News: Wipro replaces highest paid executive Martha Helena

C-Suite

Wipro replaces highest paid executive Martha Helena

Organizational rejig at Wipro in the past one year has claimed several senior executives. The company started its reorganisation by dismantling its joint CEO model in January 2011 and naming T K Kurien as the new CEO of the IT business. In the latest development, Wipro has replaced its highest paid executive Martha Helena Bejar with company veteran Pinaki Kar, who will now lead its US subsidiary Infocrossing. Over the past few quarters, the new CEO Kurien has announced several changes aimed at making the company leaner and more agile. Analysts and industry watchers believe these changes were already reflecting in the company's performance after it reported better-than-expected results for the quarter ended September.

Organizational rejig at Wipro in the past one year has claimed several senior executives. The company started its reorganisation by dismantling its joint CEO model in January 2011 and naming T K Kurien as the new CEO of the IT business. In the latest development, Wipro has replaced its highest paid executive Martha Helena Bejar with company veteran Pinaki Kar, who will now lead its US subsidiary Infocrossing. Over the past few quarters, the new CEO Kurien has announced several changes aimed at making the company leaner and more agile. Analysts and industry watchers believe these changes were already reflecting in the company's performance after it reported better-than-expected results for the quarter ended September.

Some of the new leaders who have come to the fore as part of the restructuring exercise are Bhanumurthy BM who now heads the newlyformed business operations unit, Ayan Mukerji who took over as head of the global media and telecom business unit, Sangita Singh who took over the healthcare and life sciences business and Manish Dugar who is now heading Wipro BPO as its CEO. The new head of Infocrossing, Kar is the current business head for the Gulf and Africa markets at Wipro. Kar has been with the company for over 12 years and was a part of the strategy and mergers and acquisitions team before taking over as the head of the Gulf and African regions.

Source: The Economic Time

 

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Topics: C-Suite, #Updates

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