BENGALURU (Reuters) -Wipro Chief Executive Officer Thierry Delaporte resigned on Saturday following a fraught few years for India's No. 4 IT services company, to be succeeded by the head of its biggest market. Srinivas Pallia, a veteran of the company, will take over as CEO and managing director from April 7, Wipro said in a statement, adding Delaporte was leaving to "pursue passions outside the workplace". Delaporte, whose five-year term was originally set to end in July 2025, said that he was "proud of the solid foundation" he had helped to lay for Wipro.
Wipro s swift leadership change contrasts with LTIMindtree s deliberate CEO succession planning. Nachiket Deshpande s US relocation influences his candidacy. Phil Fersht endorses him for the role amidst Chatterjee s $10B growth goal.
Retaining key leaders to firing growth engines, Srinivas Pallia has work cut out as new Wipro CEO devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Wipro has once again chosen to bet on an insider who has grown through the ranks to lead the company.
Srini Pallia has spent over three-decades at Wipro and it s the only company he has ever worked with.
Till now, Pallia was heading the Americas-1 unit.