New Investor: Siguler Guff & Company. I have senior people in Belarus and I know if I risk this, they can be arrested, says Dobkin. . 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Arkadiy Dobkin's Post Arkadiy Dobkin CEO and Co- Founder, EPAM Systems 3h Edited Report this post Report Report. ", Belarusian National Technical University in Minsk, Consultant and Senior Technical Specialist, Chairman, Chief Executive Officer and President. Sales amount to $225 million. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28683&cache=false" In addition, he makes $4,325,620 as Chairman of the Board, President oraz Chief Executive Officer at EPAM Systems Inc. This net worth estimate does not reflect any other assets that Mr. Dobkin may own. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false" 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. Yes it could. At any other company he would have been fired immediately, says Dobkin, who had last week announced plans to step up hiring in India and Latin America to reduce Epams reliance on Ukraine, Russia and Belarus. 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? Those Eastern European ties continue run deep. 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. The estimated net worth of Arkadiy Dobkin is at least $416.78 million as of May 24th, 2021. Epam has contingency plans to keep the work moving should problems escalate in Ukraine, but so far the uprising there hasn't impacted operations there. Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. In 2021 . audio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. EPAM Systems CEO & Co-founder Dec 1993 Related Hubs Education Arkadiy Dobkin studied at National Technological University. Mr. Dobkin previously occupied the position of Principal at Colgate-Palmolive Co., Principal at Sapporo Clinical Laboratory, Inc., Principal at Sap Labs Los Angeles and Principal at Minsk Radio-tech University. 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. 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. [29] Also, the company launched the EPAM Ukraine Assistance Fund to help Ukrainians and made a US$100 million humanitarian aid commitment. Questcor focuses on neurology, nephrology and rheumatology, which are medical areas whose needs remain somewhat neglected. In May 2021, EPAM acquired Just-BI,[22] a Netherlands-based consultancy specializing in SAP/S4HANA and enterprise data and analytics program management. I'm the Forbes Europe News Editor and I cover technology. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Cirrus Logicis afabless semiconductor supplierspecializing in analog, mixed-signal, and audioDSPintegrated circuits. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. Arkadiy Dobkin - CEO and President Jason Peterson - CFO Conference Call Participants Bryan Bergin - Cowen Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Maggie Nolan - William Blair. Harry Herington has been NIC company president since 2006, and CEO since 2008. Mike Fifer has been the Chief Executive Officer of Sturm, Ruger & Co since September of 2006. In 2019, KMWorld Magazine named EPAM in the list of 100 significant companies in the field of knowledge management. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28682&cache=false" Arkady Dobkin was born in 1960 in Minsk, Belarus. Beloved wife of the late Mikhail Dobkin. Zeltzer worked for the US-based information technology firm Epam, whose founder and CEO, Arkadiy Dobkin, is a Jew from Belarus who now lives in the United States. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. But others saythey appreciate the relative religious freedom and personal safetythat have characterized the Lukashenko regime. Its five-year sales growth is of 14% - and has the potential for further development in years to come. I had to fire it. As of 13 December 2021 he still owns at least 1,251,808 units of EPAM Systems Inc stock. Founded in 1981 by Dr. Suhas Patil, today Jason P Rhode leads the company. 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. [18], In August 2021, EPAM expanded its presence in Latin America through the acquisition of Colombia-based S4N,[19] a software development services firm specializing in the design and development of modern software products and enterprise platforms.[20]. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. When Arkadiy Dobkin emigrated to the U.S. two decades ago, his first job was washing dishes. Arkadiy Dobkin is major Belarusian businessmen. Our partnership with UNICEF has been an . So which brands and enterprises have proven themselves? Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Holt has been prioritising customer feedback and is determined to engage with customers on a new level. Don Bailey has been the Chief Executive Officer and President of Questcor Pharmaceutical since November 2007. 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. 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%. Member and former chairman of the Board of the "Infopark" Association. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. There are 5 older and 18 younger executives at EPAM Systems Inc. Thanks Arkadiy Dobkin, Larry Solomon Mariia Teslyak. 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. [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. 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. [12], EPAM made two acquisitions in 2018 to expand its service offerings: Continuum (now EPAM Continuum) [13] and TH_NK[14] to add consulting capabilities and develop its digital and service design practices. 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. In 1987 he created a cooperative on software development.In 1993 he founded the outsourcing company EPAM Systems with headquarters in New Jersey.In 2006, Consulting Magazine named him as one of the Top 25 Most Influential Consultants.In 2013 Forbs recognized EPAM on its Fast Tech 25 list as sixth fastest growing technology company in North America. For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members. Previously, Arkadiy was a Member at Board International. This page was last edited on 1 March 2023, at 07:19. [5][6], In 2004, EPAM acquired Fathom Technology, a software development services company based in Budapest, Hungary, expanding its offshore services beyond North America. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. Musk Made a Mess at Twitter. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. Several weeks ago, I was privileged to visit Kyiv and see the . (Maria Uspenskaya), Belarus President Alexander Lukashenko speaks during an awarding ceremony in Minsk, Belarus, on July 2, 2021. Use up and down arrows to review and enter to select. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? He holds an MS in Electrical Engineering from the Belarusian National Technical University. Arkadiy Dobkin, EPAM Systems founder and CEO, was born in Belarus. It also employs 5,100 people worldwide. 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. 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. Sales currently stand at a rewarding $804 million. . The public spat between Epam and some of its employees comes as the company continues efforts to evacuate its staff from areas near the fighting to the relative safety of western Ukraine. Currently, NIC employs more than 725 people in the country. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chairman/President/CEO/Founder, Epam Systems Inc. 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. 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. His email address is pthibodeau@computerworld.com. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. 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. 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. [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. 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. [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. He has been instrumental in connecting the talent of . Arkadiy Dobkin - President and Chief Executive Officer Jason Peterson - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Jason Kupferberg - Bank of America Bryan. Will His AI Plans Be Any Different? Presently, he is Chairman, President & Chief Executive Officer at this company. To commemorate the milestone, Arkadiy Dobkin, EPAM's Chairman of the Board, CEO & President, joined by members of EPAM's management team, board of directors, and invited guests will preside over . 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. So I have responsibility for 14,000 people in Ukraine, but I also have responsibility for 18,000 people in Belarus and Russia. 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. As the Chairman of the Board, President, and Chief Executive Officer of EPAM Systems Inc, the total compensation of Arkadiy Dobkin at EPAM Systems Inc is $4,325,620. 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 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. Member of the Board of Directors of the "RUSSOFT"Association . consultant. But the stock has lost half its value since December on fears the Russian . The ever-evolving industry of technology consists of cutting-edge products and services, rising demands of customers, competition by rivals and a talent pool. [27], During the 2022 Russian invasion of Ukraine, tensions between the firm's 14,000 Ukrainian employees and the 18,000 Belarusian and Russian staff sparked dissension when the CEO Arkadiy Dobkin refrained from publicly condemning Russia in a statement on LinkedIn and rejected calls to assist the Ukrainian military. 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. Cirrus Logicaudio processors and converters are found in many professional audio and entertainment products for example smartphones, tablets, televisions, docking stations etc. Belarus has about 9,500 people who identify as Jews. 10 years later and I am still very happy to be part of EPAM Systems's amazing journey! In the nearly 30 years since, the Newtown-headquartered . click the link in that email to complete your registration. The Connecticutbased firearm manufacturing company is the fourth largest in the United States. The men had orders to arrest him, according toBelarusian media, and the government said Zeltser killed one of them. Member and former chairman of the Board of the "Infopark" Association. In the war many factories, brands and companiesthey work for the needs of the war and change their business model.. Questcor Pharmaceuticalsis a biopharmaceutical company that focuses on developing treatment for patients with serious autoimmune and inflammatory disorders that are difficult to treat. Dobkin was lambasted on LinkedIn, Facebook and Twitter. Enter your search query or select one from the list of frequent 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. Headcount: 2,422 (2006), 3,316 (2007) New Customer: The Coca-Cola Company. Dobkin was one of them. Dobkin says he has now spoken with Chernikov, who has assembled an 800-strong group of Epam colleagues on Telegram. . In 2019, EPAM joined the Blockchain in Transport Alliance (BiTA). 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. The company also launched EPAM SolutionsHub, a catalogue of its software products, accelerators and open source platforms. 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. "What is. It's a. The company produces industrial minerals such as sand proppants, calcined kaolin clay, aplite clay, whole grain silica, ground silica and fine ground silica. Arkadiy's mailing address filed with the SEC is 41 UNIVERSITY DRIVE, SUITE 202, , NEWTOWN, PA, 18940. Mr. . Geographies Added: Germany. Musk Made a Mess at Twitter. 6 Arkadiy Dobkin - EPAM Systems. Today, EPAM is a Forbes Global 2000 company and a part of the S&P 500 Index. With sales at $629 million, and a five year annual sales growth at 51%, Bailey's company tops our list. NIC develops online services for electronic governance that are used by over 3500 federal, state, and local government agencies. Biography of Arkadiy Dobkin Arkadiy Dobkin founded EPAM Systems, Inc. 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. 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. Set up by a small group of entrepreneurs in Kansas 20 years ago, the company has expanded well beyond its creators' expectations. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Zeltzer worked for the US-based information technology firm Epam, whose founder and CEO, Arkadiy Dobkin, is a Jew from Belarus who now lives in the United States. 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. In April 2021, EPAM acquired PolSource,[24] a Salesforce Consulting Partner with more than 350 Salesforce specialists across the Americas and Europe. EPAM was named to Forbes 25 Fastest Growing Public Tech Companies list in 2013. 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 - Company President since 2011 and CEO since 2012, Bryan A. Shinn is the man behind US Silica Holdings. Arkadiy has many family members and associates who include Sofia Dobkin, Jennifer Hanzel, Vincent Depaul, Z Newman and James Hanzel. Singh said knows a lot of people in the Ukraine who have earned advanced degrees in engineering, and "who are doing work outside the industry because there isn't enough opportunity.". In 1993, Arkadiy Dobkin and Leo Lozner founded EPAM, a global software engineering services company, in New Jersey, USA and Minsk, Belarus. EPAM acquired Israel-based cybersecurity services provider White-Hat Ltd. in May 2021.[23]. Wall Street is Looking Bullish on . It takes just a few seconds. "EPAM Reports Results for Full Year 2022", "Know The Success Story of EPAM Systems and its Journey", "EPAM Systems, Inc. ranked number 292 among fastest growing technology companies in North America on the 2002 Deloitte & Touche Technology Fast 500", "EPAM Systems, Inc. successfully listed on the New York Stock Exchange", "EPAM Systems, Inc. (EPAM) Stock Price, News, Quote & History - Yahoo Finance", "Epam merges to expand offshore services", "PhillyDeals: EPAM Systems buys Conshohocken's Empathy Lab", "EPAM Acquires Continuum, Expanding Global Innovation, Design and Physical Product Development Capabilities", "Global software firm buys digital agency TH_NK", "EPAM Launches InfoNgen 7.0 to Improve Actionable Insights", "EPAM Wins 2019 Big Innovation Award For TelescopeAI, An AI-Enabled Platform To Help Businesses Manage The ir IT Operations", "EPAM Joins Blockchain in Transport Alliance, Largest Association in the World | EPAM", "Why Open Source Software is Critical to the Future of Financial Services", "EPAM Adds Engineering Scale with Colombia Acquisition", "EPAM Systems Acquires CORE SE For Undisclosed Sum To Expand Western European Presence", "Israel Cybersecurity Co White-Hat Bought Out By EPAM For $50 Million", "EPAM Expands Salesforce Capabilities with Acquisition of PolSource", "Emerald to acquire Innospec Widnes to expand its footprint in global fragrance industry", "Ukraine Stance by U.S. Tech Firm Epam Sparks Internal Dissension", "Ukraine War Divides Employees At American Tech Company That Straddles The Front Lines", "EPAM ", "EPAM Systems Begins Process of Exiting Operations in Russia", " EPAM ", "EPAM Systems Starts Exiting Russian Operations After Ukraine Invasion", "EPAM Systems Acquires B2BITS Corp., a Leading Provider of Solutions and Consulting Services to the Capital Markets", "EPAM Strengthens Its Business Information Services Offerings by Acquiring Instant Information, a Leading Provider of Cloud Based Information Management and Discovery Services", "EPAM Acquires Healthcare Technology Consulting Firm, Netsoft USA", "EPAM Acquires Jointech, Expands China-Based Delivery Capabilities", "EPAM Acquires Great Fridays, Product and Service Design Company", "EPAM Expands Digital Engagement Practice With Acquisition of NavigationArts", "EPAM Enhances Global Delivery Capabilities and Extends Footprint in China with Acquisition of Dextrys", "EPAM Expands Education and Learning Offerings With Acquisition of Competentum", "EPAM Acquires NAYA Technologies, An Israeli and US-Based Consultancy Specializing in Complex Cloud Migration and Data Management Services", "EPAM Acquires Ricston Ltd., Expanding Global API Practice and Salesforce Capabilities", "EPAM Enhances Salesforce Capabilities With PolSource Buyout", "American tech giant EPAM acquires Israeli security startup White-Hat", "EPAM Systems (EPAM) Acquires Emakina, Boosts Digital Portfolio", "EPAM Acquires Optiva, Boosts Digital Transformation Portfolio", "EPAM Named to Forbes List and Wins Oracle Award", "EPAM Ranked #8 on Forbes' List of 25 Fastest Growing Public Tech Companies", "EPAM Again Joins Forbes' List of 25 Fastest Growing Public Tech Companies", "HFS Top 10 Travel, Hospitality, and Logistics Service Providers", " EPAM TelescopeAI BIG Innovation Award 2019", "KMWorld 100 Companies That Matter in Knowledge Management 2019", https://en.wikipedia.org/w/index.php?title=EPAM_Systems&oldid=1142236235, Companies listed on the New York Stock Exchange, Companies based in Bucks County, Pennsylvania, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Consulting services and technology solutions, Digital Strategy & Omnichannel Experience Design, Telecommunications, Agile, Business Intelligence & Mobile, Investment Banking, Wealth & Asset Management, Product Development Services & Test Automation, Software engineering and application services, Digital Strategy, Experience Design & Innovation Studios, Digital Consulting, Strategy & Experience Design, Educational Content Services & Learning Platform, Software and services provider for quantitative research, algorithmic and automated systematic trading, Software integration and connectivity solutions provider, SAP/S4HANA/Enterprise data and analytics program management, Consulting, strategy and transformation services, Product development and digital services (media/entertainment).

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