---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-150280"
form_type: "8-K"
ticker: "EXLS"
cik: "0001297989"
company_name: "ExlService Holdings, Inc."
filed_at: "2021-12-16T23:59:59+00:00"
generated_at: "2026-06-28T00:25:29.181174+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# EXL: Vikram Pandit named Chairman; Garen Staglin not standing for re-election

## Summary
- Garen Staglin will not stand for re-election at the June 2022 Annual Meeting; he continues as director until then.
- Vikram Pandit appointed Chairman of the Board, effective January 1, 2022; has been a director since October 2018.
- Staglin served as Chairman for over 16 years; transition is planned with Staglin helping ensure a smooth handover.
- Pandit also serves as Chairman and CEO of The Orogen Group and formerly CEO of Citigroup.

## SEC filing metadata
- accession: 0001104659-21-150280
- form_type: 8-K
- ticker: EXLS
- cik: 0001297989
- company_name: ExlService Holdings, Inc.
- filed_at: 2021-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297989/000110465921150280/0001104659-21-150280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297989/000110465921150280/tm2135627d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-150280
- JSON: https://secwatch.observer/filing/0001104659-21-150280.json
- Plain text: https://secwatch.observer/filing/0001104659-21-150280.txt

## Key facts
- Executive change
  Garen Staglin departed as Director at ExlService Holdings, Inc..
  - Action: not stand for re-election
  - Role: Director
  source text: Garen Staglin, a member of the Board of Directors (the “Board”) of ExlService Holdings, Inc. (the “Company”), notified the Chairman of the Board’s Nominating and Governance Committee, Nitin Sahney, of Mr. Staglin’s decision to not stand for re-election to the Board at the Company’s 2022 Annual Meeting of Stockholders to be held in June 2022 (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297989/000110465921150280/0001104659-21-150280-index.htm
- Executive change
  Vikram Pandit was appointed as Chairman of the Board at ExlService Holdings, Inc..
  - Action: appointed
  - Role: Chairman of the Board
  source text: Effective January 1, 2022, Vikram Pandit will serve as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297989/000110465921150280/0001104659-21-150280-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.