HomeInformation Tech (IT)Wipro’s Rishad Premji takes pay cut, ex CEO Delaporte takes home $20...

Wipro’s Rishad Premji takes pay cut, ex CEO Delaporte takes home $20 mn

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Wipro executive chairman Rishad Premji declined variable pay for the second consecutive year due to negative profit growth. He took a 20% pay cut, earning $769,456 in FY24. Former CEO Thierry Delaporte became the highest-paid IT sector CEO with $20.11 million in compensation for FY24, including a $11 million separation payment upon resignation.

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