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AI brief of an SEC Form 8-K · EPAM Systems (EPAM)

EPAM Names Balazs Fejes CEO and President, Dobkin Becomes Executive Chairman

Neutral Impact 4 of 5 leadership Written later

Effective September 1, 2025, EPAM Systems appointed Balazs Fejes as Chief Executive Officer and President and added him to its Board, completing the CEO transition first announced on May 8, 2025. Arkadiy Dobkin, who continues as Board Chair, became Executive Chairman, and the Board also raised the maximum number of directors from ten to 11.

Key points

  • Balazs Fejes named CEO and President and appointed to the Board effective September 1, 2025, with an annual base salary of $850,000
  • Fejes received a restricted stock unit grant valued at $670,000, vesting in equal portions over four years
  • Amended and restated bylaws effective September 1, 2025 raise the maximum board size from ten to 11 directors
  • Arkadiy Dobkin's compensation remains unchanged for 2025

The filing

CompanyEPAM Systems (EPAM)
Form8-K, current report
Filed with the SECSep 2, 2025, 4:02 PM ET
Accession number0001352010-25-000044

Items reported: 5.02 Director / Officer Change5.03 Bylaw / Charter Amendment

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 02, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.