Wipro CEO Thierry Delaporte resigns, Srinivas Pallia to succeed him

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Talking about succession planning during the third quarter earnings, he had said, “It is my responsibility to make sure that we are building proper succession planning.” For the past four to five months, there have been reports that Wipro has been nurturing internal talent for the CEO role.

Pallia has been with Wipro for over three decades and most recently served as the CEO for Americas 1, the company’s biggest and fastest growing strategic market. He is also a member of the Wipro Executive Board.

“Srini is an ideal leader to lead Wipro at this pivotal moment for our company and industry. Over the past four years, Wipro has undergone a major transformation under the most challenging external conditions. Srini has been an integral part of this journey. His client-centric approach, growth mindset, strong execution focus, and his commitment to Wipro’s values, make him the perfect fit as we enter the next chapter of growth and profitability,” said Rishad Premji, Chairman, Wipro Ltd.

The IT company has seen at least 10 top-level exits in 2023 alone. During Q3 earnings, on leadership churn, Delaporte had said that it was a part of the company’s strategy. “If you go back to our strategy that we elaborated in October 2020, this was precisely part of the strategy to acquire, enhance, grow, build and invest in talent, in particular leadership talent. We have a strong leadership team today and a strong pipeline of leadership.”

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