Wipro appoints Thierry Delaporte as MD & CEO; shares surge 6% | Editorji
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Wipro appoints Thierry Delaporte as MD & CEO; shares surge 6%

May 29, 2020 16:13 IST

IT services major Wipro on Friday said it has appointed Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective July 6, 2020. It is being seen as a historic move by industry observers, as he perhaps will be the first non-Indian to be at the helm of any large Indian IT services company. In January this year, the company's MD & CEO Abidali Neemuchwala had decided to step down. Analysts believe Delaporte's appointment will help Wipro with new ideas and practices. Wipro's shares surged by 6% on the NSE on news of the appointment.

 

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