NJ TECH CORNER: Cognizant Technology Solutions Corp.
Cognizant CEO Francisco D’Souza | Courtesy Cognizant
Company Overview
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) is a provider of information technology, consulting and business services. The company’s core competencies include: business, process, operations, IT consulting, application development, systems integration, enterprise information management, application testing and maintenance, IT infrastructure services, and business process services. The company’s key business segments are financial services, healthcare, manufacturing, retail, logistics, communications, information, media and entertainment, and high technology. Some of the company’s major competitors include Accenture, Capgemini, Computer Science Corp., Genpact, HCL Technologies, HP Enterprise, IBM Global Services, Infosys Technologies, Tata Consulting Services, and Wipro. Founded in 1994, Cognizant is headquartered in Teaneck, NJ. The company had approximately 244,300 employees worldwide, as of June 30, 2016.
Investment & Financial Information
|
Shares of common stock outstanding (as of July 29, 2016): |
606,942,840 |
|
Share price of stock (as of Sept. 16, 2016) |
$53.32 |
|
Share price of stock (one year ago) |
$63.62 |
|
Current valuation (as of Sept. 16, 2016) |
$32.26 billion |
|
Valuation one year ago |
$38.77 billion |
|
Stock Symbol: |
NASDAQ: CTSH |
|
Net Revenues (year ended Dec. 31, 2015): |
$12.4 billion |
|
Net Revenues previous year |
$10.3 billion |
|
Net Income ( Year ended Dec. 31, 2015) |
$1.6 billion |
|
Net Income previous year: |
$1.4 billion |
Management Team
|
Name |
Age |
Title |
|
Francisco D’Souza |
47 |
CEO |
|
Gordon Coburn |
52 |
President |
|
Karen McLoughlin |
51 |
Chief Financial Officer |
|
Ramakrishnan Chandrasekaran |
58 |
Executive Vice Chairman, Cognizant India |
|
Rajeev Mehta |
49 |
CEO, IT Services |
|
Malcom Frank |
49 |
Executive Vice President, Strategy and Marketing |
|
Steven Schwartz |
48 |
Executive Vice President, Chief Legal and Corporate Affairs Officer |
|
Sridhar Thiruvengadam |
52 |
Chief Operating Officer |
|
Ramakrishna Prasad Chintamaneni |
46 |
Executive Vice President, Banking and Financial Services |
|
Venkat Krishnaswamy |
62 |
Executive Vice President, Healthcare and Life Sciences |
|
Debashis Chatterjee |
50 |
Executive Vice President, Technology Solutions |
|
Dharmendra Kumar |
53 |
Executive Vice President, Client Services |
|
Sumithra Gomatam |
48 |
Executive Vice President, Industry Solutions |
Board of Directors
|
Name |
Age |
Title |
|
Zein Abdalla |
57 |
Retired president, Pepsico Inc |
|
Maureen Breakiron-Evans |
61 |
Former CEO, Towers Perrin |
|
Jonathan Chadwick |
50 |
Former Executive Vice President,CFO, COO, VMware Inc. |
|
Francisco D’Souza |
47 |
CEO, Cognizant |
|
John N. Fox Jr. |
73 |
Former Vice Chairman, Deloitte Touche LLP; Global; Director, Strategic Clients, Deloitte Consulting |
|
John E. Klein |
74 |
Chairman, Cognizant; CEO, Polarex Inc. |
|
Leo S. Mackay Jr. |
54 |
Vice President, Ethics and Sustainability, Lockheed Martin Corp. |
|
Lakshmi Narayanan |
63 |
Vice Chairman and former President and CEO, Cognizant |
|
Michael Patsalos-Fox |
63 |
CEO, Stroz Friedberg and former Chairman, the Americas, and Senior Partner, McKinsey & Co. |
|
Robert E. Weissman |
75 |
Chairman, Shelburne Investments; retired Chairman and CEO, The Dun & Bradstreet Corp. |
|
Thomas M. Wendel |
79 |
Retired Chairman, President and CEO, Bridge Information Systems Inc. |
Noteworthy Control
|
Name |
Shares of common stock owned |
% of total common shares |
|
The Vanguard Group, Malvern, Pa. |
35,987,955 |
5.9% |
|
BlackRock Inc. |
35,437,281 |
5.8% |
|
FMR LLC |
33,262,791 |
5.5% |
[All information for NJ Tech Corner was taken from the company’s annual report and proxy statement, with the exception of the company’s stock price and valuation.]
