for the first time in 20 months. According to analysis of data from LinkedIn and other leading job boards, the number of open positions available for applications increased to 82,000 in March from a low…
