• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, July 14, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Pay Package For Wipro’s CEO- $8.7 Million

by Ayushi Mehta
June 11, 2021
in News
Reading Time: 2 mins read
0
Pay Package For Wipro’s CEO- $8.7 Million
TwitterWhatsappLinkedin

You might also like

India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

ISRO’s Bold Call Saves the Day: Shubhanshu Shukla Becomes First Indian on the ISS

Ola Electric Faces Major Setback in Maharashtra as 90% of Showrooms Shut Down

Thierry Delaporte, who was appointed as the Chief Executive Officer at Wipro, just last year on July 6, 2020, was reported in a regulatory filing to have drawn a pay package of almost $8.7 million in the financial year 2020-2021, which rounds up to about ₹64.3 Crores INR.

The amount was given to Delaporte as a compensation for his period in the company from July 6, 2020, to March 31, 2021. The pay includes Delaporte’s one-time cash award, annual stock grants and his one-time grant of restricted stock units (RSU).

Delaporte had served the company Capgemini on the posts of CFO,COO and CEO for almost 25 whole years, from 1995 to 2020. He later joined the Bengaluru based Indian IT company Wipro in July, 2020 as the Chief Executive Officer and Managing Director, taking over the company after Abidali Neemuchwala.

As per the filing of 20-F by the company, Delaporte was able to draw around $1.31 Million as the salary, another set of $1.54 Million and then the last set of $5.18 million, which included all the other components.

The document which was filed also showed that CEO Delaporte had also received an additional long term compensation amount (deferred benefit) of worth $758,719 for the time period

The previous CEO of the company- Abidali Neemuchwala, was a part of the company for almost 5 years from 2016 to 2020, as he has to step down later as the CEO of the company due to some personal commitments. Abidali received a compensation amount of $305,845 for his three last working months from April 1, 2020, to June 1, 2020.

Today, Thierry Delaporte is one among the many highest paid executives in the Indian IT industry.

The CEO at Infosys- Salil Parekh, witnessed a huge increment in his pay to ₹49.68 in the year 2020-2021. More than fifty per cent of this amount came from the exercise of the stock option. In the previous financial year 2019-2020, his compensation amount was ₹34.27.

Rajesh Gopinathan, who is the Chief Executive Officer and the Managing Director at the largest Indian IT firm- Tata Consultancy Service too, drew a powerful pay package in the financial year 2020-2021 which was worth ₹20.36 Crores.

As per the reports of the document of 20-F filed by Wipro, the chairman of the company Rishad Premji, too, received a total compensation amount of $1.61 Million. On the other hand, Jatin Pravinchandra Dalal drew a pay package of $1.01 million in the fiscal year 2021.

 

Tags: acquisitionBusinesse-commerceecommerceentrepreneursentrepreneurshipfinancefundingIndiaInvestmentinvestmentsleadershipMarketingNews
Tweet54SendShare15
Previous Post

State Banks Can Provide Bitcoin Custody Services, Says Texas

Next Post

Tata Digital Acquires Majority Stakes In 1mg

Ayushi Mehta

Hey! My name is Ayushi Mehta, I'm 19 years old. I am a big time literature and tech enthusiast. A cub Journalist. Thank you for checking out my articles! To connect, email me at- [email protected]

Recommended For You

India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

by Ishaan Negi
July 14, 2025
0
India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

India has launched its first university-led startup platform, Campus Tank, giving young entrepreneurs under 30 a chance to pitch their ideas for a $1 million investment. Launched in...

Read more

ISRO’s Bold Call Saves the Day: Shubhanshu Shukla Becomes First Indian on the ISS

by Ishaan Negi
July 14, 2025
0
Shubhanshu Shukla’s Axiom-4 Space Mission Delayed Again Due to Rocket Leak

As the first Indian to visit the International Space Station (ISS) and only the second Indian in orbit after Rakesh Sharma in 1984, astronaut Shubhanshu Shukla made history...

Read more

Ola Electric Faces Major Setback in Maharashtra as 90% of Showrooms Shut Down

by Ishaan Negi
July 14, 2025
0
Bank of America starts coverage on Ola Electric with ‘buy’ rating, anticipates 35% upside

Ola Electric, once hailed as the undisputed leader in India’s booming electric two-wheeler market, is now under intense regulatory pressure in Maharashtra — the country’s largest EV market....

Read more
Next Post
Tata Digital Acquires Majority Stakes In 1mg

Tata Digital Acquires Majority Stakes In 1mg

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?