While the 300,000 units will vest in three instalments over 3 years, the PSUs will vest in full on July 1, 2022, subject to performance. He will take charge on July 6. He will also have a variable pay in the range of Euro 1.7-2.5 million per annum, which comes around Rs 21.2 crore.He will also get a cash award of $ 3 million (Rs 22.5 crore), payable in two tranches. The former CEO's remuneration for the year, including stock options, stood at Rs 32.28 crore for 2020, an 18.15 per cent the increase compared to the previous year.Wipro's new Chief Executive Officer Thierry Delaporte He will be … Thierry Delaporte, the former Chief Operating Officer (CCOO) for the Capgemini Group, is the new CEO of Wipro - India's fourth-largest IT major. BENGALURU: Wipro CEO designate Thierry Delaporte could be the costliest executive ever to be hired by an Indian IT services provider. Being the first non-Indian CEO, Thierry's basic pay would be in the range of Rs 9.12-11.9 crore (1.07mn-1.4mn Euros per annum), with a target variable pay of Rs 14.4-21.3 crore (1.7-2.5 Euros per annum). This will bring the Wipro CEO's salary at par with that of other IT giants in the country such as Infosys and Cognizant, according to a Delaporte, who takes over the role from Abidali Neemuchwala, will hold office for five years with effect from July 6, 2020, to July 5, 2025.Thierry, who will be based in Paris, will receive an expatriate allowance in the range of Euro 0.43-0.55 million (Rs 3.65-4.67 crore). Whereas, top IT company TCS's CEO Rajesh Gopinathan's compensation in the financial year 2020 stood at Rs 13.3 crore. Wipro’s Big Bet With New CEO Thierry Delaporte . … However, it's not an apple-to-apple the comparison given Abid's earlier roles in TCS is not comparable to Thierry's vast experience in various roles at Capgemini across different geographies and handling scale and experience. IT services major Wipro’s Chief Executive Officer-designate Thierry Delaporte could potentially earn up to Rs 40 crore per annum, making him one of the highest paid executives at Indian IT firms. Chris Wood- Greed And Fear | RBI not extending loan moratoriums is a positiveSushant Singh Rajput's sister Shweta urges people to join a global 24 hour prayer for himTata Steel believes the worst is behind, Hindalco Industries, Berger Paints to announce Q1 resultsPFI mob completely unmasked, EXPLOSIVE videos & chats show plot to burn city | The Newshour AgendaUS next round of stimulus delayed, Precious metals recover overnight as equities and dollar dipJ&K: Mata Vaishno Devi Yatra to resume from August 16Sushant Singh Rajput's sister calls for 'global prayer'Man smashes car window to save dog left inside vehicleIncome tax deduction on FD interest for senior citizensGold falls sharply for 2nd day, silver cracks by Rs 5k/kgTikTok in early talks with RIL to sell its India businessWill the rise of Kamala Harris matter for Indian industry?Hindu Succession Act ruling can open litigation floodgates Thierry has a proven track record of building highly successful businesses, driving change, leading cross-cultural teams as well as conceptualising and integrating mergers & acquisitions. He has been appointed as the company CEO for five years till July 5, 2025, according to the latest company filing.His remuneration will include several components apart from the usual cash and stock option that are given to CEOs by companies. Wipro’s Thierry Delaporte is India’s highest-paid IT CEO  Wipro appoints Capgemini ex-COO Thierry Delaporte as MD & CEOInfosys CEO Salil Parekh’s salary jumps 27% to $6 million, says Covid-19 may hit profitability Wipro appoints Capgemini ex-COO Thierry Delaporte as MD & CEO Infosys CEO Salil Parekh’s salary jumps 27% to $6 million, says Covid-19 may hit profitability Delaporte will also be granted an annual handout of 1.2 million units (worth around Rs 27 crore) comprising 0.3 million restricted units (RSUs) and 0.9 million performance stock units (PSUs).