At Wipro, Srini has a mountain to climb - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The share price record does not explain the firm’s change on top. In a flux-filled field like infotech, business performance counts for more and Wipro’s challenge still seems quite steep.
India-based IT services giant Wipro Ltd. (NYSE: WIT) announced the resignation of CEO and Managing Director Thierry Delaporte on 6 April. The company also reported that its board approved the appointment of Srinivas Pallia as the new CEO and managing director, effective 7 April.
Pallia is one of the rare candidates to rise up the ranks to the top within Wipro, which has seen several CEO changes in the last 15 years. Some quick to-dos as he takes charge, experts said, are to boost the morale of the employees of the country’s fourth largest IT services and consultancy firm and reverse senior level attrition.