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Get CTSH alertsCognizant Technology Solutions Corp reported in an 8-K filed January 12, 2023 that Brian Humphries was appointed Special Advisor to the Company, effective January 12, 2023. Cognizant Technology Solutions Corp reported in an 8-K filed January 12, 2023 that Brian Humphries resigned as member of the Board of Directors, effective January 12, 2023. Cognizant Technology Solutions Corp reported in an 8-K filed January 12, 2023 that Brian Humphries was terminated as Chief Executive Officer, effective January 12, 2023. The proxy statement of Cognizant Technology Solutions Corp reports total compensation of $4,216,416 for Brian Humphries in fiscal 2023, including a base salary of $317,000. Disclosed compensation is on record for 5 fiscal years. Brian Humphries has spoken on 10 earnings calls across 1 company, most recently for Cognizant Technology Solutions Corp on November 2, 2022. Cognizant Technology Solutions Corp is classified in the Information Technology Services industry within the Technology sector. Other leadership on record at Cognizant Technology Solutions Corp includes Ravi Kumar S (CEO and Board Member), Rajesh Nambiar (Chairman), Stephen J. Rohleder (Chairman) and 7 others.
“Effective as of 11:59 pm Eastern time on January 12, 2023 (the "Transition Start Date"), you shall cease to serve as Chief Executive Officer of the Company and shall commence serving as an advisor to the Company with the title of "Special Advisor to the Company".”
“On January 9, 2023, Mr. Humphries agreed to resign from the Board, effective January 12, 2023.”
“Third quarter revenue was $4.9 billion, up 5.6% year-over-year in constant currency, short of our expectations. Adjusted operating margin grew 90 basis points sequentially and 60 basis points year-over-year to 16.4% of revenue.”
“I'd like to comment on several topics today, notably our second quarter performance, the demand and pricing environment, and labor market dynamics. Let's start with our second quarter performance, which was balanced.”
“Thanks to our talented employees, we delivered on our first quarter commitments in what continues to be an intensely competitive global labor market. First quarter revenue was $4.8 billion, up 10.9% year-over-year in constant currency, above the midpoint of our first quarter guidance of 10.2% to 11.2% growth.”
“Throughout 2021, clients have meaningfully accelerated spending on digital transformation initiatives, accelerating the demand for IT services.”
“We executed well in the third quarter, delivering revenue of $4.7 billion, up 11.8% year-over-year or 11% in constant currency. Bookings growth, a key leading indicator, accelerated to 24% year-over-year growth in the third quarter.”
2023-01-12–present
2023-01-12–2023-01-12
Start not stated–2023-01-12
Information Technology Services · Technology
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Cognizant Technology Solutions Corp (CTSH) | Former CEO | $317,000 | $4,216,416 |
| 2022 | Cognizant Technology Solutions Corp (CTSH) | Former CEO | $1,144,855 | $17,943,895 |
| 2021 | Cognizant Technology Solutions Corp (CTSH) | Former CEO | $1,230,262 | $19,687,285 |
| 2020 | Cognizant Technology Solutions Corp (CTSH) | Former CEO | $1,026,681 | $13,807,940 |
| 2019 | Cognizant Technology Solutions Corp (CTSH) | CEO | $769,649 | $15,958,002 |
