10 years later and I am still very happy to be part of EPAM Systems's amazing journey! Epam shares rose 16% higher on March 2, but are still down nearly 62% since the start of the year. Registering also lets you comment on articles and helps us improve your experience. As of 13 December 2021 he still owns at least 1,251,808 units of EPAM Systems Inc stock. Arkadiy Dobkin - CEO and President Jason Peterson - CFO Conference Call Participants Bryan Bergin - Cowen Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Maggie Nolan - William Blair. Unlike other news outlets, we havent put up a paywall. If so, please join The Times of Israel Community. Don Bailey has been the Chief Executive Officer and President of Questcor Pharmaceutical since November 2007. Will His AI Plans Be Any Different? By registering you agree to the terms and conditions. Please try again or choose an option below. 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. Biography of Arkadiy Dobkin Arkadiy Dobkin founded EPAM Systems, Inc. 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. 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. EPAM (NYSE: EPAM) on Friday announced its "full support of Ukraine," pledging an incremental $100 million humanitarian commitment to support employees and their families in Ukraine. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. [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. 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. And who are the people guiding them to success? On this Wikipedia the language links are at the top of the page across from the article title. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. The business'sfive-year sales growth is 20%, as is its five-year EPS growth. Yes it could. Once logged in, you can add biography in the database, engineer It's a. EPAM acquired Israel-based cybersecurity services provider White-Hat Ltd. in May 2021.[23]. 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. Sales are at $487 million and the company's five-year EPS growth is at 61%. Thanks Arkadiy Dobkin, Larry Solomon Happy to share that starting today, I'm part of the EPAM Systems family as Vice President of Latin America. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. 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Belarus has about 9,500 people who identify as Jews. [4], In 2012, EPAM was listed on New York Stock Exchange under the moniker EPAM, becoming the first company from Belarus on NYSE. 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. It was initially selected 120 prominent figures in Belarusian business, which was composed of the short list with 67 names. Use up and down arrows to review and enter to select. 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. . 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 . In 2019, KMWorld Magazine named EPAM in the list of 100 significant companies in the field of knowledge management. In December 2021, EPAM joined the S&P 500 American market index. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. This net worth estimate does not reflect any other assets that Mr. Dobkin may own. Arkadiy Dobkin is named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine. This situation is war, not business, says Chernikov, who had been working remotely for Epam outside Ukraine. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28684&cache=false" Fleetcoris a successful, leading independent global provider of specialised payment products. Follow Patrick on Twitter at @DCgov, or subscribe to Patrick's RSS feed . I have senior people in Belarus and I know if I risk this, they can be arrested, says Dobkin. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. But the stock has lost half its value since December on fears the Russian . This was a kind of blackmail with specific demandsincluding supporting the [Ukrainian] military with cyberattacks, says Dobkin, adding that Chernikov has been suspended. Joined the EPAM Family: VDI (2006), Spline Software (2007) entrepreneur Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. Dobkin, while concerned about recent events, says isn't overly worried yet that the company will be impacted. Zeltzers employment by a US company has drawn additional attention to the incident, the latest in what appears to be an accelerating crackdown by Lukashenko on his critics. Arkadiy Dobkin. So I have responsibility for 14,000 people in Ukraine, but I also have responsibility for 18,000 people in Belarus and Russia. "We've seen tremendous disruption brought forth by the COVID-19 crisis," said Arkadiy Dobkin, CEO & President, EPAM Systems, Inc. "Our focus has been directed first and foremost on ensuring the safety and security of our people around the world, as well as the communities in which we all live and work. Polina Dobkin, March 17, 2020. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. Back Submit. Taking into account various assets, Arkadiy's net worth is greater than $499,999; and makes between $200 - 249,999 a year. 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. Cirrus Logicis afabless semiconductor supplierspecializing in analog, mixed-signal, and audioDSPintegrated circuits. 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[15], The company also productized TelescopeAI, an artificial intelligence-based platform for IT operations and workforce management, which won a 2019 Big Innovation Award presented by the Business Intelligence Group.[16]. However, earnings per share fell 31% from April until June of this year, and sales fell 14%. Inc., a leading digital transformation services and product engineering company. See Arkadiy Dobkin's compensation, career history, education, & memberships. 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 is the CEO, President and Chairman of the Board at EPAM Systems. There are no executives at EPAM Systems Inc getting paid more. Arkadiy Dobkin, EPAM Systems founder and CEO, was born in Belarus. Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. people could easily go to jail just based on whatever hes posting publicly.. 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. EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. Those Eastern European ties continue run deep. I couldnt write this letterI couldnt even think about this, says Chernikov. Arkadiy received a Master's Degree degree from National Technical University. Company sales stand at$238 million with a five-yearsales growth of 20%, and a five-year EPS growth of 19%. [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. 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Holt has set a goal of reaching$1 billion in revenue. 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. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. Defining how a no-holds-barred Russia-Ukraine cyberwar would play out, 5 reasons why your IT job search is getting harder, Sponsored item title goes here as designed. You always hear about the big American companies that dominate the global industry - but you hear far less about the small ones (if anything at all), even when it comes to the ones on the rise. Wall Street is Looking Bullish on . Mr. Dobkin has served as Chairman of the Board, Chief Executive Officer and President since December 2002 and is one of our co-founders. In addition, he makes $4,325,620 as Chairman of the Board, President, and Chief Executive Officer at EPAM Systems Inc. Arkadiy has made over 124 trades of the EPAM Systems Inc stock since 2012, according to the Form 4 filled with the SEC. The company has also paid staff a $1,000 emergency grant, supplied volunteers to relief efforts and worked with SpaceX to transport and install Starlink satellite systems donated by Elon Musk in Ukraine. Arkadiy Dobkin, CEO of EPAM Systems, shares his views at the biggest SAP Business conference in CIS (SAP NOW Online 2020, April 23). Member of the Board of Directors of the "RUSSOFT"Association . Dobkin says he has now spoken with Chernikov, who has assembled an 800-strong group of Epam colleagues on Telegram. When you can do something, you should do something., This is a BETA experience. 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. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28688&cache=false" 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. they appreciate the relative religious freedom and personal safety, Already a member? Epam has contingency plans to keep the work moving should problems escalate in Ukraine, but so far the uprising there hasn't impacted operations there. Prior to founding EPAM in 1993, Mr. Dobkin held technical and product leadership positions at SAP, Prudential Insurance and Colgate-Palmolive and was inducted into the Ernst & Young World Entrepreneur of the Year Academy and to the elite Entrepreneur of the Year Hall of Fame. Rahul Singh, a principal at outsourcing consulting firm Pace Harmon, who attended college in Ukraine and earned a degree there in computer science, says the Ukraine has a huge potential as a technical center. On average, EPAM Systems Inc executives and independent directors trade stock every 9 days with the average trade being worth of $34,017,520. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28682&cache=false" With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company. EPAM joined the S&P 500 in December 2021. Additionally, Arkadiy Dobkin has had 4 past jobs including Senior VP, Development / Consultant at Firepond. Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. The World's Most Entertaining Car Website. Incorrect password. CEO Arkadiy Dobkin credited the solution provider's emerging digital technology practice with propelling EPAM to its 17th quarter of growth out of the last 18. Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing. 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 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. In the nearly 30 years since, the Newtown-headquartered . [8], In 2006, EPAM acquired VDI, a software development services company with delivery centers in Russia, which expanded the companys presence in the CIS region. After earning a Master of Science degree in Electrical Engineering from the Belarusian National Technical University, Mr. Dobkin began his career in Minsk, Belarus, where he worked for several emerging software development companies. Several weeks ago, I was privileged to visit Kyiv and see the . [9] That year, EPAM CEO Arkadiy Dobkin was named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine. There is way more unity between Epam Ukraine, Belarus, Russia than tensions, says the Epam staffer. Dobkin, the CEO, wrote in a post on LinkedIn on Sunday that the company was "doing absolutely everything we can to save, help and support logistically and financially Ukrainian Epamers and their. entrepreneur Mr. 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. For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members. 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. This list is based on the Forbes ranking of the best performing small American public companies - 'small' is still pretty huge, of course, as it's defined as sales under $1 billion. 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. Member and former chairman of the Board of the "Infopark" Association. Crypto. Could the government cancel elections? Arkadiy Dobkin serves as Chairman of the Board, President, Chief Executive Officer of the Company. Once registered, youll receive our Daily Edition email for free. The estimated Net Worth of Arkadiy Dobkin is at least $746 Million dollars as of 13 December 2021. In 1993, Arkadiy Dobkin and Leo Lozner founded EPAM, a global software engineering services company, in New Jersey, USA and Minsk, Belarus. Sales amount to $225 million. The business's services include fleet cards, food cards, corporate lodging discount cards, and other specialised payment services for businesses. He built the Newtown Square-based software outsourcing firm into a $1 billion-plus business with over 50,000 employees and an S&P 500 listing by hiring engineers and programmers in ex-Soviet nations. 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. He discusses the current. Arkadiy Dobkin is the CEO & Co-founder at EPAM Systems. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. ", Belarusian National Technical University in Minsk, Consultant and Senior Technical Specialist, Chairman, Chief Executive Officer and President. 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Musk Made a Mess at Twitter. His email address is pthibodeau@computerworld.com. [10], In late 2012, EPAM made two acquisitions Thoughtcorp, which expanded its service offerings in Agile, business intelligence and mobile,[11] and Empathy Lab, which established a digital engagement practice focusing on customer experience, design and eCommerce. Its influence, however, is not restricted to the US: the company has software development centers and branch offices all around the world in countries includingCanadatheUK, Kazakhstan, Hungary, Switzerland, Germany, Sweden, the Netherlands andSingapore. The IT services firm's business model is similar to that of Indian services firms, though there are some key differences. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. Most recently he sold 4,959 units of EPAM stock worth $3,386,452 on 13 December 2021. searches below. 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%. Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. At any other company he would have been fired immediately, says Dobkin, who had last week announced plans to step up hiring in India and Latin America to reduce Epams reliance on Ukraine, Russia and Belarus. He received a graduate degree from Byelorussian National Technical University. audio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. Presently, he is Chairman, President & Chief Executive Officer at this company. After the incident, an anchor on STV, a state television channel, delivered a critique of Zeltzer that echoed antisemitic criticism often applied to Jews in the Soviet Union, to which Belarus belonged. This decline has resulted from a slowdown in arm sales, follows a peak in arm stakes in 2012 when enthusiasts began stockpiling weapons after a series of disastrous civilian gun-related incidents took place and they feared broad federal curbs on arms sales. 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. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. Paul Schmidt, a partner at ISG, a sourcing consultancy, said Eastern Europe has "has for some time been one 'alternative' to India, or, more precisely, a location that's selected in addition to India to 'de-risk' the offshore portfolio.". You always hear about the big American companies that dominate the global industry - but you hear far less about the small ones (if anything at all), even when it comes to the ones on the rise. FleetCor serves more than 500,000 commercial accounts all around the world. Its five-year sales growth is of 14% - and has the potential for further development in years to come. Through EPAM, Mr. Dobkin has been instrumental in making the vast talent pool of the former Soviet Union and Central and Eastern Europe available to the global business community.He actively promotes Belarussian region across the US and Western Europe by presenting at noted international industry and technology events, such as Gartner Outsourcing Summits, Forresters GigaWorld IT Forum Europe, Russian Outsourcing & Software Summits, SAP TechEd, and others. Will His AI Plans Be Any Different? . 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[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]. Arkady Dobkin was born in 1960 in Minsk, Belarus. In 2021 . 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. 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. In november, 2014 Arkadiy Dobkin become the winner of the international competition "Entrepreneur of the Year 2014" in Belarus. Arkadiy Dobkin founded EPAM Systems, Inc. If I were there, I couldnt do anything. Leonid Losner, Dobkin's friend and classmate, engineer What is Arkadiy Dobkin's net worth? 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. 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