Wipro CEO Thierry Delaporte Is Highest Paid IT Sector Executive
IT major Wipro’s CEO Thierry Delaporte’s total compensation stood at $10.5 million (Rs 79.66 crore) for 2021-22, thus making him the country’s highest paid IT sector executive during the period.
According to a US Securities and Exchange Commission filing on June 9, Wipro disclosed that Mr Delaporte was paid $1.7 million in salary and allowances, $2.5 million in commission, $2 million in benefits and the rest of the amount of over $4 million fell into the ‘others’ bucket.
The Wipro CEO had gone ahead of his contemporaries in 2020-21 after taking over the reins of the company in July 2020.
In the first nine months of his tenure, his salary was ₹ 64 crore or $8.8 million, which included a salary component of Rs 9.6 crore, commission of ₹ 11.2 crore, ₹ 5.5 crore as long-term compensation and ₹ 37.81 crore as other income, according to a regulatory filing.