Wipro discloses pay package of CEO Thierry Delaporte

IT services major Wipro’s Chief Executive Officer (CEO) Thierry Delaporte drew a pay package of $8.7 million (around ₹64.3 crore) in the financial year 2020-21, according to Wipro’s 20-F filing. The former Capgemini executive had joined the Bengaluru-headquartered Wipro as its chief executive officer and managing director on July 6, succeeding Abidali Neemuchwala.

Delaporte’s compensation is for the period from July 6, 2020, to March 31, 2021, and includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs (restricted stock units).

Delaporte received about $1.31 million in salary and allowances (about ₹9.6 crore), $1.54 million in commission and variable pay, and $5.18 million in other components. He received $758,719 in long-term compensation (deferred benefit) during the period, as per the filing.