All Rights Reserved. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. Sales amount to $225 million. Tension over the conflict in Ukraine -- and the role U.S. companies should play in opposing Russias invasion -- is playing out within Epam Systems Inc., a Pennsylvania-based company with a large work force in Ukraine. Arkadiy Dobkin is 59, he's been the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc since 2002. Do you think any other commercial company in the United States will allow its infrastructure to be used for cyberattacks? asks Dobkin. FleetCor serves more than 500,000 commercial accounts all around the world. consultant. Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing. In 1993, a few years after immigrating to the U.S., Arkadiy Dobkin, an electrical engineer trained in Minsk, Belarus, started a company that aimed to tap the IT engineering talent developed in the former Soviet Union. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28688&cache=false" Arkadiy Dobkin - CEO & Co-founder @ EPAM Systems - Crunchbase Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28683&cache=false" Zeltzers employment by a US company has drawn additional attention to the incident, the latest in what appears to be an accelerating crackdown by Lukashenko on his critics. Maxsym Chernikov hit Send. The email demanding that his employer, EPAM Systems, an S&P 500 outsourcing company with a large workforce in Ukraine, denounce Russian President Vladimir Putins invasion of Ukraine landed in over 58,000 inboxes. US Silica also functions as a research and development specialist for products and solutions that use the same raw materials. Arkadiy Dobkin - CEO & Principal Founder - EPAM Systems | LinkedIn Arkadiy Dobkin CEO and Co- Founder, EPAM Systems Newtown Grant, Pennsylvania, United States 8K followers 500+ connections Join. In April 2021, EPAM acquired PolSource,[24] a Salesforce Consulting Partner with more than 350 Salesforce specialists across the Americas and Europe. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. EPAM Celebrates 10-Year Anniversary of IPO on February 8 by - Insider [28] According to Forbes, Dobkin defended his statement, which didn't mention Putin, Russia or his native Belarus, saying the company could not use its infrastructure for cyberattacks and had to protect EPAM employees in Russia and Belarus from political reprisals that are common in those countries. Culture, art and travel are crucial to her lifestyle and central to her writing. Fleetcoris a successful, leading independent global provider of specialised payment products. Questcor Pharmaceuticalsis a biopharmaceutical company that focuses on developing treatment for patients with serious autoimmune and inflammatory disorders that are difficult to treat. Arkadiy Dobkin, CEO of EPAM Systems, shares his views at the biggest SAP Business conference in CIS (SAP NOW Online 2020, April 23). What is Arkadiy Dobkin's net worth? Its influence, however . There are 5 older and 18 younger executives at EPAM Systems Inc. If he had sent this to me, I would have told him that this was impossible and was putting our employees around the world in danger., In the wake of Chernikovs email, Epam warned staff that supporting distributed denial of service or other hacks on Russian websites were illegal, and shut down attempts to use company accounts to lobby support for Ukraine from clients. Wall Street is Looking Bullish on . Founded in 1981 by Dr. Suhas Patil, today Jason P Rhode leads the company. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. PDF Arkadiy Dobkin - epam.com With 43,900 students enrolled in 2011, the company is ever growing. You always hear about the big American companies that dominate the global industry - but you hear far less about the small ones (if anything at all), even when it comes to the ones on the rise. Additionally, Arkadiy Dobkin has had 4 past jobs including Senior VP, Development / Consultant at Firepond. But shares of the Newtown, Pennsylvania-based company dropped more than 45% after the Russian invasion of Ukraine. Use up and down arrows to review and enter to select. . In 2004, along with the CEOs of Wipro Technologies and Consultants to Government and Industry Group, Mr. Dobkin was spotlighted as a key industry influencer in the Foreign Relations category of CRNs Top 25 Executives issue. Mr. Dobkin owns over 4,959 units of EPAM Systems Inc stock worth over $445,956,600 and over the last 11 years he sold EPAM stock worth over $282,570,144. I have senior people in Belarus and I know if I risk this, they can be arrested, says Dobkin. EPAM Systems' (EPAM) CEO Arkadiy Dobkin on Q2 2020 Results - SeekingAlpha Arkadiy Dobkin Net Worth (2023) | wallmine EPAM was named as one of Fortunes 100 Fastest-Growing Companies in 2019. EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. Chernikov went further in his letter, demanding that Epam not only sever ties with Russian and Belarusian clients, but also close operations in those countries, where the company has 18,000 employees, and throw Epams resources into supporting the Ukrainian governments volunteer hacker brigades. With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company. Arkadiy Dobkin Speaks at SAP NOW Online 2020 - YouTube Reports have suggested that war in Ukraine had fueled tensions between Ukrainian, Belarusian and Russian staff within the company but several Epam workers who spoke with Forbes say that they had received risky publicand privatemessages of support from colleagues across the front lines. In addition, he makes $4,325,620 as Chairman of the Board, President, and Chief Executive Officer at EPAM Systems Inc. Arkadiy has made over 124 trades of the EPAM Systems Inc stock since 2012, according to the Form 4 filled with the SEC. Could the government cancel elections? Prior to founding EPAM in 1993, Mr. Dobkin held technical and product leadership positions at SAP, Prudential Insurance and Colgate-Palmolive and was inducted into the Ernst & Young World Entrepreneur of the Year Academy and to the elite Entrepreneur of the Year Hall of Fame. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28682&cache=false" Read More . The Ukrainian software engineers message from February 25 struck a chord with some of his colleagues, who criticized his suspension, and Epam CEO Arkadiy Dobkin, who called for fighting to endbut stopped short of mentioning Russia, in threads spilling over LinkedIn and Ukrainian tech forums. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. Multiple people have died in clashes with security forces in Belarus following a wave of street protests connected to the 2020 presidential election in which Lukashenko, who has ruled Belarus since 1994, claimed victory. The Forbes list ranks the companies according to return on equity, sales growth and earnings growth over the past year, as well as the past five years. With a population of more than 45 million, Ukraine schools award about 16,700 college degrees in technical disciplines, including engineering and computer sciences, according to Dani. audio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. You always hear about the big American companies that dominate the global industry - but you hear far less about the small ones (if anything at all), even when it comes to the ones on the rise. Sales are at $487 million and the company's five-year EPS growth is at 61%. This situation is war, not business, says Chernikov, who had been working remotely for Epam outside Ukraine. Zeltzer's employment by a US. Sales currently stand at a rewarding $804 million. Arkadiy Dobkin Net Worth (2023) | wallmine Arkadiy Dobkin (born 1960), American engineer, entrepreneur, consultant Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. [28] It also employs 5,100 people worldwide. EPAM Systems - Wikipedia Mr. Dobkin is known as a pioneer in the software product engineering and IT services industry and has been an instrumental force in opening the vast software talent pool of the Central and Eastern European regions to the international business community. Founder, President and Chairman of the Board of Directors EPAM Systems, the largest developer of custom software in Central and Eastern Europe. people could easily go to jail just based on whatever hes posting publicly.. The largest trade he's ever made was selling 370,846 units of EPAM Systems Inc stock on 7 February 2012 worth over $4,450,152. [17] That year, the company launched EPAM Continuum, its service for business, experience and technology consulting. Yes it could. The most recent stock trade was executed by Jason D. Peterson on 11 November 2022, trading 1,000 units of EPAM stock currently worth $169,130. Unlike other news outlets, we havent put up a paywall. You can see the complete history of Mr. Dobkin stock trades at the bottom of the page. Also that year, EPAM launched InfoNgen, a text analytics and sentiment analysis enterprise software product that uses artificial intelligence. With sales at $629 million, and a five year annual sales growth at 51%, Bailey's company tops our list. . [8], In 2006, EPAM acquired VDI, a software development services company with delivery centers in Russia, which expanded the companys presence in the CIS region. Patrick Thibodeau covers SaaS and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. The opportunities ahead of you are usually much larger than you initially anticipated, but the level of effort you have to put in to realize those is always much bigger than originally expected. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. See Arkadiy Dobkin's compensation, career history, education, & memberships. A fresh take on sports: the biggest news and most entertaining lists. This was a kind of blackmail with specific demandsincluding supporting the [Ukrainian] military with cyberattacks, says Dobkin, adding that Chernikov has been suspended. "What is. Through EPAM, Mr. Dobkin has been instrumental in making the vast talent pool of the former Soviet Union and Central and Eastern Europe available to the global business community.He actively promotes Belarussian region across the US and Western Europe by presenting at noted international industry and technology events, such as Gartner Outsourcing Summits, Forresters GigaWorld IT Forum Europe, Russian Outsourcing & Software Summits, SAP TechEd, and others. they appreciate the relative religious freedom and personal safety, Already a member? There are 5 older and 18 younger executives at EPAM Systems Inc. src="" alt="" class="gallery-slider__content__img" height="". "There just isn't enough jobs out there for the people they are graduating," said Singh. . Thanks Arkadiy Dobkin, Larry Solomon Happy to share that starting today, I'm part of the EPAM Systems family as Vice President of Latin America. Under his leadership, EPAM has grown from a New Jersey-based start-up with Eastern European roots to become the foremost global digital transformation services provider leading the industry in digital and physical product development and digital platform engineering services. Epam shares rose 16% higher on March 2, but are still down nearly 62% since the start of the year. CEO since 2012, Abdi is President and CEO of the company during a crucial phase of expansion. On average, EPAM Systems Inc executives and independent directors trade stock every 9 days with the average trade being worth of $34,017,520. However, earnings per share fell 31% from April until June of this year, and sales fell 14%. So which brands and enterprises have proven themselves? Arkadiy Dobkin is major Belarusian businessmen. Hes facing an impossible position because of the laws in Belarus and Russia . Which industry is producing the greatest number of modern day success stories? In 2015, Mr. Dobkin was inducted into the Ernst & Young World Entrepreneur of the Year Academy and to the elite Entrepreneur of the Year Hall of Fame. EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. On average, Arkadiy trades about 25,790 units every 24 days since 2012. Through its 'Engineering DNA' and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. Belarusian business man Arkadiy Dobkin has helped to develop EPAM Systems into one of the world's leading software development outsourcing services companies. [29] Also, the company launched the EPAM Ukraine Assistance Fund to help Ukrainians and made a US$100 million humanitarian aid commitment. Behrooz Abdi is taking the world of motion processing technologies by storm with InvenSense, a company whose five-year sales growth is of an impressive 86%, and whose five-year EPS rate is of an even more astounding 205%. EPAM joined the S&P 500 in December 2021. New Investor: Siguler Guff & Company. In May 2021, EPAM acquired Just-BI,[22] a Netherlands-based consultancy specializing in SAP/S4HANA and enterprise data and analytics program management. 2023 EPAM Systems, Inc. They were sent a questionnaire, the results of which were selected 12 contestants. click the link in that email to complete your registration. Paul Schmidt, a partner at ISG, a sourcing consultancy, said Eastern Europe has "has for some time been one 'alternative' to India, or, more precisely, a location that's selected in addition to India to 'de-risk' the offshore portfolio.". Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. The Ukrainian software engineer's message from February 25 struck a chord with some of his colleagues, who criticized his suspension, and Epam CEO Arkadiy Dobkin, who called for fighting to end . This list is based on the Forbes ranking of the best performing small American public companies - 'small' is still pretty huge, of course, as it's defined as sales under $1 billion. Cirrus Logicaudio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Last updated: 15 September 2022 at 4:33pm EST. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Founded in 2003, InvenSense came at just the right time of technological explosion: itsMotion Tracking sensor system on a chip is fast becoming essential toelectronic devices, providing an intuitive way for consumers to interact with their electronic devices by tracking their motions in free space and delivering them as input commands. As part of its SolutionsHub launch, EPAM also released the Open Source Contributor Index (OSCI), a tool that ranks the top open-source contributors by a commercial organization. This decline has resulted from a slowdown in arm sales, follows a peak in arm stakes in 2012 when enthusiasts began stockpiling weapons after a series of disastrous civilian gun-related incidents took place and they feared broad federal curbs on arms sales. CEO Arkadiy Dobkin credited the solution provider's emerging digital technology practice with propelling EPAM to its 17th quarter of growth out of the last 18. Its completely outside the lawwe will be killed; we will be destroyed., Dobkin also defended his initial statement on the war, which mentioned neither President Putin, Russia nor his native Belarus. For example, she has decided to moveaway from grassroots marketing to engineers in the product-development field as well as introduce Web-first customer interaction. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28687&cache=false" Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Transcript : EPAM Systems, Inc., Q4 2022 Earnings Call, Feb 16, 2023, Transcript : EPAM Systems, Inc., Q3 2022 Earnings Call, Nov 03, 2022, Transcript : EPAM Systems, Inc., Q2 2022 Earnings Call, Aug 04, 2022, Transcript : EPAM Systems, Inc. - Analyst/Investor Day, Transcript : EPAM Systems, Inc., Q1 2022 Earnings Call, May 05, 2022, Transcript : EPAM Systems, Inc., Q4 2021 Earnings Call, Feb 17, 2022, Chairman, President & Chief Executive Officer. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false" If so, please join The Times of Israel Community. Arkadiy Dobkin, EPAM Systems founder and CEO, was born in Belarus. What happens to the notes placed in the Kotel? Member and former chairman of the Board of the "Infopark" Association. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? So be persistent, patient, and do not stop in the middle of the road.. Click the link in that email to complete registration so you can comment. The largest IT employment center in Ukraine is in Kiev with 10,000 full-time workers, says Everest. Just two years after immigrating to the United States from Belarus, Arkadiy Dobkin launched EPAM Systems in his basement. Everest, an outsourcing research and consulting organization, puts the number of people employed full-time in Ukraine's IT industry at more than 25,000. Today, EPAM is a Forbes Global 2000 company and a part of the S&P 500 Index. Arkadiy Dobkin Title Chairman of the Board, CEO & President Connect Download Bio Download Photo Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. Tensions over the war in Ukraine within American software engineering company EPAM Systems, which has a large workforce split over the front line, have spilled into the public. 6 Arkadiy Dobkin - EPAM Systems. [5][6], In 2004, EPAM acquired Fathom Technology, a software development services company based in Budapest, Hungary, expanding its offshore services beyond North America. ", Belarusian National Technical University in Minsk, Consultant and Senior Technical Specialist, Chairman, Chief Executive Officer and President. The Imagination Sessions by Vijayalakshmi ft. Arkadiy Dobkin | EPAM Mr. Dobkin is also on the board of EPAM Systems Ltd. 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This was a cosmopolitan, enjoying state benefits to fatten himself up and live in two countries, to make money here and spend it there, Ryhor Azaronaksaid about Zeltzer, who he said was a US citizen. Defining how a no-holds-barred Russia-Ukraine cyberwar would play out, 5 reasons why your IT job search is getting harder, Sponsored item title goes here as designed. Taking into account various assets, Arkadiy's net worth is greater than $499,999; and makes between $200 - 249,999 a year. This net worth estimate does not reflect any other assets that Mr. Dobkin may own. When Arkadiy Dobkin emigrated to the U.S. two decades ago, his first job was washing dishes. Ukraine War Divides Employees At American Tech Company That - Forbes [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. The company paid Ukrainian staff a $1,000 emergency grant and supported Ukrainian relief efforts, including the installation of the Starlink satellite systems in Ukraine. The business has since expanded its scope to include engineering work for a number of vertical industries, including financial services and media. Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. Inc., a leading digital transformation services and product engineering company. She discusses what the experience may tell us about Jewish obligation, history and dignity. Follow Patrick on Twitter at @DCgov, or subscribe to Patrick's RSS feed . (Vladimir Martsul/BelTA Pool Photo via AP). . Evolution & Transformation Since 1993 | EPAM History Check Background Get Contact Info This Is Me - Edit Reputation & Background View All Arkadiy Dobkin | Board Member | EPAM Systems The 60 year old has upheld and developed the company's devotion to educate - indeed,Grand Canyon Education provides post-secondary education through graduate and undergraduate degree programs in education, healthcare, business and liberal arts either online or in Phoenix, Arizona. Back Submit. Vicki Holt, the only woman on our list, has brought about great change for Proto Labs since she was appointed CEO earlier this year. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. Dozens of current and former Epam employees sharply criticized a LinkedIn post from the companys chief executive officer, Arkadiy Dobkin, that vowed support for Ukraine but didnt mention or condemn Russias actions. Will His AI Plans Be Any Different? EPAM acquired Israel-based cybersecurity services provider White-Hat Ltd. in May 2021.[23]. EPAM Systems Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker.
