New Delhi: Former Wipro Chief Executive Officer (CEO) and Managing Director (MD) Thierry Delaporte has become the highest-paid CEO in the Indian IT industry for FY24 as he earned more than $20 million (or over Rs 165 crore).
This is the second-consecutive year that he has become the highest-paid CEO.
Delaporte resigned from the IT software major in April and has been replaced by Srinivas Pallia.
According to Wipro's 20-F filings with the US Securities and Exchange Commission (SEC), Delaporte earned more than $3.9 million in salary and allowances and more than $5 million in commission/variable income.
He also received $7 million in additional payments and more than $4 million in long-term compensation.
In comparison, Pallia receives an annual salary package of around Rs 50 crore, ranking second among CEOs in the Indian IT industry for FY25.