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

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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Rishad Premji, Wipro's executive chairman, takes pay cut & no variable or commission pay in FY24

India Business News: As the son of Wipro chairman Azim Premji, Rishad Premji is entitled to a commission of 0.35% on the incremental consolidated net profits of Wipro comp ....

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Wipro reappoints Azim Premji as non-executive, non-independent director; Rishad Premji as whole-time director

Wipro s board of directors has reappointed Azim H. Premji as Non-Executive, non-independent director of the company while re-appointing Rishad A. Premji as the whole-time director for a period of five years with effect from July 31, 2024, to July 30, 2029. ....

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