Conduent appoints Harsha V. Agadi as CEO, replacing Clifford Skelton

CONDUENT Inc

Clifford Skelton stepped down as President and CEO, effective Jan 16, 2026; receives separation benefits consistent with termination without cause.
Harsha V. Agadi, former Chairman, appointed CEO effective Jan 16; Margarita Paláu-Hernández becomes independent Chair.
New CEO Agadi compensation: base salary $880k, target STI 150% of base, LTI of 1.7M stock units (40% RSUs, 60% PSUs with stock price goals $2.50/$5.00).
Agadi brings over 35 years exec leadership; previously CEO of six companies; currently Chairman of Flotek Industries.
No disagreement with Skelton's departure; transition effective immediately; Agadi steps down as Chairman.

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