Wipro’s former CEO, Thierry Delaporte, resigned on April 6. Days after the IT firm announced Thierry Delaporte’s resignation, the outgoing CEO sent a four-page ‘farewell’ email to workers. Delaporte said in the email that he is passing the torch to Srini Pallia after his tenure at the fourth-largest IT company came to an end. He also stated that Wipro is poised for future expansion and that its clients view it as a “transformation partner.”
According to Delaporte’s email, the IT company has seen a rise in revenue of 35 per cent and profits of 25 per cent over the past four years, in addition to making 12 acquisitions. Additionally, during the last four years, there has been an enrichment in diversity and inclusion; the percentage of women who directly report to him has increased from 5 per cent to 35 per cent.
“I’m handing this over to my successor, who will drive excellence on the back of this transformation, and move towards executing all the investments we’ve made,” he continued by saying that Pallia was a “natural choice” for the top position because she was one of his “strongest leaders in the executive team”. As we previously noted, Srinivas Pallia faces a difficult assignment in trying to turn around the company’s fortunes, Delaporte elaborated in the mail.
Speaking about the 12 acquisitions, he stated that “two happen to be among the largest ones in Wipro’s history – Capco and Rizing.” He further emphasised that these acquisitions were no small effort.
Wipro is in a strong, respected, and confident position today thanks to a variety of initiatives, including the development of a new market strategy, the reset of the operational model for client centricity and agility, the simplification of procedures for quicker decision-making, and the double down on account excellence and delivery, the email also mentions.
Furthermore, according to Delaporte, Wipro is now unquestionably seen as the clients’ transformation partner. He went on to say that the most important investments Wipro has made are in its staff, in addition to huge expenditures in new technology solutions and capabilities like Al, cloud, cyber security, data, and engineering. Wipro has also invested in first-of-a-kind implementations of contemporary IT technologies.
In his parting speech, Delaporte added, “Have faith in your business and confidence in yourself. Protect your big dreams and ambitious goals. Feed them with discipline and attention to excellence. Wipro is for you, by you, and with you in mind. Continue raising the bar for your business!”
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