EPAM Systems, Inc. Announces Chief Executive Officer Changes, Effective September 1, 2025
EPAM
Published on 05/08/2025 at 06:01, updated on 05/08/2025 at 11:42
EPAM Systems, Inc. announced that Arkadiy Dobkin, the company's Chief Executive Officer, will transition to the role of Executive Chairman, on September 1, 2025. Succession to be Effective on September 1, 2025. As part of the planned succession, Balazs Fejes, EPAM's President of Global Business & Chief Revenue Officer, will become Chief Executive Officer.
Working closely with the CEO and leadership team, Mr. Dobkin will help ensure that the values, relationships and strategic focus that have defined EPAM for decades continue to guide its future. Arkadiy Dobkin is the Principal Founder and Executive Chairman of EPAM Systems, Inc. Under his leadership, EPAM has grown from a New Jersey-based start-up with Eastern European roots, into a global leader in digital transformation services, digital platform engineering, and consulting. Mr. Dobkin has been instrumental in pioneering the software product engineering and IT services industries, helping to open the vast software talent pools of Central and Eastern Europe to the global business community.
Over the past three decades, he has guided EPAM through sustained global expansion, innovation leadership, and significant milestones, including its successful Initial Public Offering on the New York Stock Exchange in 2012 and its addition to the S&P 500 and Forbes Global 2000 indices in 2021. Under Arkadiy's leadership, EPAM championed and firmly established Digital Product Engineering as a global service model category at enterprise scale. Mr. Dobkin's leadership and contributions have been recognized globally.
He was inducted into the Ernst & Young World Entrepreneur of the Year Academy and the Entrepreneur of the Year Hall of Fame. In 2021, he received the Tatra Summit Business Leadership Award from GLOBSEC for his contributions to the tech business environment across the CEE region and beyond, and he has been recognized as one of Philadelphia Business Journal's Most Admired CEOs. He holds a Master of Science degree in Electrical Engineering from Belarusian National Technical University.
Balazs Fejes serves as EPAM's President of Global Business & Chief Revenue Officer, where he leads global client engagement, market activities and is responsible for EPAM's global business operations. Prior to June 2024, Mr. Fejes served as President of the Europe and APAC Markets, leading business activities in those regions, co-leading global business operations and overseeing EPAM's banking and financial services business unit. Prior to August 2012, Mr. Fejes served as EPAM's chief technology officer (CTO) and was responsible for ensuring that EPAM's global software development centers were at the leading edge of industry standards for efficiency and quality.
Mr. Fejes joined EPAM in 2004 as part of the acquisition of Fathom Technology, a Hungarian software engineering firm which he co-founded and where he served as CTO. Prior to co-founding Fathom Technology Mr. Fejes held senior technical leadership roles at Great Plains (Microsoft Business Solutions) and Scala Business Solutions. Throughout his career, Mr. Fejes has been a hands-on innovator, visionary architect and software engineer, receiving multiple awards and programming championship honors.