Form 8-K · Current Report · Filed 2024-07-11
Cognizant Appoints New Director Karima Silvent
On July 11, 2024, Cognizant Technology Solutions Corporation announced the appointment of Karima Silvent to its Board of Directors, expanding the Board to 13 members.
- Filer
- Cognizant Technology Solutions Corporation CTSH · NASDAQ
- Filed
- Accession
- 0001058290-24-000229
- CIK
- 0001058290
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Details
Ms. Silvent, with extensive experience in human resources, talent management, and public policy, will stand for re-election at the 2025 annual meeting of shareholders. She will receive a cash retainer of $89,863 and restricted stock units valued at $197,698 as part of her compensation.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$67.83
Next session
+5.5%
Since filing
-18.4%
Latest close
$55.35
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CTSH reporting the same item, with the next session's move:
About Cognizant Technology Solutions Corporation
Cognizant Technology Solutions Corporation is a prominent player in the professional services and IT consulting industries. The company specializes in offering a diverse range of services, including digital transformation, information technology, consulting, operations, and business process outsourcing. Operating globally, Cognizant assists a multitude of sectors such as healthcare, financial services, manufacturing, and retail, enabling clients to navigate the complexities of the digital economy. Founded in 1994 and headquartered in Teaneck, New Jersey, Cognizant has established itself as a leader in helping businesses innovate, automate, and modernize their IT infrastructure. The corporation leverages cutting-edge technologies like artificial intelligence, cloud computing, and data analytics to provide tailored solutions that optimize efficiency and drive growth for its clients. In the financial market, Cognizant is recognized for its consistent performance and resilience, maintaining a robust presence across various markets. Its role in facilitating digital enablement and technological advancements positions it as a critical ally for businesses aiming to remain competitive in the swiftly evolving digital landscape.
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