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 will continue in his role until the end of May.

According to media reports, Delaporte said he is stepping down from Wipro to “pursue passions outside the workplace”. He was with the company for four years

Pallia will be based in New Jersey and report to Wipro Chairman Rishad Premji. He has been with Wipro for over three decades and most recently served as the CEO for Americas 1.

Media reports quoted Premji as saying, “Srini is an ideal leader to lead Wipro at this pivotal moment for our company and industry. Over the past four years, Wipro has undergone a major transformation under the most challenging external conditions. Srini has been an integral part of this journey. His client-centric approach, growth mindset, strong execution focus, and his commitment to Wipro's values, make him the perfect fit as we enter the next chapter of growth and profitability.”

Talking about Delaporte’s, Premji said, “The changes he implemented have better positioned us for the future. We have optimized our structure, enhanced our leadership, prioritized partnerships, and improved our overall efficiency. This provides a strong foundation for Srini to effectively build upon.”

Commenting on his appointment, Pallia reportedly said, “Wipro is one of those rare companies that combine profit with purpose, and I am truly honoured to have been chosen to lead this iconic institution. I am excited to build on the strong foundation established by Thierry and lead Wipro on its next growth trajectory. I have built my entire career at Wipro, and I have a deep appreciation of our 78-year history and our incredible team of more than 240,000 associates. We have the right strategy, and tremendous people and capabilities throughout the organisation, and I am excited about the opportunities for future growth.”