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Wipro to offer up to Rs 40 cr in annual salary to its CEO designate

The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry

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Delaporte, who will operate out of Paris, will receive an expatriate allowance in the range of Euro 0.43-0.55 million (Rs 3.65-4.67 crore). He will also have a variable pay in the range of Euro 1.7-2.5 million per annum, which comes to around Rs 21.2 crore.

Debasis Mohapatra Bengaluru

3 min read Last Updated : Jun 20 2020 | 2:51 AM IST

IT services major Wipro’s Chief Executive Officer-designate Thierry Delaporte could potentially earn up to Rs 40 crore per annum, making him one of the highest paid executives at Indian IT firms.

This pay package would be around 34 per cent higher than the total compensation that Wipro CEO Abidali Neemuchwala received in financial year 2019-20 (FY20). It also brings the Wipro CEO’s salary on par with other top IT firms such as Infosys and Cognizant.

According to the company’s annual report, released on Friday, Delaporte will receive a basic pay of Euro 1.07-1.4 million per annum, which translates to around Rs 12

Topics : Wipro CEO pay CEO Salary