Wipro CEO Thierry Delaporte steps down, Srini Pallia takes charge

In a sudden move, Thierry Delaporte has stepped down as the Chief Executive Officer and Managing Director of Wipro, and Srini Pallia has been appointed in his place, effective immediately. Delaporte said he is stepping down from Wipro after four years to “pursue passions outside the workplace”.

Delaporte will continue in his role until the end of May, working closely with incoming CEO Pallia and Wipro Chairman Rishad Premji. Srini will be based in New Jersey and report to Premji.