Srini Pallia, who boasts 32 years of experience in the organisation has been appointed as the new CEO of Wipro. As a new Wipro CEO, Srini Pallia reportedly would receive higher annual compensation. Check more details here. Wipro’s Newly Appointed CEO Srini Pallia Gets Attractive Annual Compensation Package; Know How Much He Would Receive From Tech Company.
Wipro s new CEO Srinivas Pallia will receive an annual remuneration of up to $6 million (about Rs 50 crore), according to a regulatory filing by the Bengaluru-headquartered IT company.
Earlier in April, Wipro announced the appointment of Pallia as its new CEO and MD, following the sudden resignation of Thierry Delaporte.
Delaporte s annual salary of over Rs 80 crore at Wipro had made headlines last year.
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Delaporte had joined Wipro on July 6, 2020, when the market capitalisation was around Rs 117,500 crore. It ended at Rs 2.53 lakh crore at the end of Friday s session. After the rejig at the top management, the stock fell up to 1% at Rs 478.40 on BSE on Monday.