Wipro’s new CEO and MD, Srinivas Pallia, will receive a maximum compensation of $7 million per annum for the first two years, including a cash compensation that may range from a minimum of $1.75 million and a maximum of $3 million per annum.The IT major in a filing with BSE also said that the former CEO, Thierry Delaporte will be paid $4.33 million in the form of cash compensation and applicable social security contributions, subject to appropriate deductions. Meanwhile another exchange filing...
New Wipro chief executive, Srinivas Pallia who has just completed two weeks at his office, revealed his strategy to revive growth at the fourth-largest IT service major. After taking over the charge, he spoke to media for the first time during the announcement of Q4 earnings.Pallia, who has been with Wipro for over three decades, said, during the Q4 earnings that the building blocks are firmly in place, and he is committed to build on this. “While I remain optimistic about the long term, it is...
When Lyft CEO David Risher took the helm of the rideshare company from cofounders Logan Green and John Zimmer a year ago, his mandate was clear: create a sustainable business by getting the perennial second-place rideshare company to stop bleeding money. The former Microsoft and Amazon executive laid off more than a quarter of the company’s workforce last April and exited ancillary business lines, such as car rentals. That’s helped Lyft lower the prices of its rides, so they’re in line with...
China Mobile appointed He Biao as CEO three months after previous chief Dong Xin resigned following his appointment to a government position, with CFO Li Ronghua filling the role in the interim.
Unity (NYSE: U) (the “Company”), the world's leading platform of tools for creators to build and grow real-time games, apps, and experiences across mu
Fibre network infrastructure provider Zayo Group has appointed Colman
The Los Angeles Philharmonic has named Kim Noltemy its new president and chief executive. Noltemy will assume the role July 8, leaving Dallas Symphony Assn., where she has served as president and CEO since 2018. She takes over from interim CEO Daniel Song after L.A. Phil chief Chad Smith decamped for the Boston Symphony last fall. Noltemy's appointment comes at a pivotal time for the L.A. Phil, which must find someone to take the reins as the organization's music and artistic director when...
No, that headline is not satire. Ex-NBC disinformation reporter Ben Collins announced on his Twitter account on Thursday that he is the new CEO of The Onion. It’s a fitting end for both parties as they tailspin into the depths of bitter politics. Before he was suspended by NBC for having an unprofessional obsession with Elon Musk, he was on the network’s disinformation and extremism beat, which was exclusively focused on the right side of the political spectrum. Collins’s shtick was to find the...
No, that headline is not satire. Ex-NBC disinformation reporter Ben Collins announced on his Twitter account on Thursday that he is the new CEO of The Onion. It’s a fitting end for both parties as they tailspin into the depths of bitter politics. Before he was suspended by NBC for having an unprofessional obsession with Elon Musk, he was on the network’s disinformation and extremism beat, which was exclusively focused on the right side of the political spectrum. Collins’s shtick was to find the...
LONDON, April 19, 2024--Zayo Group, a leading global provider of network infrastructure, has appointed Colman Deegan as its new CEO of Zayo Europe to drive the business’ growth as cloud and AI adoption continues across the continent. This appointment is effective as of April 16, 2024.
Gov. Josh Green, Maui Mayor Richard Bissen and other officials marked major milestones Tuesday in providing more transitional housing for survivors of the Aug. 8 Maui wildfires.
Amazon.com Inc.’s growing cash pile had some investors betting the e-commerce and cloud computing giant would pay a dividend or buy back stock like Meta Platforms Inc. and Alphabet Inc. did earlier this year.