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Wipro CEO Abidali Neemuchwala resigns

Date: 02 February 2020 Tags: Appointments & Resignations
  • Abidali Neemuchwala is exiting as CEO and MD of Wipro after a turbulent period during which the company saw its slide.
  • Wipro repeatedly under-performed and fell behind its rivals  Infosys and Tata Consultancy Services (TCS) and also it lost its third position due to conservative growth in its share value.
  • The search process led by the Governance, Nomination and Remuneration committee of Wipro’s board of directors will be looking at mostly external candidates for the position of Chief Executive Officer.