Robert Telesmanic
On May 23, 2025, Robert Telesmanic notified Cognizant Technology Solutions Corporation (the “Company”) of his plans to retire from his role as SVP, Controller and Chief Accounting Officer effective as of July 1, 2025.
Highest-materiality recent filing
Cognizant reaches $5.5M settlement in stockholder derivative action
Settlement requires insurers to pay $5.5M to Cognizant, net of court-approved fees.
Quorum of 440.2M shares (92.90%) present; all 13 director nominees re-elected.
Cognizant Technology Solutions to borrow $1B under revolving credit facility on May 20, 2026
Borrowing of $1.0 billion under existing revolving credit facility; notice given on May 15, 2026.
Cognizant increases 2026 share repurchase target by $1B to $2B; board adds $2B to authorization
Board approved $2B increase to repurchase authorization; remaining capacity ~$3.45B as of May 17, 2026.
Cognizant reports Q1 revenue $5.4B (+5.8% YoY), adj. EPS $1.40 (+13.8%), raises margin outlook
Revenue $5.4B, up 5.8% YoY (3.9% CC); GAAP EPS $1.39 (+3.7%), adj. EPS $1.40 (+13.8%).
Cognizant reassigns President Balu Ganesh Ayyar to APAC & Japan and Industry Solutions
Balu Ganesh Ayyar transitioned from President - Intuitive Operations & Automation and Industry Solutions.
Q4 revenue $5.3B (+4.9% YoY, +3.8% CC); FY revenue $21.1B (+7.0% YoY, +6.4% CC), exceeding full-year guidance.
Cognizant Q3 revenue $5.42B (+7.4% YoY); raises FY constant-currency growth guidance to 6.0-6.3%
Revenue $5.42B, up 7.4% YoY (6.5% CC), above guidance; strongest sequential organic growth since 2022.
Cognizant Q2 beat: revenue $5.25B (+8.1% YoY), record bookings $27.8B, guided 4-6% CC growth
Q2 revenue $5.245B, up 8.1% YoY (7.2% CC), above guidance high end; GAAP EPS $1.31 (+15%), adj EPS $1.31 (+12%).
Cognizant re-elects all 13 directors; shareholder special meeting proposal fails
All 13 director nominees elected with majority support; CEO Ravi Kumar S received 413.5M for, 230k against.
Cognizant appoints Alina Kerdman as CAO, replacing retiring Robert Telesmanic
Robert Telesmanic to retire as SVP, Controller & CAO effective July 1, 2025; will stay as special advisor through Dec 31, 2025.
Cognizant Q1 revenue $5.1B (+7.5% YoY), GAAP EPS $1.34; guides FY25 unchanged
Revenue $5.115B, up 7.5% YoY (8.2% CC), above high end of guidance range.
Board approved $2B increase to existing share repurchase authorization, leaving ~$3.1B remaining as of March 24.
Cognizant Q4 rev $5.1B (+6.8% YoY), FY adj EPS $4.75; 2025 growth 3.5-6.0%
Fourth quarter revenue $5.1B, up 6.8% YoY (6.7% CC), at high end of guidance.
Cognizant Q3 revenue $5.0B (+3% YoY) at guidance high end; 19 large deals YTD exceed full-year 2023
Revenue $5.04B (+3.0% YoY, +2.7% constant currency) at high end of guidance.
Cognizant assigns new director Silvent to Compensation and Human Capital Committee
Karima Silvent was appointed to the Board effective July 11, 2024.
Cognizant Q2 revenue beats guidance; full-year organic growth outlook raised
Revenue $4.9B, above high end of guidance; sequential CC growth 2.1%, strongest in two years.
Cognizant appoints Karima Silvent to board, effective July 11, 2024
Board size increased to 13; Silvent, AXA Group CHRO, appointed as independent director.
Cognizant pays $505,087 to CFO Jatin Dalal for settlement of Wipro lawsuit over non-compete
Compensation Committee approved payment of $505,087 to CFO Jatin Dalal for settlement of Wipro lawsuit and arbitration.
Cognizant to acquire Belcan for ~$1.29B, strengthening ER&D and entering aerospace & defense
Purchase price: $1.19B cash + 1.47M shares (~$97M); expected close Q3 2024.
Cognizant shareholders approve charter amendment, reelect all directors at June 4 AGM
Amended charter to limit officer liability under Delaware law; effective June 4, 2024.
Cognizant Q1 revenue $4.76B (down 1.1% YoY) beats high-end guidance; margin expands 50bps
GAAP diluted EPS $1.10; adjusted diluted EPS $1.12, up from $1.11 YoY.
Cognizant FY23 revenue down 0.4% to $19.4B; bookings up 9% to $26.3B; dividend raised 3%
FY23 revenue $19.4B (-0.4% YoY); Q4 revenue $4.758B (-1.7% YoY); within guided range.
Nella Domenici resigns from Cognizant board effective immediately
Resignation effective January 17, 2024, to pursue an outside opportunity.
Cognizant amends 8-K: Jatin Dalal CFO effective Dec 4, 2023; Jan Siegmund retires March 31, 2024
Jatin Dalal's CFO appointment effective December 4, 2023, as disclosed in this 8-K/A amendment.
Cognizant Q3 revenue $4.9B (+0.8% YoY); record bookings $26.9B; guidance narrowed
Revenue $4.9B, up 0.8% YoY (down 0.2% constant currency); GAAP EPS $1.04 vs $1.22; Adjusted EPS $1.16 vs $1.17.
Cognizant appoints Jatin Dalal as CFO; Jan Siegmund to retire early 2024
Jatin Dalal appointed CFO effective December 2023; succeeds Jan Siegmund retiring early 2024.
Cognizant Board sets annual say-on-pay vote after shareholders favor one-year frequency
Shareholders voted for one-year frequency on say-on-pay proposal at 2023 annual meeting.
Cognizant Q2 revenue flat, margins compress; CFO Siegmund to retire early 2024
Q2 revenue $4.9B, -0.4% YoY (-0.1% CC); GAAP diluted EPS $0.91 vs $1.11.
Cognizant corrects S-8 registration file number in prior 8-K
Amendment 1 to Form 8-K filed June 9, 2023; no changes other than correcting the File No. for the S-8 registration statement.
2023 Incentive Award Plan approved; authorizes up to ~24.775M new shares plus forfeited awards.
Cognizant appoints director Bram Schot to Finance and Strategy Committee
Bram Schot, appointed to Board effective April 3, 2023, now serves on Finance and Strategy Committee.
Cognizant Q1 revenue $4.8B flat YoY; record bookings $25.6B (+28%)
Revenue $4.8B, -0.3% reported, +1.5% constant currency YoY.
Cognizant appoints former Audi CEO Bram Schot to board of directors
Board expanded to 14 directors; Bram Schot appointed effective April 3, 2023.
Cognizant adopts severance policy capping cash payouts at 2.99x; board committee reshuffled
New Senior Executive Cash Severance Policy caps cash severance at 2.99x base salary plus target bonus without stockholder approval.
Cognizant appoints Nella Domenici to Board, effective Feb 21, 2023
Board size increased; Nella Domenici appointed independent director effective Feb 21, 2023, will stand for re-election at 2023 annual meeting.
Cognizant guides Q1 revenue down 1.5-2.5%; Q4 EPS $1.02 vs $1.10; $59M impairment
Q4 revenue $4.8B (+1.3% YoY); FY revenue $19.4B (+5% YoY); GAAP EPS Q4 $1.02, FY $4.41; adjusted $1.01 and $4.40.
Cognizant names ex-Infosys President Ravi Kumar S CEO; updates 2022 guidance
Ravi Kumar S appointed CEO and Board member effective Jan. 12, 2023, replacing Brian Humphries.
Cognizant Q3 revenue $4.9B, +2.4% YoY; trims FY22 guidance to 4.5% growth
Revenue $4.9B, up 2.4% YoY (5.6% constant currency), below expectations.
Cognizant appoints Ravi Kumar S as President Americas, Prasad Sankaran as Engineering head
Ravi Kumar S joins as President, Cognizant Americas effective Jan 16, 2023; previously President at Infosys.
Cognizant enters new $2.5B credit facilities, repays existing term loan
Entered $650M term loan and $1.85B revolver, maturing Oct 6, 2027.
Cognizant Q2 revenue $4.9B (+7% YoY), Adj EPS $1.14; FY22 rev guidance 6.3%-7.3%
Revenue $4.9B, up 7.0% YoY (9.5% CC); operating margin 15.5% (+30 bps).
Rajesh Nambiar ceases as EVP & President, Digital Business & Technology on July 6; remains EVP, Chairman & MD of Cognizant India with non-executive officer compensation.
Cognizant terminates EVP Americas Gregory Hyttenrauch for policy violation; interim leader named
Gregory Hyttenrauch terminated as EVP and President, Americas effective June 28, 2022 due to behavior inconsistent with company policy.
Cognizant shareholders re-elect all directors, reject shareholder proposal on meeting rights
All 11 director nominees re-elected with strong majority support; only one director received less than 92% 'For' votes.
Cognizant Q1 revenue $4.8B (+9.7% YoY); digital +20%; FY22 guidance 7.2-9.2% growth
Revenue $4.8B, +9.7% YoY (10.9% constant currency); digital revenue +20% YoY, now 50% of total revenue.
Cognizant appoints Stephen Rohleder to Board of Directors, effective March 2, 2022
Stephen Rohleder, 64, most recently Chairman, CEO and President of GTY Technology Holdings (GTYH), joins the board as an independent director.
Cognizant Q4 revenue $4.8B (+14.2% YoY); FY22 guidance 7.8%-10.8% growth
Q4 GAAP diluted EPS $1.10 (vs $0.59 YoY); adjusted diluted EPS $1.10.
Cognizant Q3 revenue $4.7B (+11.8% YoY), EPS $1.03; digital revenue up 18%
GAAP diluted EPS of $1.03 vs $0.64 YoY; adjusted EPS of $1.06 vs $0.97.
Cognizant agrees to $95M settlement in securities class action; insurers to cover most
Settlement of $95M to resolve consolidated securities class action for purchases between Feb 27, 2015 and Sep 29, 2016.
On May 23, 2025, Robert Telesmanic notified Cognizant Technology Solutions Corporation (the “Company”) of his plans to retire from his role as SVP, Controller and Chief Accounting Officer effective as of July 1, 2025.
On May 28, 2025, the Board of Directors approved the appointment of Alina Kerdman as SVP, Controller and Chief Accounting Officer effective as of July 1, 2025.
appointed Karima Silvent to the Board, effective immediately.
On January 17, 2024, Nella Domenici resigned from the Board of Directors (the "Board") of Cognizant Technology Solutions Corporation (the "Company"), effective immediately, to pursue an outside opportunity.
the transition period with Jan Siegmund (the Company's current Chief Financial Officer), and the corresponding date of Mr. Siegmund's retirement from the Company, will be March 31, 2024.
On September 28, 2023, the Company announced the appointment of Mr. Jatin Dalal as Chief Financial Officer. Such appointment, which was originally anticipated to be effective in December 2023, has now been determined to be effective as of December 4, 2023
Mr. Dalal will succeed Jan Siegmund, who, as the Company previously disclosed, informed the Company of his intent to retire in early 2024.
announced the appointment of Mr. Jatin Dalal as Chief Financial Officer.
On July 27, 2023, Jan Siegmund, Chief Financial Officer, informed the Company of his plans to retire in early 2024 to spend more time with family and friends and focus on philanthropy.
On March 31, 2023, the Board of Directors (the “Board”) of Cognizant Technology Solutions Corporation (the “Company”) increased the size of the Board to 14 directors and appointed Abraham (“Bram”) Schot to the Board, effective April 3, 2023.
It also announced that Maureen Breakiron-Evans, who joined the Board in 2009, had informed the Board that she will not stand for re-election at Cognizant's 2023 Annual Meeting of Shareholders.
The Company previously announced the appointment of Eric Branderiz to its Board of Directors effective February 21, 2023.
Max materiality 0.85 · Median 0.65 · Most common event earnings