Wipro Limited on Friday appointed Thierry Delaporte as its new CEO and MD. The appointment is effective from July 6.
In a regulatory filing, Wipro said: “Until recently, Thierry Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board. During his 25-year career with Capgemini, he held several leadership roles including that of the CEO of the global financial services strategic business unit, and head of all global service lines. He also oversaw Capgemini’s India.”
Mr. Delaporte will be based in Paris and report to chairman Rishad Premji. The company’s current CEO and MD Abidali Neemuchwala will relinquish his position on June 1.
Commenting on Wipro’s new French connection, global analysts who know Mr. Delaporte, say: the new leader comes with a strong finance background and he will be able to bring operational and financial discipline at Wipro. They also said that culture too won’t be a big challenge for Mr. Delaporte as he worked with several companies of diverse cultures, although culture fit’ is a major `concern’ and `criteria’ for CXO selection for many family-driven businesses in India as well as globally.
Thierry is a global leader and has worked with multiple cultures, across different types of companies. He has experience in the international environment and worked in similar types of company cultures,’’ said Ray Wang, principal analyst, founder and chairman of Silicon Valley-based Constellation Research Inc,. Commenting on the appointment, Peter Bendor-Samuel, CEO, Everest Group, said, “[Mr.] Thierry is an interesting choice for Wipro, signalling its move to be a true multinational and global player. [Mr.] Thierry faces many challenges as he assumes Wipro leadership; the biggest amongst them is to get Wipro back to industry-leading growth. To achieve this, he must increase accountability, and streamline decision making.”
Phil Fersht, CEO and chief analyst at London-based HFS Research, said, “He is an ambitious business leader with a strong finance background. He will bring strong operational and fiscal discipline to Wipro and has a lot of energy and leadership capabilities.”
As per analysts, everything has quickly changed, in a post pandemic world, including market realities, business challenges, customer needs and work culture and with these also changed the role, priorities and focus of global tech leaders.
On the priorities in front of Wipro’s new leader, as per analysts, the challenges going forward are to bring the vast elements of Wipro together onto accounts. There are many opportunities for multiple teams to work with clients at the same time and gain synergies.
This requires a relook at how industries are organised as they get collapsed post pandemic. For example, manufacturing, retail, and distribution are very similar today just like telecom, media, entertainment, and technology. Those collapsed value chains will change how companies like Wipro service these industries,’’ added Mr Wang. According to Mr. Fersht, Thierry has an immediate challenge of creating a renewed strategy for Wipro and bringing in some new leadership in various areas. “He will likely look to restructure the firm as it seeks to develop a “digital workplace” delivery model for the post-COVID environment that caters for intense cost pressures, remote staff and rapid transformation that many clients demand.”