Business
EPAM Announces Planned Leadership Succession
EPAM Systems, Inc. (NYSE: EPAM) ("EPAM" or the "Company"), a leading digital transformation services and product engineering company, today announced that Arkadiy Dobkin, the Company's Principal Founder, Chairman, Chief Executive Officer and President, will transition to the role of Executive Chairman, on September 1, 2025. As part of the planned succession, Balazs Fejes, EPAM's President of Global Business & Chief Revenue Officer, will become Chief Executive Officer and President.
About this update from Epam Systems, Inc.
[{"type":"text","content":"Principal Founder and CEO Arkadiy Dobkin to Become Executive Chairman","length":69,"tagName":"p","attribs":{}},{"type":"text","content":"Balazs Fejes Appointed to Become President and Chief Executive Officer","length":70,"tagName":"p","attribs":{}},{"type":"text","content":"Succession to be Effective on September 1, 2025","length":47,"tagName":"p","attribs":{}},{"type":"text","content":"NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) ("EPAM" or the "Company"), a leading digital transformation services and product engineering company, today announced that Arkadiy Dobkin, the Company's Principal Founder, Chairman, Chief Executive Officer and President, will transition to the role of Executive Chairman, on September 1, 2025. As part of the planned succession, Balazs Fejes, EPAM's President of Global Business & Chief Revenue Officer, will become Chief Executive Officer and President.","length":560,"tagName":"p"},{"type":"image","alt":"EPAM Systems (PRNewsfoto/EPAM Systems, Inc.)","displaySize":"","headline":null,"caption":"EPAM Systems (PRNewsfoto/EPAM Systems, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/prnewswire.com/4246c78faf8add4b54635dd6a6518386"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cLL8sOYN4kReqeNBn03GCw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4246c78faf8add4b54635dd6a6518386","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2223594/EPAM_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As Executive Chairman, Mr. Dobkin will continue his commitment to the Company's vision and future success. In this role, he will focus on advancing strategic initiatives and supporting the continuity of EPAM's mission as the Company enters the next phase of its journey. Mr. Dobkin will remain actively engaged in helping to shape EPAM's long-term strategic direction, maintaining key relationships with clients, partners and investors, providing guidance on critical strategic initiatives and promoting the Company's brand worldwide. Working closely with the CEO and leadership team, Mr. Dobkin will help ensure that the values, relationships and strategic focus that have defined EPA...