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In recent years, severance payments to departing CEOs at companies like Tata Consultancy Services (TCS), Cognizant, and Wipro have varied between Rs 48 crore and Rs 92 crore. ....
Wipro, a prominent IT services company in India, is set to provide its ex CEO, Thierry Delaporte, with a substantial severance package worth approximately Rs 92.1 crore, ....
Severance Package is the compensation and/or benefits employee is entitled to receive after employment is over. It can also include extended benefits, such as health insurance and outplacement assistance. ....
Wipro CEO Thierry Delaporte is set to get a separation payment of Rs 92.1 crore (or about $11 million) after his ahead-of-schedule exit, according to a report in the Economic Times ....