Integrity Score 530
No Records Found
No Records Found
No Records Found
Thierry Delaporte's departure as CEO of Wipro marks the end of a challenging era for India's fourth-largest IT services company. Srinivas Pallia, a seasoned professional within the organization, steps in as CEO and managing director, effective April 7. Delaporte's tenure, marred by operational shifts, executive turnover, and costly acquisitions yielding minimal growth, has left industry observers questioning his leadership effectiveness.
While Delaporte cites personal pursuits as his reason for leaving, critics point to his alleged lack of engagement with Wipro's global teams, resulting in low morale. Pallia, a Wipro veteran since 1992, receives praise as the logical successor, tasked with rejuvenating the company's workforce and pursuing substantial business opportunities.
Taking charge amidst economic uncertainty and subdued client spending, Pallia faces the challenge of revitalizing Wipro's competitive edge, particularly in securing major contracts. With competitors also witnessing leadership changes, Wipro's future success hinges on Pallia's ability to navigate these tumultuous waters, retain talent, and steer the company towards growth and stability.