Company sales stand at$238 million with a five-yearsales growth of 20%, and a five-year EPS growth of 19%. Use up and down arrows to review and enter to select. In December 2021, EPAM joined the S&P 500 American market index. 2023 The Times of Israel , All Rights Reserved, Andrei Zeltzer stands with a hunting rifle behind the door of his home in Minsk, Belarus on Sept. 29, 2021. With sales at $629 million, and a five year annual sales growth at 51%, Bailey's company tops our list. Enter your search query or select one from the list of frequent searches below. Arkadiy Dobkin founded EPAM Systems, Inc. What happens to the notes placed in the Kotel? Mr. Dobkin owns over 4,959 units of EPAM Systems Inc stock worth over $445,956,600 and over the last 11 years he sold EPAM stock worth over $282,570,144. Very strong engineering schools are a legacy of the former Soviet Union. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. The World's Most Entertaining Car Website. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? Apple, Boeing and Airbus have suspended work in Russia as part of a growing corporate backlash against the invasion that has already claimed the lives of 227 civilians and forced more than 600,000 people to flee their homes. It's a. entrepreneur Copyright 2023 IDG Communications, Inc. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. The 60 year old has upheld and developed the company's devotion to educate - indeed,Grand Canyon Education provides post-secondary education through graduate and undergraduate degree programs in education, healthcare, business and liberal arts either online or in Phoenix, Arizona. consultant. News on all your favorite celebs, reality TV, and movies. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. Dobkin has relatives and friends throughout the region -- cousins living in the Ukraine and in Russia, and a friend who has one uncle serving in the Ukrainian army and another in the Russian army. [18], In August 2021, EPAM expanded its presence in Latin America through the acquisition of Colombia-based S4N,[19] a software development services firm specializing in the design and development of modern software products and enterprise platforms.[20]. Meanwhile, Chernikov is thousands of miles away from the fighting in Ukraine, and his parents who have spent several nights in a basement bomb shelter in Kharkiv. In 2009, Arkadiy Dobkin,was named "Man of Action" in the nomination "For the active involvement and effective use of foreign investment. So now we have a request. Patrick Thibodeau covers SaaS and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. Today that company, Epam Systems in Newtown, Pa., employs some 10,000 workers, including about 2,600 in the Ukraine, where day-to-day life has become precarious amid a conflict with Russia. Under his leadership, EPAM has grown from a New Jersey-based start-up with Eastern European roots to become the foremost global digital transformation services provider leading the industry in digital and physical product development and digital platform engineering services. Over the last 11 years, insiders at EPAM Systems Inc have traded over $1,560,580,967 worth of EPAM Systems Inc stock. In 2021, he was recognized by GLOBSEC with the Tatra Summit Business Leadership Award for his impressive contribution to development of the tech business environment across the CEE region and beyond, and was named as one of the Philadelphia Business Journals Most Admired CEOs. Sales are at $487 million and the company's five-year EPS growth is at 61%. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. Yes it could. Tensions over the war in Ukraine within American software engineering company EPAM Systems, which has a large workforce split over the front line, have spilled into the public. Computerworld |. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. Mr. Dobkin previously occupied the position of Principal at Colgate-Palmolive Co., Principal at Sapporo Clinical Laboratory, Inc., Principal at Sap Labs Los Angeles and Principal at Minsk Radio-tech University. It's always hard to predict who the giants of the future will be but facts and figures allow us to make some pretty reliable guesses. Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing. The Ukrainian software engineers message from February 25 struck a chord with some of his colleagues, who criticized his suspension, and Epam CEO Arkadiy Dobkin, who called for fighting to endbut stopped short of mentioning Russia, in threads spilling over LinkedIn and Ukrainian tech forums. Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. In 1993, a few years after immigrating to the U.S., Arkadiy Dobkin, an electrical engineer trained in Minsk, Belarus, started a company that aimed to tap the IT engineering talent developed in the former Soviet Union. National Technological University unknown Computer Science 1983 It was initially selected 120 prominent figures in Belarusian business, which was composed of the short list with 67 names. Member of the Board of Directors of the "RUSSOFT"Association . src="" alt="" class="gallery-slider__content__img" height="". This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Will Bibis legacy be a new constitution for Israel or civil war? Explore our enterprise software products, open source solutions and accelerators on EPAM SolutionsHub. In May 2021, EPAM ranked 1,804 on the Forbes Global 2000 list. A graduate and then professor at Concordia University, Brian Mueller then hopped institutions to became CEO of Grand Canyon Education in July of 2008. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28684&cache=false" [12], EPAM made two acquisitions in 2018 to expand its service offerings: Continuum (now EPAM Continuum) [13] and TH_NK[14] to add consulting capabilities and develop its digital and service design practices. To commemorate the milestone, Arkadiy Dobkin, EPAM's Chairman of the Board, CEO & President, joined by members of EPAM's management team, board of directors, and invited guests will preside over . Back Submit. Epam Systems has 14,000 employees in Ukraine, others in Russia, Contractor says his network access was blocked after critique. Tension over the conflict in Ukraine -- and the role U.S. companies should play in opposing Russias invasion -- is playing out within Epam Systems Inc., a Pennsylvania-based company with a large work force in Ukraine. Arkadiy Dobkin is the CEO & Co-founder at EPAM Systems. Could the government cancel elections? They were sent a questionnaire, the results of which were selected 12 contestants. Holt has set a goal of reaching$1 billion in revenue. Dobkin, while concerned about recent events, says isn't overly worried yet that the company will be impacted. articles a month for anyone to read, even non-subscribers! With sales at $866 million, over 1.000 patents, 600-plus products, and serving more than 2.500 customers globally,Cirrus Logic Inc. has truly taken off. Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. His email address is pthibodeau@computerworld.com. Arkadiy Dobkin - President and Chief Executive Officer Jason Peterson - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Jason Kupferberg - Bank of America Bryan. Zeltzer worked for the US-based information technology firm Epam, whose founder and CEO, Arkadiy Dobkin, is a Jew from Belarus who now lives in the United States. The largest IT employment center in Ukraine is in Kiev with 10,000 full-time workers, says Everest. I have senior people in Belarus and I know if I risk this, they can be arrested, says Dobkin. When Arkadiy Dobkin emigrated to the U.S. two decades ago, his first job was washing dishes. Once registered, youll receive our Daily Edition email for free. If I were there, I couldnt do anything. EPAM is a founding member of the MACH Alliance. Sales currently stand at a rewarding $804 million. EPAM Systems Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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She discusses what the experience may tell us about Jewish obligation, history and dignity. Chernikov went further in his letter, demanding that Epam not only sever ties with Russian and Belarusian clients, but also close operations in those countries, where the company has 18,000 employees, and throw Epams resources into supporting the Ukrainian governments volunteer hacker brigades. So I have responsibility for 14,000 people in Ukraine, but I also have responsibility for 18,000 people in Belarus and Russia. Holt has been prioritising customer feedback and is determined to engage with customers on a new level. EPAM acquired Israel-based cybersecurity services provider White-Hat Ltd. in May 2021.[23]. EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. You can see the complete history of Mr. Dobkin stock trades at the bottom of the page. audio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. [5][6], In 2004, EPAM acquired Fathom Technology, a software development services company based in Budapest, Hungary, expanding its offshore services beyond North America. Beloved grandmother of Evgenia, Elena, Alex, Dasha, Katiy, Lucy, Danny . Since 1993, EPAM Systems, Inc. has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. In 1987 he created a cooperative on software development.In 1993 he founded the outsourcing company EPAM Systems with headquarters in New Jersey.In 2006, Consulting Magazine named him as one of the Top 25 Most Influential Consultants.In 2013 Forbs recognized EPAM on its Fast Tech 25 list as sixth fastest growing technology company in North America. Beloved wife of the late Mikhail Dobkin. Arkadiys from Belarus, and he has an intimate background of how things happen there, says a senior Epam staffer who asked not to be named. Reports have suggested that war in Ukraine had fueled tensions between Ukrainian, Belarusian and Russian staff within the company but several Epam workers who spoke with Forbes say that they had received risky publicand privatemessages of support from colleagues across the front lines. NIC develops online services for electronic governance that are used by over 3500 federal, state, and local government agencies. The most recent stock trade was executed by Jason D. Peterson on 11 November 2022, trading 1,000 units of EPAM stock currently worth $169,130. The Connecticutbased firearm manufacturing company is the fourth largest in the United States. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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Copyright 2014 IDG Communications, Inc. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. . The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Hes facing an impossible position because of the laws in Belarus and Russia . EPAM was named a Top 10 Travel, Hospitality & Logistics Service Provider in 2018 by HFS Research, In 2019 EPAM was awarded the BIG Innovation Awards for the development of the TelescopeAI. The oldest executive at EPAM Systems Inc is RonaldVargo, 66, who is the Non-Executive Lead Independent Director. You may opt-out by. Previously, Arkadiy was a Member at Board International. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. The industry is growing at 10% to 15% a year in the country, added Salil Dani, a practice director at Everest. Things were already looking up for Proto Labs, and Holt is pushing the success even further: company sales are at $143 million, the five year sales growth is of 30%, and the five-year EPS growth is at 51%. If so, please join The Times of Israel Community. Multiple people have died in clashes with security forces in Belarus following a wave of street protests connected to the 2020 presidential election in which Lukashenko, who has ruled Belarus since 1994, claimed victory. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Leonid Losner, Dobkin's friend and classmate, engineer [27], During the 2022 Russian invasion of Ukraine, tensions between the firm's 14,000 Ukrainian employees and the 18,000 Belarusian and Russian staff sparked dissension when the CEO Arkadiy Dobkin refrained from publicly condemning Russia in a statement on LinkedIn and rejected calls to assist the Ukrainian military. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. I couldnt write this letterI couldnt even think about this, says Chernikov. For example, she has decided to moveaway from grassroots marketing to engineers in the product-development field as well as introduce Web-first customer interaction. In May 2021, EPAM acquired Just-BI,[22] a Netherlands-based consultancy specializing in SAP/S4HANA and enterprise data and analytics program management. Arkadiy Dobkin Title Chairman of the Board, CEO & President Connect Download Bio Download Photo Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. [3], In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche. Mr. Dobkin is known as a pioneer in the software product engineering and IT services industry and has been an instrumental force in opening the vast software talent pool of the Central and Eastern European regions to the international business community. The largest trade he's ever made was selling 370,846 units of EPAM Systems Inc stock on 7 February 2012 worth over $4,450,152. people could easily go to jail just based on whatever hes posting publicly.. Inc., a leading digital transformation services and product engineering company. The Company is recognized by leading independent research agencies, including being listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked as the Top IT Services company on Fortunes 100 Fastest-Growing Companies list for the last three consecutive years. Arkadiy Dobkin, CEO of EPAM Systems, shares his views at the biggest SAP Business conference in CIS (SAP NOW Online 2020, April 23). The public spat between Epam and some of its employees comes as the company continues efforts to evacuate its staff from areas near the fighting to the relative safety of western Ukraine. As the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc, the total compensation of Arkadiy Dobkin at EPAM Systems Inc is $4,325,620. Arkadiy Dobkin. Unlike other news outlets, we havent put up a paywall. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Thank you, David Horovitz, Founding Editor of The Times of Israel, BONUS - What Matters Now to Haviv Rettig Gur: Taking advantage of this moment of decisions. Musk Made a Mess at Twitter. 2023 EPAM Systems, Inc. I'm the Forbes Europe News Editor and I cover technology. This was a cosmopolitan, enjoying state benefits to fatten himself up and live in two countries, to make money here and spend it there, Ryhor Azaronaksaid about Zeltzer, who he said was a US citizen. . Many of Belaruss Jews, especially among the younger generations, are displeased by the lack of democratic representation and an independent judiciary in the country. The business also develops e-Services and manage official Web sites for 29 states, and is ever-expanding. As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and ranked as the top IT services company on Fortune's 100 Fastest-Growing Companies list of 2019 and 2020. Inc., a leading digital transformation services and product engineering company. EPAM is also listed among Ad Ages top 25 Worlds Largest Agency Companies for three consecutive years and in 2020, Consulting Magazine named EPAM Continuum a top 20 Fastest-Growing Firm. Arkadiy received a Master's Degree degree from National Technical University. Sales stand at $595 million and the five-year EPS growth is at 54%. Member of the Board of Directors of the "RUSSOFT"Association . Below, we've taken a look at the brains and the wealth behind these small powerhouses and burgeoning success stories. Arkadiy Dobkin is a President, Chief Executive Officer & Chairman of the Board at EPAM Systems based in Newtown, Pennsylvania. It has a strong presence in a number of other counties, including Russia, Belarus, Kazakhstan and Poland. With sales at $558 million, and a five-year EPS growth of 104%, it seems that Grand Canyon Education is in for the long run. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? This was a kind of blackmail with specific demandsincluding supporting the [Ukrainian] military with cyberattacks, says Dobkin, adding that Chernikov has been suspended. Click the link in that email to complete registration so you can comment. However, earnings per share fell 31% from April until June of this year, and sales fell 14%. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28683&cache=false" [29] Also, the company launched the EPAM Ukraine Assistance Fund to help Ukrainians and made a US$100 million humanitarian aid commitment. click the link in that email to complete your registration. Israels judicial overhaul: What is the coalition planning and where does it stand? On average, EPAM Systems Inc executives and independent directors trade stock every 9 days with the average trade being worth of $34,017,520. Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. Most recently he sold 4,959 units of EPAM stock worth $3,386,452 on 13 December 2021. George Soros's Family Office Bets Against Crypto Bank Silvergate. Registering also lets you comment on articles and helps us improve your experience. [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. Also that year, EPAM launched InfoNgen, a text analytics and sentiment analysis enterprise software product that uses artificial intelligence. He discusses the current. The business'sfive-year sales growth is 20%, as is its five-year EPS growth. 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The most active insiders traders include Donald Spencer, Partners Ii Lp Russia Partn, and Andrew Guff. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. Incorrect password. Maria is a French-British English literature graduate. I had to fire it. All Rights Reserved. The Forbes list ranks the companies according to return on equity, sales growth and earnings growth over the past year, as well as the past five years. With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company. "What is. Founded in 2003, InvenSense came at just the right time of technological explosion: itsMotion Tracking sensor system on a chip is fast becoming essential toelectronic devices, providing an intuitive way for consumers to interact with their electronic devices by tracking their motions in free space and delivering them as input commands. . Don Bailey has been the Chief Executive Officer and President of Questcor Pharmaceutical since November 2007. 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Thanks Arkadiy Dobkin, Larry Solomon Mariia Teslyak. Member and former chairman of the Board of the "Infopark" Association. Dobkin says he has now spoken with Chernikov, who has assembled an 800-strong group of Epam colleagues on Telegram. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28688&cache=false" Belarusian security forces shot dead Andrei Zeltzer, a 31-year-old programmer who opposed the Lukashenko regime, during a raid at his home in Minsk Tuesday. But the stock has lost half its value since December on fears the Russian . The estimated Net Worth of Arkadiy Dobkin is at least $733 Milion dollars as of 13 December 2021. Arkadiy Dobkin serves as Chairman of the Board, President, Chief Executive Officer of the Company. What is Arkadiy Dobkin's net worth? In 2021 . Once logged in, you can add biography in the database, engineer Dobkin was lambasted on LinkedIn, Facebook and Twitter. Mr. Dobkin has served as Chairman of the Board, Chief Executive Officer and President since December 2002 and is one of our co-founders. Mr. Dobkin owns 1,361,893 shares of EPAM Systems stock worth more than $416,780,115 as of February 26th. In 1993, Arkadiy Dobkin and Leo Lozner founded EPAM, a global software engineering services company, in New Jersey, USA and Minsk, Belarus. In 1993, a few years after immigrating to the U.S., Arkadiy Dobkin, an electrical engineer trained in Minsk, Belarus, started a company that aimed to tap the IT engineering talent developed in the . There are 5 older and 18 younger executives at EPAM Systems Inc. New Investor: Siguler Guff & Company. 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