Wipro, India’s third largest software services firm has roped in financial and business strategist Patrick Dupuis as an independent member on its board.
- He is currently senior vice president for simplicity, quality and productivity at global technology platform and payments leader PayPal Holdings Inc.
- Azim Premji, chairman of Wipro, said Mr Dupuis brings with him a combination of financial acumen and a deep understanding of driving cultural and operational transformation.
- Mr Dupuis joined PayPal in 2010 as chief financial officer to help the company 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. Mr Dupuis was previously the CFO of Sitel, a leader in customer service, and BJC Healthcare, one of the largest non-profit health care organisations in the US.
- He previously spent 20 years at GE.
- Earlier this month, Wipro appointed technologist and venture capitalist Patrick J Ennis as another independent director to its board.
Did You Know?
- As of Dec 2015, Wipro’s market capitalization was $45 Billion, making it one of India’s largest publicly traded companies and seventh largest IT Corporation in the World.
- The company was incorporated on 29 December 1945, in Mumbai by Mohamed Premji as ‘Western India Palm Refined Oil Limited’, later abbreviated to ‘Wipro’.
- It was initially set up as a manufacturer of vegetable and refined oils in Mumbai, Maharashtra, India under the trade names of Kisan, Sunflower and Camel.
- The company logo still contains a sunflower to reflect products of the original business.