Company Overview

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a professional services company  providing information technology, consulting and business process outsourcing services. The company has four practice areas including Cognizant Digital Business, Cognizant Digital Operations, Cognizant Systems and Technology, and Cognizant Consulting. The company serves the following industries: banking, financial services and insurance, healthcare and life sciences, communications, media, technology, manufacturing and logistics, retail and consumer goods. Founded in 1994, the Teaneck-based company has 274,000 employees, as of Sept. 30, 2018. Cognizant recently announced Vodaphone Business CEO Brian Humphries will replace CEO Francisco D’Souzo, effective April 1, 2019. Mr. Humphries will also join the company’s board of directors. Cognizant also announced that Rajeev Mehta will relinquish his position as president on April 1.

Investment & Financial Information

Shares of common stock outstanding as of June 5, 2018): 585,898,388
Share price of stock (Feb. 25, 2019)   $72.25
Share price of stock (Feb. 26, 2018)   $82.97
Current valuation   $42.33 billion
Valuation one year ago   $48.86 billion
Stock Symbol: CTSH
Revenues (12 months ended Dec. 31, 2018)   $16.12 billion
Revenues (12 months ended Dec. 31, 2017) $14.81 billion
Net Income(12 months ended Dec. 21, 2018)   $2.10 billion
Net Income(12 months ended Dec. 31, 2017)     $1.50 billion

Management Team

Name Age Title
  Francisco D’Souza*   50   Chief Executive Officer
  Rajeev Mehta*   52   President
Karen McLoughlin   54   Chief Financial Officer
  Ramakrishnan Chandrasekaran   61   Executive Vice Chairman, Cognizant India
  Debashis Chatterjee   53   Executive Vice President  and President, Global Delivery ,
  Ramakrishna Prasad Chintamaneni   49   Executive Vice President and President, Global Industries and Consulting
  Malcom Frank   52   Executive Vice President, Strategy and Marketing
  Matthew W. Friedrich   52   Executive Vice President, General Counsel, Chief Corporate Affairs Officer, Secretary
  Sumithra Gomatam   51   Executive Vice President and President, Digital Operations
  Gajakarnan Vibushanan Kandiah   51   Executive Vice President and President, Digital Business
  Venkat Krishnaswamy   65   Executive Vice President and President, Healthcare and Life Sciences
  James Lennox   54   Executive Vice President, Chief People Officer
  Sean Middleton   37   Senior Vice President and President, Cognizant Accelerator
  Allen Shaheen 56 Executive Vice President, North American Regional Delivery Centers
  Dharmendra Kumar Sinha   56   Executive Vice President and President, Global Client Services
  Robert Telesmanic   52   Senior Vice President, Controller, Chief Accounting Officer
  Santosh Thomas   50   Executive Vice President and President, Global Growth Markets
  Srinivasan Veeraraghavachary   59   Executive Vice President, Chief Operating Officer


* Mr. D’Souza and Mr. Mehta will step down as CEO and President, respectively, effective April 1, 2019

Board of Directors

Name Age Title
  Zein Abdalla   60   Former  President, PepsiCo
  Maureen Breakiron Evans   64   Former CFO, Towers Perrin
  Jonathan Chadwick   53   Former CEO and COO, VMware
  John M. Dineen   55   Former President and CEO, GE Healthcare
  Francisco D’ Souza*   50   CEO
  John N. Fox. Jr.   76   Former Vice Chairman, Deloitte & Touche; Former Global Director , Strategic Clients of Deloitte Consulting
  John E. Klein   77   President and CEO, Polarex
  Leo S. Mackay Jr.   57   Senior Vice President, Internal Audit, Ethics and Sustainability, Lockheed Martin Corp.    
  Michael Patsalos-Fox   65   Chairman; Former CEO, Stroz Friedberg; Former Chairman of the Americas and Senior Partner, McKinsey & Company
  Joseph M. Velli   60   Former Senior Vice President, The Bank of New York

*Mr. D’ Souza will step down as Executive Vice Chairman in June 2019.  He will remain as Vice Chairman.

Noteworthy Control (as of June 5, 2018)

Name Shares of common stock owned % of total common shares
      The Vanguard Group       42,032,743       7.1%
      BlackRock Inc.       36,121.482       6.1%

[All information for NJ Tech Corner was taken from the company’s SEC filings and other company sources, with the exception of the company’s valuation.]

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