Cognizant's Rajesh Nambiar steps down as President DB&T; company merges practices into four new integrated units

COGNIZANT TECHNOLOGY SOLUTIONS CORP

Rajesh Nambiar ceases as EVP & President, Digital Business & Technology on July 6; remains EVP, Chairman & MD of Cognizant India with non-executive officer compensation.
Merges DB&T and DBO with delivery into four practices: Software & Platform Engineering, Core Tech & Insights, Enterprise Platform Services, and Intuitive Operations & Automation.
Organizational change does not impact reportable business segments; company expects better client service and associate career growth.

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