Wipro's new CEO Thierry Delaporte to draw up to 4.45 mn euros in annual pay

His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in the range of 1.7-2.5 million euros per annum

Wipro's incoming CEO Thierry Delaporte will receive an annual pay package of up to 4.45 million euros (about Rs 37.9 crore) as well as stock compensation and other benefits, according to regulatory documents.

In a notice for its 74th annual general meeting (AGM), Wipro said it will seek shareholders' nod for appointment of Delaporte as the CEO and managing director. The AGM will be held on July 13 through video-conferencing.

Delaporte, who takes over the role from Abidali Neemuchwala, will hold office for five years with effect from July 6, 2020, to July 5, 2025.

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