THIERRY DELAPORTE SALARY

Wipro CEO banks on internal talent, promotes veterans

Focusing on inside talent comes at a time when it has been dealing with exodus of senior leaders. This also comes after a period when Delaporte hired a lot of foreign citizens and expats at high salaries.

Wipro’s new CEO Srinivas Pallia to get max pay of $7 million

Wipro's new CEO, Srinivas Pallia, to receive $7 million annual compensation for two years. Thierry Delaporte to be paid $4.33 million in cash. Pallia's contract for five years starting from 2024.

With $11 million exit pay, Delaporte joins other CEOs in costly exits

An analysis of employment contracts of top IT leaders shows that in recent years, payments to exiting CEOs at companies such as Tata Consultancy Services (TCS), Cognizant and Wipro have ranged from Rs 48 crore to Rs 92 crore.

Lenskart's $200-million secondary; Wipro’s Delaporte’s golden handshake

Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart along with Fidelity.

IT companies take pole position on CEO pay front in India

C Vijayakumar, managing director and CEO of HCL Technologies, India’s third-largest IT services company by market cap, was the eleventh-highest paid, taking home $3.46 million, or about Rs 28 crore, (he is based out of the US) in FY23.

IT Pay Hikes: Here is a list of companies who gave increments, and who delayed

These divergent strategies adopted by major Indian IT companies underscore the complex and ever-changing dynamics of the service industry, as they navigate through the challenges posed by the current business environment across the world. Here is a list of tech companies who have given salary increments this year and who have delayed.

Indian techies may be in for a long wait as IT firms defer hikes

Infosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has granted increments to junior and mid-level employees but deferred them for senior roles. TCS, on the other hand, has given an average hike of 6% to 8%.

Hefty pay! Top CEOs of IT companies earn up to Rs 82 cr in FY23

Wipro CEO Thierry Delaporte took home a remuneration of $10 million or Rs 82.2 crore during FY23. Delaporte is also the highest-paid CEO among his IT peers in FY23. During FY23, the shares of Wipro fell nearly 38%, while it saw its PAT dip by 7% during the same period.

How much the top 5 highest-paid IT CEOs in India earn

For financial year 2023, Wipro's French CEO Thierry Delaporte was paid Rs 82.4 crore in annual salary.

HCLTech CEO C Vijayakumar’s salary dips 80% in FY23

The sharp fall in his remuneration was due to the absence of the long-term incentive component, which will be paid next fiscal year, the company said in its annual report.

Fat checks! IT CEOs earn up to 427 times higher than median salary of employees in FY23

​IT companies are facing headwinds in the face of macro uncertainty and a worsening demand outlook in the current financial year. However, the days seem to be sunny for the corner office executives if we go by the trends in FY23. Here is a list of the highest-paid CEOs in the IT industry. Source: Annual reports

I was brought in to transform, take tough decisions: Wipro CEO Thierry Delaporte

In an exclusive interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal, Delaporte said the company is taking bold bets and decisions in order to “transform.”

Wipro chairman Rishad Premji takes 50% pay cut, Delaporte 5%

In FY23, Premji received $951,353 (Rs 7.9 crore) in salary, compared with nearly $1.82 million the year before, the company said in its annual report to the US Securities and Exchange Commission.

Wipro's Rishad Premji takes 50% salary cut in FY23

In FY23, Premji’s salary stood at $951,353, down 47% from $1,819,022 in FY22, the company reported in its annual report to the exchanges as per international financial reporting standards (IFRS) for American depository share holders (ADS).

Million dollar club: India's top paid CEOs and their salaries, ranked

Wipro to offer 100% variable pay to 85% employees this quarter

The Bengaluru headquartered software services firm said it had onboarded 14,000 freshers in the first six months of fiscal 2022, with a net increase in headcount of 600 for the quarter ended September, 2022. The company also rolled out salary increases during the quarter, and promoted 10,000 employees during the quarter.

Wipro, HCL Tech continue to add employees in Q2

Bengaluru-headquartered software services firm Wipro, which also reported its quarterly numbers today, reported a net increase in headcount of 600 for the quarter ended September, 2022

No margin for error for Indian IT firms

Information technology service providers are facing the best demand environment in a decade, soaring revenue and all time high deal wins and yet their margins are playing spoilsport. Disruptors like inflation and massive employee costs upset their operating math.

Wipro CEO Thierry Delaporte draws Rs 79.8 crore as annual pay in FY22

Delaporte’s annual salary was Rs 64.3 crore ($8.7 million) in the financial year 2020-21. The compensation was for nine months as he joined the company only in July 2020.

Omicron surge won’t impact IT budgets: Wipro CEO Thierry Delaporte

Despite the resurgent virus, the coming year will not see the IT budgets going down as the demand for IT services will continue to remain high, Wipro CEO Thierry Delaporte says.

Wipro crosses 200,000 employees mark

Wipro will onboard 6,000 freshers during Q2FY22, the highest ever it has done and will also make offers to 30,000 freshers to join the company next year.

How Wipro CEO's salary compares with that of peers at TCS, Infosys

Wipro CEO Thierry Delaporte received a total compensation of $8.8 million in FY21, regulatory filings show, making him the highest paid chief executive among the country’s three largest software exporters.

Wipro CEO Thierry Delaporte gets $8.7m pay package in FY21

Thierry Delaporte is among the highest paid executives in the Indian IT services space.