BENGALURU: Former Wipro CEO Thierry Delaporte earned $20 million in FY24, making him the highest-paid CEO in the Indian IT industry.
Delaporte’s compensation doubled compared to the previous year, primarily due to a cash compensation of $4.3 million resulting from the accelerated vesting of 989,130 unvested stock options. As of April 6, Srini Pallia has taken over as Wipro’s new CEO, succeeding Delaporte.
According to the US SEC filing, Delaporte’s $20 million compensation package included $3.9 million paid as salary and allowance, $4.3 million as long-term incentives, $5 million as variable pay and commission and $6.8 million as other benefits.
In contrast, TCS CEO K Krithivasan received a relatively modest compensation of Rs 25.3 crore (about in the same financial year, positioning him as one of the lowest-paid CEOs among his counterparts in the Indian IT sector.
Source Agencies
