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Wipro Leadership Shift: Market Reactions Mixed on Pallia

8 Apr 2024 , 12:59 PM

A day after it was announced that MD and CEO Thierry Delaporte had resigned, nearly a year before his term was set to expire, and that Srinivas Pallia had taken up the position effective April 7 for the following five years, Wipro shares would be the subject of attention at the open on April 8.

Former CEO of Wipro’s largest and fastest-growing strategic market, Americas 1, Pallia is a Wipro veteran. In a press release, Delaporte stated, “During my tenure as CEO and MD, we have witnessed significant transformation within the company that has not only driven financial growth but has also positively impacted our associates, clients, and shareholders.”

On April 19, Wipro is scheduled to release its Q4FY24 and full year results.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • CEO
  • Srinivas Pallia
  • wipro
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