Thierry Delaporte resigns as Wipro CEO, succeeded by Srinivas Pallia. Delaporte leaves after nearly four years, citing pursuit of passions outside work. Pallia, based in New Jersey, appointed CEO and MD. Wipro’s profit declines persist under Delaporte, with Q4 net profit dropping 12% YoY to Rs 2,694 crore. Revenues also decline 4.4% YoY to Rs 22,205 crore for the quarter ending December 2023. Pallia, with over three decades at Wipro, previously led Americas 1 market. The transition follows succession planning efforts amid internal talent nurturing.
Wipro CEO Delaporte Resigns, Succeeded by Srinivas Pallia Amid Profit Decline
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