---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-007183"
form_type: "8-K"
ticker: "EXLS"
cik: "0001297989"
company_name: "ExlService Holdings, Inc."
filed_at: "2023-01-12T23:59:59+00:00"
generated_at: "2026-06-20T15:51:54.651563+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# EXL appoints Andreas Fibig to board; Clyde Ostler to retire at 2023 annual meeting

## Summary
- Andreas Fibig elected to board effective Jan 10, 2023, expanding board to nine directors.
- Fibig appointed to Audit and Nominating and Governance Committees; deemed independent.
- Clyde Ostler will not stand for re-election and will retire at 2023 annual meeting in June.
- Ostler's retirement not due to any disagreement with company; he served since 2007.
- Fibig brings 25+ years experience from IFF, Bayer, and current Novo-Nordisk board.

## SEC filing metadata
- accession: 0001193125-23-007183
- form_type: 8-K
- ticker: EXLS
- cik: 0001297989
- company_name: ExlService Holdings, Inc.
- filed_at: 2023-01-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297989/000119312523007183/0001193125-23-007183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297989/000119312523007183/d440897d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-007183
- JSON: https://secwatch.observer/filing/0001193125-23-007183.json
- Plain text: https://secwatch.observer/filing/0001193125-23-007183.txt

## Key facts
- Executive change
  Clyde Ostler retired as Director at ExlService Holdings, Inc..
  - Action: retired
  - Role: Director
  source text: Clyde Ostler, a member of the Board, notified the Board that he has decided not to stand for re-election at the Company’s 2023 annual meeting of stockholders (the “Annual Meeting”), at which time he will retire from the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297989/000119312523007183/0001193125-23-007183-index.htm
- Executive change
  Andreas Fibig was elected as Director at ExlService Holdings, Inc..
  - Action: elected
  - Role: Director
  source text: the Board has expanded the size of the Board from eight directors to nine directors and elected Andreas Fibig to fill the new director position
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297989/000119312523007183/0001193125-23-007183-index.htm

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