Wipro Limited Appoints Patrick Dupuis to Its Board
March 30 2016 - 09:00AM
Business Wire
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company today announced the appointment of Patrick Dupuis,
an experienced financial and business strategist, recognized for
driving cultural and operational transformation at scale, to its
Board of Directors, effective April 1, 2016.
Dupuis will serve as an Independent Director on the Board and
brings with him a rich experience of over 30 years, having helped
shape the financial strategy of leading companies in a broad range
of industries, including healthcare, business process management
and customer service.
He is currently Senior Vice President for Simplicity, Quality
and Productivity at Global technology platform and payments leader,
PayPal Holdings, Inc. where his role is to continuously identify
and pursue opportunities to simplify and optimize processes across
the business. His focus is on improving PayPal’s customer
experiences, eliminating upstream cost drivers and delivering
continuous productivity and re-investment capacity.
Welcoming Dupuis to the Board, Azim Premji, Chairman, Wipro
Limited said, “He brings with him a combination of financial acumen
and a deep understanding of driving cultural and operational
transformation. I am confident Wipro will immensely benefit from
his experience.”
Commenting on his appointment, Dupuis, who will also be a member
of the Strategy Committee of the Board, said, “I am delighted and
privileged to be invited to join the Board of Wipro Ltd., a company
widely respected, as much for its business excellence as for its
unflinching commitment to values. I look forward to contributing to
the Company as it prepares for its next phase of growth.”
Dupuis joined PayPal in 2010 as Chief Financial Officer to help
PayPal expand globally and build a sustainable growth company. He
was instrumental in PayPal’s separation from eBay Inc. and listing
on the Nasdaq in 2015. Dupuis was previously the CFO of Sitel, a
leader in customer service and BJC Healthcare, one of the largest
non-profit health care organizations in the US. In both companies,
he was a force of change and operational transformation in times of
significant external pressures. He previously spent 20 years at GE,
where he was made an officer at 34. His last two roles at GE were
CFO of BJC Healthcare and GM of GE Capital International Services
(now Genpact), two global, complex and fast growing businesses.
Dupuis graduated from the Ecole de Management de Lyon in
France.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading information technology,
consulting and business process services company that delivers
solutions to enable its clients to do business better. Wipro
delivers winning business outcomes through its deep industry
experience and a 360 degree view of "Business through Technology.”
By combining digital strategy, customer centric design, advanced
analytics and product engineering approach, Wipro helps its
clients create successful and adaptive businesses. A company
recognized globally for its comprehensive portfolio of services,
strong commitment to sustainability and good corporate citizenship,
Wipro has a dedicated workforce of over 160,000, serving clients in
175+ cities across 6 continents. For more information, please visit
www.wipro.com.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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Wipro Media:Vipin Nair, +91 98450
14036vipin.nair1@wipro.com
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