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. 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. He holds an MS in Electrical Engineering from the Belarusian National Technical University. Ronald F Clarke is one of the longest-running CEOs on our list, having led FleetCor Technologies for fourteen years, since August of 2000. Arkadiy Dobkin founded EPAM Systems, Inc. Founded in 1981 by Dr. Suhas Patil, today Jason P Rhode leads the company. 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 major Belarusian businessmen. So I have responsibility for 14,000 people in Ukraine, but I also have responsibility for 18,000 people in Belarus and Russia. Do you think any other commercial company in the United States will allow its infrastructure to be used for cyberattacks? asks Dobkin. Explore our enterprise software products, open source solutions and accelerators on. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. Mr. Dobkin owns 1,361,893 shares of EPAM Systems stock worth more than $416,780,115 as of February 26th. Also that year, EPAM launched InfoNgen, a text analytics and sentiment analysis enterprise software product that uses artificial intelligence. Mr. Dobkin has served as Chairman of the Board, Chief Executive Officer and President since December 2002 and is one of our co-founders. But others saythey appreciate the relative religious freedom and personal safetythat have characterized the Lukashenko regime. 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. So which brands and enterprises have proven themselves? Please try again or choose an option below. 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. The estimated Net Worth of Arkadiy Dobkin is at least $746 Million dollars as of 13 December 2021. searches below. 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. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Inc., a leading digital transformation services and product engineering company. 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. He discusses the current. 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Behrooz Abdi is taking the world of motion processing technologies by storm with InvenSense, a company whose five-year sales growth is of an impressive 86%, and whose five-year EPS rate is of an even more astounding 205%. Don Bailey has been the Chief Executive Officer and President of Questcor Pharmaceutical since November 2007. [7] In 2006, EPAM secured an equity investment from Siguler Guff to fund its competitive growth plans. [28] 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 - [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. The oldest executive at EPAM Systems Inc is RonaldVargo, 66, who is the Non-Executive Lead Independent Director. In the nearly 30 years since, the Newtown-headquartered . As part of its SolutionsHub launch, EPAM also released the Open Source Contributor Index (OSCI), a tool that ranks the top open-source contributors by a commercial organization. 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. Wall Street is Looking Bullish on . [9] That year, EPAM CEO Arkadiy Dobkin was named one of the Top 25 Most Influential Consultants of the Year by Consulting Magazine. Senior Editor Patrick Thibodeau covers Internet of Things, enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. I have senior people in Belarus and I know if I risk this, they can be arrested, says Dobkin. Member and former chairman of the Board of the "Infopark" Association. Incorrect password. The largest IT employment center in Ukraine is in Kiev with 10,000 full-time workers, says Everest. I have a very strong reason why. 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. Additionally, Arkadiy Dobkin has had 4 past jobs including Senior VP, Development / Consultant at Firepond. EPAM joined the S&P 500 in December 2021. The situation in Ukraine has not yet impacted IT services delivery, although "it will increase the perception of risk," said H. Karthik, a vice president at the Everest Group. 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Member of the Board of Directors of the "RUSSOFT"Association . EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. On average, EPAM Systems Inc executives and independent directors trade stock every 9 days with the average trade being worth of $34,017,520. Explore our enterprise software products, open source solutions and accelerators on EPAM SolutionsHub. In June 2008, Ernst & Young named Mr. Dobkin Entrepreneur Of The Year in the Information Technology Consulting category. The IT services firm's business model is similar to that of Indian services firms, though there are some key differences. It was initially selected 120 prominent figures in Belarusian business, which was composed of the short list with 67 names. 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. (Maria Uspenskaya), Belarus President Alexander Lukashenko speaks during an awarding ceremony in Minsk, Belarus, on July 2, 2021. EPAM is a founding member of the MACH Alliance. After immigrating to the United States in 1991, he held technical and leadership positions at Prudential Insurance, Colgate-Palmolive and SAP Labs. Mr. A graduate and then professor at Concordia University, Brian Mueller then hopped institutions to became CEO of Grand Canyon Education in July of 2008. Crypto. (No news organization has reported that Zeltzer was American.) src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28688&cache=false" 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. 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The business'sfive-year sales growth is 20%, as is its five-year EPS growth. 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. Mr. Dobkin owns over 4,959 units of EPAM Systems Inc stock worth over $459,375,982 and over the last 11 years he sold EPAM stock worth over $282,570,144. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28682&cache=false" "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. . src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false" src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28684&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. 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%. Hundreds of opponents of the authoritarian regime led by Belarusian President Alexander Lukashenko have been arrestedin recent days after security forces killeda Jewish dissident last week. It also employs 5,100 people worldwide. 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. Arkadiy has many family members and associates who include Sofia Dobkin, Jennifer Hanzel, Vincent Depaul, Z Newman and James Hanzel. 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. Company President since 2011 and CEO since 2012, Bryan A. Shinn is the man behind US Silica Holdings. Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. [3], In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche. News on all your favorite celebs, reality TV, and movies. 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. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. 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. In the war many factories, brands and companiesthey work for the needs of the war and change their business model.. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. Arkadiy Dobkin. Over the last 11 years, insiders at EPAM Systems Inc have traded over $1,560,580,967 worth of EPAM Systems Inc stock. 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. With 43,900 students enrolled in 2011, the company is ever growing. I couldnt write this letterI couldnt even think about this, says Chernikov. Arkadiy Dobkin - CEO & Principal Founder - EPAM Systems | LinkedIn Arkadiy Dobkin CEO and Co- Founder, EPAM Systems Newtown Grant, Pennsylvania, United States 8K followers 500+ connections Join. 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. Most recently he sold 4,959 units of EPAM stock worth $3,386,452 on 13 December 2021. 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 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. 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Enter your search query or select one from the list of frequent searches below. Cirrus Logicis afabless semiconductor supplierspecializing in analog, mixed-signal, and audioDSPintegrated circuits. Devoted mother of Semen, Sofia and Arkadiy Dobkin. Inc., a leading digital transformation services and product engineering company. Musk Made a Mess at Twitter. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. Presently, he is Chairman, President & Chief Executive Officer at this company. In 2021 . 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. 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. Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. [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]. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Will His AI Plans Be Any Different? 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. The Ukrainian software engineer's 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 end . In november, 2014 Arkadiy Dobkin become the winner of the international competition "Entrepreneur of the Year 2014" in Belarus. 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. In May 2021, EPAM acquired Just-BI,[22] a Netherlands-based consultancy specializing in SAP/S4HANA and enterprise data and analytics program management. By registering you agree to the terms and conditions. What is Arkadiy Dobkin's net worth? 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 . The business also develops e-Services and manage official Web sites for 29 states, and is ever-expanding. Joined the EPAM Family: VDI (2006), Spline Software (2007) View Arkadiy Dobkin results in Minnesota (MN) including current phone number, address, relatives, background check report, and property record with Whitepages. 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. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. They were sent a questionnaire, the results of which were selected 12 contestants. FleetCor serves more than 500,000 commercial accounts all around the world. Those Eastern European ties continue run deep. There are no executives at EPAM Systems Inc getting paid more. 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. Mike Fifer has been the Chief Executive Officer of Sturm, Ruger & Co since September of 2006.