Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? Things were already looking up for Proto Labs, and Holt is pushing the success even further: company sales are at $143 million, the five year sales growth is of 30%, and the five-year EPS growth is at 51%. Instead of competing with Indian firms for application support and maintenance work, Dobkin's company initially focused on software engineering and product development for technology firms. Now he employs 10,000 programmers in his native Belarus and elsewhere in eastern Europe, developing. Rahul Singh, a principal at outsourcing consulting firm Pace Harmon, who attended college in Ukraine and earned a degree there in computer science, says the Ukraine has a huge potential as a technical center. Arkadiy Dobkin. Previously, Arkadiy was a Member at Board International. Arkady Dobkin was born in 1960 in Minsk, Belarus. Arkadiy Dobkin, CEO of EPAM Systems, shares his views at the biggest SAP Business conference in CIS (SAP NOW Online 2020, April 23). Its five-year sales growth is of 14% - and has the potential for further development in years to come. Cirrus Logicaudio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. 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. Arkadiys from Belarus, and he has an intimate background of how things happen there, says a senior Epam staffer who asked not to be named. 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? With sales at $558 million, and a five-year EPS growth of 104%, it seems that Grand Canyon Education is in for the long run. Meanwhile, Chernikov is thousands of miles away from the fighting in Ukraine, and his parents who have spent several nights in a basement bomb shelter in Kharkiv. [28] It's a. Senior Editor, Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. (No news organization has reported that Zeltzer was American.) He has been instrumental in connecting the talent of . Fleetcoris a successful, leading independent global provider of specialised payment products. EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. Do you think any other commercial company in the United States will allow its infrastructure to be used for cyberattacks? asks Dobkin. (Maria Uspenskaya), Belarus President Alexander Lukashenko speaks during an awarding ceremony in Minsk, Belarus, on July 2, 2021. [7] In 2006, EPAM secured an equity investment from Siguler Guff to fund its competitive growth plans. 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. Founder, President and Chairman of the Board of Directors EPAM Systems, the largest developer of custom software in Central and Eastern Europe. Dobkin was one of them. Below, we've taken a look at the brains and the wealth behind these small powerhouses and burgeoning success stories. Patrick Thibodeau covers SaaS and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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. Company President since 2011 and CEO since 2012, Bryan A. Shinn is the man behind US Silica Holdings. I had to fire it. Several weeks ago, I was privileged to visit Kyiv and see the . "We are pretty sure that common sense will win in this case," said Dobkin. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Dobkin has relatives and friends throughout the region -- cousins living in the Ukraine and in Russia, and a friend who has one uncle serving in the Ukrainian army and another in the Russian army. Those Eastern European ties continue run deep. EPAM joined the S&P 500 in December 2021. US Silica also functions as a research and development specialist for products and solutions that use the same raw materials. 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. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Belarus has about 9,500 people who identify as Jews. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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. Holt has set a goal of reaching$1 billion in revenue. A fresh take on sports: the biggest news and most entertaining lists. The largest IT employment center in Ukraine is in Kiev with 10,000 full-time workers, says Everest. Presently, he is Chairman, President & Chief Executive Officer at this company. Headcount: 2,422 (2006), 3,316 (2007) New Customer: The Coca-Cola Company. Dobkin says he has now spoken with Chernikov, who has assembled an 800-strong group of Epam colleagues on Telegram. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. [25], In May 2021, EPAM Systems ranked 1,804 on the Forbes Global 2000 list. 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. People in this region share many cultural similarities, he said. Check Background Get Contact Info This Is Me - Edit Reputation & Background View All I'm the Forbes Europe News Editor and I cover technology. I couldnt write this letterI couldnt even think about this, says Chernikov. It also employs 5,100 people worldwide. In May 2021, EPAM ranked 1,804 on the Forbes Global 2000 list. [17] That year, the company launched EPAM Continuum, its service for business, experience and technology consulting. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. 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. . In 2021, he was recognized by GLOBSEC with the Tatra Summit Business Leadership Award for his impressive contribution to development of the tech business environment across the CEE region and beyond, and was named as one of the Philadelphia Business Journals Most Admired CEOs. Company sales stand at$238 million with a five-yearsales growth of 20%, and a five-year EPS growth of 19%. I have a very strong reason why. 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. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Beloved grandmother of Evgenia, Elena, Alex, Dasha, Katiy, Lucy, Danny . Sales currently stand at a rewarding $804 million. . click the link in that email to complete your registration. In addition, he makes $4,325,620 as Chairman of the Board, President oraz Chief Executive Officer at EPAM Systems Inc. Crypto. There are 5 older and 18 younger executives at EPAM Systems Inc. Copyright 2023 IDG Communications, Inc. He built the Newtown Square-based software outsourcing firm into a $1 billion-plus business with over 50,000 employees and an S&P 500 listing by hiring engineers and programmers in ex-Soviet nations. With 43,900 students enrolled in 2011, the company is ever growing. "We've seen tremendous disruption brought forth by the COVID-19 crisis," said Arkadiy Dobkin, CEO & President, EPAM Systems, Inc. "Our focus has been directed first and foremost on ensuring the safety and security of our people around the world, as well as the communities in which we all live and work. 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. [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. searches below. Arkadiy Dobkin - CEO and President Jason Peterson - CFO Conference Call Participants Bryan Bergin - Cowen Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Maggie Nolan - William Blair. See Arkadiy Dobkin's compensation, career history, education, & memberships. EPAM (NYSE: EPAM) on Friday announced its "full support of Ukraine," pledging an incremental $100 million humanitarian commitment to support employees and their families in Ukraine. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. people could easily go to jail just based on whatever hes posting publicly.. On average, Arkadiy trades about 25,790 units every 24 days since 2012. The estimated Net Worth of Arkadiy Dobkin is at least $746 Million dollars as of 13 December 2021. EPAM was named a Top 10 Travel, Hospitality & Logistics Service Provider in 2018 by HFS Research, In 2019 EPAM was awarded the BIG Innovation Awards for the development of the TelescopeAI. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Copyright 2014 IDG Communications, Inc. 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. CEO since 2012, Abdi is President and CEO of the company during a crucial phase of expansion. Set up by a small group of entrepreneurs in Kansas 20 years ago, the company has expanded well beyond its creators' expectations. The oldest executive at EPAM Systems Inc is RonaldVargo, 66, who is the Non-Executive Lead Independent Director. Arkadiy Dobkin Age : 61 Public asset : 559,733,523 USD Country of residence : Unknown Linked companies : EPAM Systems, Inc. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. [3], In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche. [4], In 2012, EPAM was listed on New York Stock Exchange under the moniker EPAM, becoming the first company from Belarus on NYSE. With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company. Dobkin, the CEO, wrote in a post on LinkedIn on Sunday that the company was "doing absolutely everything we can to save, help and support logistically and financially Ukrainian Epamers and their. Musk Made a Mess at Twitter. 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. 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.". Apple, Boeing and Airbus have suspended work in Russia as part of a growing corporate backlash against the invasion that has already claimed the lives of 227 civilians and forced more than 600,000 people to flee their homes. Wall Street is Looking Bullish on . . 2023 The Times of Israel , All Rights Reserved, Andrei Zeltzer stands with a hunting rifle behind the door of his home in Minsk, Belarus on Sept. 29, 2021. 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. 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. entrepreneur 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. Devoted mother of Semen, Sofia and Arkadiy Dobkin. 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. 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. Fixing corporate Americas thorny software problems with tech talent from across the former Soviet Union helped Epam to grow to $3.7 billion in sales last year. It was initially selected 120 prominent figures in Belarusian business, which was composed of the short list with 67 names. So I have responsibility for 14,000 people in Ukraine, but I also have responsibility for 18,000 people in Belarus and Russia. The industry is growing at 10% to 15% a year in the country, added Salil Dani, a practice director at Everest. Just two years after immigrating to the United States from Belarus, Arkadiy Dobkin launched EPAM Systems in his basement. Arkadiy Dobkin is major Belarusian businessmen. But the stock has lost half its value since December on fears the Russian . The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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 - As of 13 December 2021 he still owns at least 1,251,808 units of EPAM Systems Inc stock. 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? EPAM's global teams serve customers in more than 35 countries across North America, Europe, Asia and Australia. Currently, NIC employs more than 725 people in the country. However, earnings per share fell 31% from April until June of this year, and sales fell 14%. Additionally, in 2022, EPAM was named a Barrons 100 Most Sustainable Company. src="" alt="" class="gallery-slider__content__img" height="". The oldest executive at EPAM Systems Inc is Ronald Vargo, 66, who is the Non-Executive Lead Independent Director. New Investor: Siguler Guff & Company. Registering also lets you comment on articles and helps us improve your experience. Maria is a French-British English literature graduate. Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. they appreciate the relative religious freedom and personal safety, Already a member? Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. It takes just a few seconds. Inc., a leading digital transformation services and product engineering company. (Vladimir Martsul/BelTA Pool Photo via AP). src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28687&cache=false"
6 Arkadiy Dobkin - EPAM Systems. Unlike other news outlets, we havent put up a paywall. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Read More . Prabook is a registered trademark of World Biographical Encyclopedia, Inc. src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28681&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28682&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28683&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28684&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28685&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28687&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", src="/web/img/loading.gif" data-src="/web/show-photo.jpg?id=28688&cache=false" alt="Other photo of Arkadiy Dobkin" class="gallery__img" height="167", data-src="/web/show-photo.jpg?id=28681&cache=false"
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You may opt-out by. audio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. If I were there, I couldnt do anything. Explore our enterprise software products, open source solutions and accelerators on EPAM SolutionsHub. [29] Also, the company launched the EPAM Ukraine Assistance Fund to help Ukrainians and made a US$100 million humanitarian aid commitment. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. Once logged in, you can add biography in the database, engineer [26], In 2022, EPAM announced several strategic acquisitions and investments, including a majority stake in U.S. software firm Contino and a minority stake in U.K. AI-driven data analytics firm Noodle.io. Arkadiy Dobkin, EPAM Systems founder and CEO, was born in Belarus. Belarusian security forces shot dead Andrei Zeltzer, a 31-year-old programmer who opposed the Lukashenko regime, during a raid at his home in Minsk Tuesday. The Connecticutbased firearm manufacturing company is the fourth largest in the United States. Mr. Dobkin owns over 4,959 units of EPAM Systems Inc stock worth over $459,375,982 and over the last 11 years he sold EPAM stock worth over $282,570,144. articles a month for anyone to read, even non-subscribers! The war has also left the company with about 32,000 employees divided by the new front line between Ukraine, Russia and Belarus.