Is tariq premji married
Meet Rishad Premji, the man leading Wipro with over Rs crore in shares and a Rs crore market cap; Know about his journey, family, and more
The Wipro Board has approved the reappointment of Azim Premji as a non-executive, non-independent director and his son Rishad Premji as a whole-time director, who will serve as executive chairman.
These roles are set for a five-year term from 31 July to 30 July
“The Seventy Eighth Annual General Meeting of Wipro Limited will be held on Thursday, 18 July &#; to consider the appointment of a director in place of Azim H Premji who retires by rotation and being eligible, offers himself for reappointment &#; and re-appointment of Rishad A Premji as a whole-time director of the company,” the filing stated, according to NDTV.
Earlier this year, Azim Premji, with a net worth of $ billion (Rs crore), gifted Rishad and his brother Tariq Rs 1 crore shares each, valued at approximately Rs crore.
These shares, representing % of Wipro&#;s share capital, increased each son&#;s stake by %, as reported by The Economic Times.
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Azim premji He was appointed as the Chief Strategy Officer at Wipro in and then promoted to Chairman in Human Civilisation will be over in 30 years at the speed we're damaging our planet. After five decades of building and a formidable business empire in the form of Wipro and leading it to great heights, the executive chairman and Managing Director of the company Azim Premji has stepped down and handed over the reins of the company to his elder son, Rishad Premji. Rishad Premji was recognized as a Young Global Leader by the World Economic Forum in for his outstanding leadership, professional accomplishments, and commitment to society.Know about his life, hobbies, education, and salary
Despite this significant shareholding, Rishad withheld his commission for the second consecutive year due to a negative incremental consolidated net profit for the year. Consequently, his total compensation for FY was reduced by 20% to $, (Rs crore) from the previous year&#;s $, (Rs crore), with his salary decreasing to $, (Rs crore) from $, (Rs crore), according to MoneyControl.
With the reappointment, the board has approved a remuneration range of Rs 5 crore to Rs 12 crore for Rishad Premji, an increase of 11% to 33% from the previous five-year cycle, NDTV reports.
Here’s an overview of the current and future Wipro Executive Chairman.
Early Life
Born on 9 January , Rishad Premji is the elder son of Azim and philanthropist Yasmine Premji. He attended Cathedral and John Connon School in Mumbai, earned a B.A. in Economics from Wesleyan University, and an MBA from Harvard Business School. In , he was named a Young Global Leader by the World Economic Forum, according to Wipro&#;s official website.
Career
Before joining Wipro as a business manager in , Rishad worked with Bain & Company in London and GE Capital in the US.
He served as the Chairman of the National Association of Software and Service Companies (NASSCOM) from to He became Wipro&#;s Chief Strategy Officer in and was promoted to Chairman in
Personal Life
In , Rishad married his childhood friend Aditi. They have a daughter, Rhea, and a son, Rohaan.
Rishad premji biography THIS is the ultimate brain-calming hack to reduce stress and anxiety, according to Harvard. By Saloni Dhruv. In , he was recognised as a Young Global Leader by the World Economic Forum for leadership and services to society. Two Asian airports named among the world's most beautiful airports.The family resides in Epsilon, Bengaluru’s most exclusive gated community, home to other prominent businessmen such as Byju&#;s co-founder Byju Raveendran and Britannia&#;s Managing Director Varun Berry.
Compensation
Rishad&#;s total compensation for FY was Rs crore due to a pay cut. This amount is expected to increase in the next cycle, according to NDTV.
The Premji family&#;s net worth is $ billion (Rs crore), making them one of India&#;s wealthiest families, Forbes reports.