Thierry Delaporte, CEO of Wipro, expressed confidence in the alignment between the management and the board regarding targets and achievements. This comes in the wake of reports indicating concerns expressed by Wipro’s founder chairman, Azim Premji, regarding the company’s current leadership.

Delaporte, who assumed the role of CEO in July 2020, stated that the management is consistently in touch with key stakeholders, including the promoters and the chairman. While not directly addressing media reports, he emphasized the importance of ongoing communication.

In an interview with CNBC-TV18 on January 12, Delaporte refrained from commenting on specific reports but highlighted the positive level of interaction with the promoters, board members, and the executive committee team. He underlined his satisfaction with the ongoing communication, stating, “We are constantly interacting with the promoters, board members, or the executive committee team. I am in constant interaction on multiple fronts and very pleased with the level of our interaction.”

Addressing concerns raised by Azim Premji, who owns a 73% stake in Wipro, Delaporte voiced his confidence in the team’s achievements. He mentioned, “We are reflecting on what is going well, what can be improved, so I think there is strong alignment on what we have done, the achievements we have made, what we still need to continue to do, and the priorities to address over the next quarters. So I am very pleased about this alignment overall.”

On the topic of his role and tenure, Delaporte expressed optimism, stating, “I love what I am doing; I have a great team. We have done a fabulous job over the last few years and are very positive about what is ahead of us.” He acknowledged that such questions about leadership would persist but conveyed his commitment to driving the company forward.

Wipro Ltd., currently India’s fourth-largest IT services firm, is navigating challenges, including cultural changes, declining growth, profitability issues, exits, and underperforming stock. In a private meeting in October 2023, Azim Premji reportedly expressed disappointment ahead of a crucial board meeting.

Delaporte’s tenure has seen Wipro navigate industry challenges, and he remains optimistic about the company’s future. Wipro’s Q3FY24 results indicate an expected revenue for the March quarter to be between a drop of -1.5% to a growth of 0.5% on a constant currency basis.

The CEO concluded, “I feel I’m in the right environment to drive the company forward.” With his appointment in July 2020, Delaporte has been at the helm during a critical period for Wipro.

As of now, Wipro’s shares ended 4% higher ahead of the results at ₹466.10.