Rishad Premji, the executive chairman of Wipro, joined Wipro in 2007, became the company’s executive chairman in 2019. His current five-year term as its executive chairman will conclude on July 30, 2024.
According to reports, Premji took a voluntary cut in his compensation for the fiscal year 2023, as per a recent filing made to the US Securities and Exchange Commission.
Reports also say that, Premji wasn’t paid a commission as the incremental consolidated net profit of the company was negative this year, 2023.