Wipro CEO Thierry Delaporte resigns, Srinivas Pallia appointed as new CEO

Wipro CEO Thierry Delaporte has resigned, with Srinivas Pallia appointed as the new CEO and managing director. Delaporte, who was the highest paid CEO in the Indian IT sector, had a background in economy and finance from SciencesPo Paris and the Sorbonne University. Wipro has also seen several high-profile exits, but has promoted fewer senior employees in the current fiscal, reflecting its lacklustre performance.