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. . 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. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. 10 years later and I am still very happy to be part of EPAM Systems's amazing journey! News on all your favorite celebs, reality TV, and movies. Will Bibis legacy be a new constitution for Israel or civil war? This situation is war, not business, says Chernikov, who had been working remotely for Epam outside Ukraine. [3], In 2002, EPAM was ranked publicly for the first time as a fast-growing company by Deloitte & Touche. 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. With sales at $493 million and a five-year growth rate of 30%, EPAM Systems is one of America's most successful small businesses. 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. 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. Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. . Copyright 2023 IDG Communications, Inc. Thanks Arkadiy Dobkin, Larry Solomon Mariia Teslyak. Epam shares rose 16% higher on March 2, but are still down nearly 62% since the start of the year. Arkadiy's mailing address filed with the SEC is 41 UNIVERSITY DRIVE, SUITE 202, , NEWTOWN, PA, 18940. What is Arkadiy Dobkin's net worth? Proto Labs is an ultra-fast manufacturer of custom parts and product prototypes. Computerworld |. Wall Street is Looking Bullish on . Questcor Pharmaceuticalsis a biopharmaceutical company that focuses on developing treatment for patients with serious autoimmune and inflammatory disorders that are difficult to treat. The Company is recognized by leading independent research agencies, including being listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked as the Top IT Services company on Fortunes 100 Fastest-Growing Companies list for the last three consecutive years. The business'sfive-year sales growth is 20%, as is its five-year EPS growth. Member and former chairman of the Board of the "Infopark" Association. There are 5 older and 18 younger executives at EPAM Systems Inc. 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. Inc., a leading digital transformation services and product engineering company. I do not even care about being fired. 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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. 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 World's Most Entertaining Car Website. [28] All Rights Reserved. Even after his work accounts were suspended, and the email chain shut down, Chernikovs demands continued to spiral across LinkedIn, Telegram and Facebook. 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. Arkadiy Dobkin is the CEO, President and Chairman of the Board at EPAM Systems. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? 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. 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. I never said Arkadiy is a bad guy but I wanted him to be a hero, a true leader in this situation. [15], The company also productized TelescopeAI, an artificial intelligence-based platform for IT operations and workforce management, which won a 2019 Big Innovation Award presented by the Business Intelligence Group.[16]. Patrick Thibodeau covers SaaS and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. National Technological University unknown Computer Science 1983 The IT services firm's business model is similar to that of Indian services firms, though there are some key differences. When Arkadiy Dobkin emigrated to the U.S. two decades ago, his first job was washing dishes. Arkadiy Dobkin is the CEO & Co-founder at EPAM Systems. 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. Use up and down arrows to review and enter to select. Its influence, however . With 43,900 students enrolled in 2011, the company is ever growing. 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. 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. In December 2021, EPAM joined the S&P 500 American market index. 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He received a graduate degree from Byelorussian National Technical University. EPAM is a founding member of the MACH Alliance. He has been instrumental in connecting the talent of . 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. In november, 2014 Arkadiy Dobkin become the winner of the international competition "Entrepreneur of the Year 2014" in Belarus. As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and ranked as the top IT services company on Fortune's 100 Fastest-Growing Companies list of 2019 and 2020. By registering you agree to the terms and conditions. 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. In addition, he makes $4,325,620 as Chairman of the Board, President oraz Chief Executive Officer at EPAM Systems Inc. Sales stand at $595 million and the five-year EPS growth is at 54%. With sales at $866 million, over 1.000 patents, 600-plus products, and serving more than 2.500 customers globally,Cirrus Logic Inc. has truly taken off. The business also develops e-Services and manage official Web sites for 29 states, and is ever-expanding. people could easily go to jail just based on whatever hes posting publicly.. (Vladimir Martsul/BelTA Pool Photo via AP). 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. But others saythey appreciate the relative religious freedom and personal safetythat have characterized the Lukashenko regime. Senior Editor, He discusses the current. The war has also left the company with about 32,000 employees divided by the new front line between Ukraine, Russia and Belarus. So which brands and enterprises have proven themselves? It's a. Mr. Dobkin owns 1,361,893 shares of EPAM Systems stock worth more than $416,780,115 as of February 26th. 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. 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. They were sent a questionnaire, the results of which were selected 12 contestants. 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. Its founder, Arkadiy Dobkin, arrived in the U.S. after starting his first company in Belarus. He's in the top ten in the ranking of the 200 most successful and influential businessmen of Belarus. External observers and opposition activists have said the elections were a sham and thousands, includinga number of Jewish activists,have been arrested. Explore our enterprise software products, open source solutions and accelerators on. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. George Soros's Family Office Bets Against Crypto Bank Silvergate. 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", Belarusian National Technical University in Minsk, Consultant and Senior Technical Specialist, Chairman, Chief Executive Officer and President. 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. . After earning a Master of Science degree in Electrical Engineering from the Belarusian National Technical University, Mr. Dobkin began his career in Minsk, Belarus, where he worked for several emerging software development companies. Unlike other news outlets, we havent put up a paywall. Belarus has about 9,500 people who identify as Jews. 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. 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. Once registered, youll receive our Daily Edition email for free. Vicki Holt, the only woman on our list, has brought about great change for Proto Labs since she was appointed CEO earlier this year. consultant. src="" alt="" class="gallery-slider__content__img" height="", data-src="/web/show-photo.jpg?id=28685&cache=false" Mr. Dobkin is also on the board of EPAM Systems Ltd. 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. What happens to the notes placed in the Kotel? Incorrect password. [30] In April 2022, EPAM decided to stop operating in Russia while continuing working in Belarus.[31][32][33]. 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. CEO since 2012, Abdi is President and CEO of the company during a crucial phase of expansion. 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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. Previously, Arkadiy was a Member at Board International. Founder, President and Chairman of the Board of Directors EPAM Systems, the largest developer of custom software in Central and Eastern Europe. click the link in that email to complete your registration. 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 . Presently, he is Chairman, President & Chief Executive Officer at this company. She enjoys uncovering niche culture scenes wherever she goes, and spreading the word about them. 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.". In november, 2014 Arkadiy Dobkin become the winner of the international competition "Entrepreneur of the Year 2014" in Belarus. 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. Click the link in that email to complete registration so you can comment. 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 . A fresh take on sports: the biggest news and most entertaining lists. Zeltzer's employment by a US. 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. With a five-year EPS growth rate of 144% and a five year sales growth of 31%, the future looks bright for the company.