---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-23-000035"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:36:02.716277+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# EPAM appoints cybersecurity veteran Chandra McMahon to board

## Summary
- Chandra McMahon appointed as independent director and Audit Committee member effective June 28, 2023.
- Board amended bylaws to increase maximum directors from 9 to 10 to accommodate the appointment.
- McMahon brings 30+ years of cybersecurity and IT leadership; currently SVP & CISO at CVS Health.
- No material transactions or arrangements between McMahon and EPAM.

## SEC filing metadata
- accession: 0001352010-23-000035
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000035/0001352010-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000035/epam-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-23-000035
- JSON: https://secwatch.observer/filing/0001352010-23-000035.json
- Plain text: https://secwatch.observer/filing/0001352010-23-000035.txt

## Key facts
- Executive change
  Chandra McMahon was appointed as Independent Director and Audit Committee Member at EPAM Systems, Inc..
  - Action: appointed
  - Role: Independent Director and Audit Committee Member
  source text: appointed Ms. Chandra McMahon to serve on the Board as an independent director and a member of the Audit Committee of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000035/0001352010-23-000035-index.htm
- Governance Changes
  EPAM Systems, Inc.: Increased maximum number of directors from nine to ten (effective 2023-06-28).
  - Change: bylaw amendment
  - Effective: 2023-06-28
  source text: The amendment and restatement to the bylaws changes Section 3.02 to increase the maximum number of directors on the Board from nine to ten.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000035/0001352010-23-000035-index.htm

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