The company’s current CEO Abid Neemuchwala announced in January 2020 that he planned to step down due to family commitments and the board commenced a search for his successor. The coronavirus hammered the business this year. Wipro has not always matched its rivals’ vigour in recent years, so Delaporte’s experience leading transformation at Capgemini may also have been attractive. “Though it hasn’t always been the case in the past,” said Delaporte, “we’ll deliver on our forecast.”. Although he decided to depart after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. IT major Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective 6 July, 2020. Save. Whatever they are, The Reg will be watching. HCL Technologies Ltd., which displaced Wipro as the third-largest in the industry two years ago, grew 17%. He says he has signed more deals in the past five months than in the previous five years -- and plans to keep going. Updated: 18 Nov 2020, 10:33 PM IST Ayushman Baruah. The new CEO will be based in Paris, where Wipro has offices in the La Défense business district. As everyone might have heard, Wipro Ltd. received its new chief executive officer five months ago in the form of 53-year-old Thierry Delaporte. Companies are stepping up their spending on technology and the largest outsourcers are reporting a faster-than-expected recovery. “There’s a particular momentum in the industry just now, and I want to drive that urgency to put Wipro back where it belongs,” said Delaporte, speaking from Paris in his first interview since assuming the CEO post. Both of them will transition from Wipro on December 31, 2020. Delaporte is reportedly seeking suggestions from junior employees, who are digital natives to revive Wipro’s growth. While the canned statement announcing Delaporte’s selection is light on detail, the fact that he led Capgemini’s Indian operations can’t have hurt his prospects, nor would his time atop the consultancy’s global service lines. East Brunswick, New Jersey, USA and Bangalore, India – January 31, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to step down due to … But the pandemic has been getting in the way of the guy’s business. “There’s a particular momentum in the industry just now, and I want to drive that urgency to put Wipro back where it belongs,” said Delaporte, speaking from Paris in his first interview since assuming the CEO post. In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. In the fiscal year ended in March, revenues rose 3.9% in constant currency terms, compared with 9.8% at Infosys Ltd. and 7.1% at Tata Consultancy Services Ltd. -- even though both are far larger. Employees. Abidali Neemuchwala was appointed as Wipro's CEO after T. K. Kurien stepped down in early 2016. Wipro has named its new CEO: 25-year Capgemini veteran Thierry Delaporte will take the big chair as of July 6th. (Bloomberg) -- In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. He’s trying to turn around the struggling business without letting the Covid-19 pandemic slow him. recruited its current CEO from the firm in 2017. He was the chief executive officer (CEO) and managing director (MD) of Wipro from February 2016 to June 2020. IBM is well-positioned to help organizations incorporate high-performance solutions for AI into the enterprise landscape. HCL Technologies Ltd, which displaced Wipro as the third-largest in the industry two years ago, grew 17%. Abc Large. Instead, the 53-year-old has been on a virtual tour from his home in Paris, meeting with managers, workers and customers around the globe. Great, now we just need to agree the policy. Delaporte will be replacing Abidali Neemuchwala who earlier this year announced that he will be stepping down citing family commitments. On 6 July 2020, Thierry Delaporte took over from Abidali Neemuchwala as the new CEO of Wipro. ®. IT major Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective 6 July, 2020. (Image source: LinkedIn/Thierry Delaporte) Information technology (IT) major Wipro on Friday named Thierry Delaporte as its new chief executive officer (CEO) and managing director (MD). Rohit Adlakha, who was chief information officer (CIO), and Ramesh Nagarajan, senior vice president of cloud services, have … Wipro's new CEO to draw up to 4.45 million euros annual pay package Wipro's growth is the weakest … Comment. As Wipro CEO steps down, search is on for successor By Thimmaya Poojary | 31st Jan 2020 Wipro CEO Abidali Neemuchwala quits from his position, citing family commitments. Wipro’s Restructuring Under CEO Thierry Delaporte According to the recent restructuring, Wipro’s new construction having four Strategic Market Units and … But, he argues, the business is actually simple: Obsess over helping your clients and the rest will follow. Wipro CEO Delaporte’s new plan could give the Indian IT services giant the edge it needs to catch up to its peers, according to analysts Prabhjote Gill Nov 19, 2020, 13:33 IST The company’s current CEO Abid Neemuchwala announced in January 2020 that he planned to step down due to family commitments and the board commenced a … Thierry Delaporte. Wipro has named former Capgemini executive Thierry Delaporte as its new Chief Executive Officer and Managing Director, effective July 6th 2020. In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. Wipro’s new CEO is not just a changing of the guard; it is a huge opportunity and challenge because it occurs amid a services market inflection point and COVID-19 accelerates the situation. “When I run more and more, I’m clearer in my mind,” he said. Print. Wipro's new CEO Thierry Delaporte has offered some initial insights into his plans for the services giant. He’s trying to turn around […] The firm, majority owned by billionaire Azim Premji, has lagged its peers for years. In the latest earnings call, he spoke about fewer P&Ls, fewer teams and fewer metrics. Delaporte’s predecessor, Abidali Neemuchwala, took over in 2016 with similar ambitions. Azim Premji tops EdelGive Hurun India Philanthropy List 2020; Binny Bansal youngest to feature Thierry, who was previously with Capgemini, was … We have built a plan around the five priorities we have set and are in a phase of … Synopsis. His departure means an even more active role -- at least temporarily -- for Rishad Premji… (Its revenue for the year ended in March was $8.1 billion.). Wipro’s Big Bet With New CEO Thierry Delaporte . The new structure was put in place by Wipro’s CEO Theirry Delaporte. According to the Bloomberg reports, the recently joined Wipro’s CEO Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. HCL Technologies, which leapt ahead of Wipro to take the third spot two years ago, witnessed a rise of 17% in revenues. By Shreya Ambre Last updated Nov 26, 2020 Wipro CEO’s Move To Reduce Strategic Business Units Gets Thumbs Up From Analysts: What’s Changing In Wipro? #JustIn | Wipro appoints Thierry Delaporte as CEO & Managing Director w.e.f July 6. If I go back in 2016, Abid shows us a dream of $15Billion by 2020 which has not comes true in current. Thierry Delaporte has tough task at Wipro, where he takes over as CEO on July 6 06 Jul, 2020, 11.19 AM IST Thierry Delaporte needs to “re-energize” the leadership team, turnaround failing businesses and drive growth. Wipro is likely to get their new CEO by June end, said Saurabh Govil, Chief Human Resources Officer, Wipro. Two years ago, grew 17 % good at one thing - getting done.! 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