<ul><li>Wipro's CEO Thierry Delaporte is due to receive a Rs 92.1 crore ($11 million) severance payout following his early departure, marking him among top executives in the sector with substantial exit packages.</li><li>Delaporte, who had a year remaining on his five-year term, had a total FY23 compensation exceeding $10 million. Recent precedents show severance payments ranging from Rs 48 crore to Rs 92 crore for departing CEOs in the IT industry.</li><li>The exit compensation, often equivalent to a year's salary, is governed by contracts or industry norms. Delaporte's departure adds to the trend of lucrative severance packages in the IT sector.</li></ul>

Here's how much Wipro CEO Delaporte will get as severance pay

Discover more