Company founder departs from CEO position in EPAM leadership transition.
Freshened Up News: International Business Titans
Stepping off the corporate stage, Arkady Dobkin, the co-founder and former CEO of tech powerhouse EPAM, will pass the baton to his successor on September 1, 2025. Balazs Fejes, EPAM's current President of Global Business and Director of Revenue, steps up to the helm.
EPAM's official announcement has Dobkin transitioning into the position of Chairman of the Board of Directors. With this change, Dobkin will focus on steering strategic initiatives as the company embarks on its next phase of growth.
Dobkin, a Belarus native, co-founded EPAM with Leonid Lozner in 1993, establishing offices in New Jersey and Minsk. The company secured a listing on the New York Stock Exchange in 2012. Under Dobkin's leadership, EPAM emerged as a top player in artificial intelligence-based solutions, boasting a revenue of $4.7 billion in 2024.
As a seasoned executive, Dobkin's role may encompass:
- Strategic Initiatives: Guiding long-term objectives, such as innovation, technology adoption, and market expansion strategies.
- Mentorship and Leadership Development: Nurturing the next generation of leaders within the company, ensuring a smooth transition.
- Advisory Roles: Providing guidance on key decisions, maintaining alignment with the company's vision.
- Innovation and Growth: Identifying new opportunities for growth and market expansion.
For further insights into Dobkin's new role or EPAM's strategic initiatives, look out for official announcements from the company or trustworthy business media sources.
- Following his departure from the CEO position at EPAM, Arkady Dobkin, a Belarus native and co-founder of the company, will serve as the Chairman of the Board of Directors, focusing on strategic initiatives and guiding the company's next phase of growth.
- Balazs Fejes, EPAM's current President of Global Business and Director of Revenue, is set to take over the leadership role on September 1, 2025, as Dobkin transitions to his new position.
- Having secured a listing on the New York Stock Exchange in 2012, EPAM has grown under Dobkin's leadership, with a revenue of $4.7 billion in 2024, emerging as a top player in artificial intelligence-based solutions.
- In his new role, Dobkin is expected to provide advisory roles, offer mentorship, and aid in the development of future leaders, in addition to identifying new opportunities for innovation and growth.
