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Wipro’s Thierry Delaporte highest paid CEO, races past TCS and Infosys

Wipro’s Thierry Delaporte drew Rs 64 crore ($8.8 million) for FY21, making him the highest paid CEO in IT compared to his peers in Infosys' Salil Parekh at Rs 49.68 crore and TCS' Rajesh Gopinathan at Rs 20.4 crore.

June 11, 2021 / 12:44 PM IST
Thierry Delaporte, CEO and Managing Director of Wipro Ltd

Thierry Delaporte, CEO and Managing Director of Wipro Ltd

 
 
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Wipro’s Thierry Delaporte drew Rs 64 crore ($8.8 million) for FY21, making him the highest paid CEO in IT compared to his peers in Infosys and TCS.

To be sure, compensation for Delaporte, who took charge as the CEO in July 2020, included salary of Rs 9.6 crore, commission of Rs 11.2 crore, Rs 5.5 crore as long-term compensation and Rs 37.81 crore as other income, according to a regulatory filing.

When Delaporte was announced as CEO, he was offered an annual package of Rs 37.9 crore (4.45 million euros) and also stock compensation and other benefits.

“The compensation disclosed for Mr. Thierry Delaporte is for the period from July 6, 2020 to March 31, 2021. It includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs, among other things, as per the terms approved by the shareholders at the Annual General Meeting of the Shareholders in July 2020,” the regulatory filing said.