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Wipro appoints Thierry Delaporte as CEO & Managing Director

Posted On: 2020-05-29 12:13:37


Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the appointment of Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6, 2020.

Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemini Group and a member of its Group Executive Board. During his twenty-five year careerwith Capgemini, he held several leadership roles including that of Chief Executive Officer of the Global Financial Services Strategic Business Unit, and head of all global service lines. He also oversaw Capgemini's lndia operations, and led the group's transformation agenda, conceptualizing and driving several strategic programs across various business units.

"I am delighted to welcome Thierry as CEO and Managing Director of the company. Thierry has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption. We believe that Thierry is the right person to lead Wipro in its next phase of growth," said Rishad Premji, Chairman, Wipro Limited.

"I want to thank Abid for all that he has done for Wipro and for making this transition as smooth and seamless as possible despite his personal commitments."

Abidali Neemuchwala will relinquish his position as CEO and MD on June 1. Rishad Premji will oversee the day to day operations of the company until July 5.

Commenting on his appointment, Thierry Delaporte said, "I am deeply honored to be invited to lead Wipro, an extraordinary company and an exemplary corporate citizen with a deep technology heritage built on a strong foundation of values. I look forward to working closely with Rishad, the Board, senior leadership and the hugely talented employees of Wipro to turn a new chapter of growth and build a better tomorrow for all our stakeholders."

He will be based in Paris and report to Chairman Rishad Premji.

Thierry has a Bachelor's degree in Economy and Finance from Sciences Po Paris and a Masters in Law from Sorbonne University. He is also the co-Founder and President of the not-for-profit organization Life Project 4 Youth.

Shares of WIPRO LTD. was last trading in BSE at Rs.199.05 as compared to the previous close of Rs. 201.75. The total number of shares traded during the day was 271186 in over 4247 trades.

The stock hit an intraday high of Rs. 203.9 and intraday low of 196.1. The net turnover during the day was Rs. 53900240.


Source: Equity Bulls

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