Dr. Patrick J. Ennis. Comment. Font Size. In an internal email to employees, Wipro's CEO Thierry Delaporte announced changes to the company's reporting and organisational structure Rukmini Rao | November 12, 2020 | Updated 20:50 IST Abc Small. Wipro CEO Thierry Delaporte is reaching out to junior employees for suggestions, mainly in the digital area, as the software company steps up focus on digital deals. Getty. (Bloomberg) -- In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. He hopes to get Wipro back on track after years of tumult and stagnating financials. Wipro's new CEO Thierry Delaporte has offered some initial insights into his plans for the services giant. Wipro was founded as "Western India Palm Refined Oil Limited". IT major Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective 6 July, 2020. According to industry analysts, a critical element for secure hybrid multicloud environments is the storage infrastructure. “Though it hasn’t always been the case in the past,” said Delaporte, “we’ll deliver on our forecast.”. Delaporte was the COO of the French technology consulting firm, Capgemini, and a … Delaporte’s predecessor, Abidali Neemuchwala, took over in 2016 with similar ambitions. New Wipro CEO lays out his top 5 priorities. As everyone might have heard, Wipro Ltd. received its new chief executive officer five months ago in the form of 53-year-old Thierry Delaporte. Thierry Delaporte. We have built a plan around the five priorities we have set and are in a phase of execution, says Thierry Delaporte. Delaporte is reportedly seeking suggestions from junior employees, who are digital natives to revive Wipro’s growth. “There’s a particular momentum in the industry just now, and I want to drive that urgency to put Wipro back where it belongs,” said Delaporte, speaking from Paris in his first interview since assuming the CEO post. (Bloomberg) -- In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. Milan Rao and Bill Stith will transition from the organisation on December 31, 2020. Wipro’s new CEO Thierry Delaporte plans to rehaul the company’s entire operating structure to focus on large deal wins and building strategic partnerships. Abidali Neemuchwala (born December 8, 1967) is an Indian-American business executive. Neemuchwala will remain at his post until a new CEO is appointed, the company said in a statement. Agencies. HCL Technologies, which leapt ahead of Wipro to take the third spot two years ago, witnessed a rise of 17% in revenues. ... 2020 01:21 AM Eastern Daylight Time. Wipro's growth is the weakest … (Bloomberg) -- In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. “Thierry seems to have the vision and the commitment, but he has an absolutely daunting task,” said Vasupradha Srinivasan, a senior analyst at Forrester Research Inc. Delaporte, whose hobby is long-distance running, is realistic that any turnaround will take time. The coronavirus hammered the business this year. The company’s current CEO Abid Neemuchwala announced in January 2020 that he planned to step down due to family commitments and the board commenced a … “We know what we need to do to make it work,” he said, from an office whose walls are adorned with paintings. Although he decided to depart after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. Reportedly, Wipro's revenue for the year ended March 2020 was USD 8.1 billion. "I will drive an obsession for growth in the organization, obsession for growth, for growing our topline everywhere," Delaporte said on the company's Q1 20/21 earnings call for … Missing BloombergQuint's WhatsApp service? Abc Large. Neemuchwala, who had been group president and CEO from April 2015, was appointed CEO with effect from 1 February 2016. Wipro’s Restructuring Under CEO Thierry Delaporte According to the recent restructuring, Wipro’s new construction having four Strategic Market Units and … East Brunswick, New Jersey, USA and Bangalore, India – January 31, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to step down due to … Analysts have given a nod for Wipro… By Shreya Ambre Last updated Nov 26, 2020 Wipro CEO’s Move To Reduce Strategic Business Units Gets Thumbs Up From Analysts: What’s Changing In Wipro? Wipro's revenues rose by 3.9% in the financial year ending in March as compared to 9.8% of Infosys and 7.1% of TCS. Wipro has named former Capgemini executive Thierry Delaporte as its new Chief Executive Officer and Managing Director, effective July 6th 2020. “In my Year One, we’ll accelerate growth; in Year Two, we’ll be at the growth level of our competitors; and in Year Three, we will outdo.”, Billionaire Premji Hires Capgemini’s Delaporte as Wipro CEO. Many employees think that Wipro CEO step down from there position. In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. On November 18, 2020, Wipro's CEO and MD, Thierry Delaporte and members of the Executive Leadership team presented a strategic plan to investors and analysts. Neemuchwala lived in Dallas, Texas. Abc Large. Wipro’s new CEO is not just a changing of the guard; it is a huge opportunity and challenge because it occurs amid a services market inflection point and COVID-19 accelerates the situation. Independent Director. 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