Big news in the tech world! Wipro's CEO Thierry Delaporte resigns, making way for Srinivas Pallia to lead the charge at the Azim Premji promoted firm.
In a surprise move that sent shockwaves through the tech industry, Wipro CEO Thierry Delaporte has announced his resignation. After leading the company for a significant period, Delaporte is stepping down, paving the way for Srinivas Pallia to take over the reins. Pallia, a seasoned veteran with over three decades of experience at Wipro, is set to assume the role of CEO and Managing Director from April 7. The transition is expected to be smooth, with Delaporte continuing in his position until the end of May.
Delaporte's departure marks the end of an era at Wipro, known for its innovative solutions and technology services. Under his leadership, the company made significant strides in the global tech landscape, positioning itself as a frontrunner in the industry. Pallia's appointment as the new CEO signifies a new chapter for Wipro, with high expectations for continued growth and success under his leadership.
As Wipro prepares for this leadership transition, industry analysts are closely watching how Pallia will steer the company towards future endeavors. With his proven track record and deep understanding of the tech sector, Pallia is poised to guide Wipro through the ever-evolving digital landscape. The tech giant's strategic moves in the coming months will undoubtedly shape the industry's trajectory and influence competitors.
In the fast-paced world of technology, leadership changes like this at top-tier companies often create ripples across the market. As Wipro gears up for a new era under Pallia's guidance, stakeholders, investors, and employees alike are eagerly anticipating the company's next moves. The impact of this transition on Wipro's market position and global operations will be closely monitored, showcasing the critical role of strong leadership in today's dynamic business environment.
Srinivas Pallia is a Wipro veteran and has spent over three decades at the Azim Premji promoted firm.
Wipro's Thierry Delaporte has stepped down from his position of MD and CEO of the tech major. Srinivas Pallia will be Wipro's new CEO, according to the tech ...
Srinivas Pallia, who was previously the CEO of the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7.
Srinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7, the company added.
Delaporte will continue in his role until the end of May, working closely with incoming CEO Pallia and Wipro Chairman Rishad Premji.
Wipro CEO Thierry Delaporte resigns, replaced by Srini Pallia, with a smooth transition planned for the future.
Following Delaporte's resignation, the Wipro board approved the appointment of Srinivas Pallia as the new Chief Executive Officer and Managing Director, ...
Wipro CEO: In a BSE filing on Saturday, Wipro said its Board noted the resignation of Delaporte with effect from April 6, 2024, and went on to add that he ...
Market analysts believe that the market is likely to react positively to the news of appointment of Srinivas Pallia as the new CEO and MD.
Thierry Delaporte resigned as CEO of Wipro on Saturday following a fraught few years for India's No. 4 IT services company, to be succeeded by the head of ...
Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, ...
Wipro target price: Nirmal Bang maintained a 'SELL' on Wipro with target price of Rs 441, which is based on target PE multiple of 16.6 times (30 per cent ...
Pallia, has been with Wipro for over three decades, most recently served as the CEO for Americas 1.
India Business News: Wipro stock price experienced a 1% drop on Monday, hitting a low of Rs 479 on the Bombay Stock Exchange. The sudden departure of CEO ...
Investors will await clarity on any strategic or organisational changes and capital allocation from new CEO and MD Srini Pallia.
Wipro's outgoing CEO Thierry Delaporte also called incoming CEO Srini Pallia as the most natural choice to take the company forward.