EPAM Systems Management
Management criteria checks 3/4
EPAM Systems' CEO is Balazs Fejes, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $5.01M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $389.82K. The average tenure of the management team and the board of directors is 8.4 years and 8.2 years respectively.
Key information
Balazs Fejes
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 13.61% |
| CEO tenure | less than a year |
| CEO ownership | 0.005% |
| Management average tenure | 8.4yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
EPAM Systems: Growth Acceleration Shouldn't Be Ignored (Rating Upgrade)
Aug 13We Think EPAM Systems (NYSE:EPAM) Can Manage Its Debt With Ease
Jul 08
Is There An Opportunity With EPAM Systems, Inc.'s (NYSE:EPAM) 41% Undervaluation?
Jun 25Market Participants Recognise EPAM Systems, Inc.'s (NYSE:EPAM) Earnings Pushing Shares 26% Higher
May 21EPAM Systems' (NYSE:EPAM) Conservative Accounting Might Explain Soft Earnings
May 15Is Now The Time To Look At Buying EPAM Systems, Inc. (NYSE:EPAM)?
Apr 21EPAM Systems, Inc. (NYSE:EPAM) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
Apr 05EPAM Systems: Growth Return Goes Unappreciated By The Market
Mar 31Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 35% Discount?
Mar 02EPAM Systems, Inc.'s (NYSE:EPAM) Price Is Out Of Tune With Earnings
Feb 16Returns At EPAM Systems (NYSE:EPAM) Appear To Be Weighed Down
Feb 03These 4 Measures Indicate That EPAM Systems (NYSE:EPAM) Is Using Debt Safely
Jan 20EPAM Systems Is Undervalued And Positioned Back To Growth Mode
Jan 15Is Now An Opportune Moment To Examine EPAM Systems, Inc. (NYSE:EPAM)?
Dec 23Is EPAM Systems, Inc. (NYSE:EPAM) Trading At A 27% Discount?
Nov 25EPAM Systems, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 09EPAM Systems, Inc.'s (NYSE:EPAM) Shares May Have Run Too Fast Too Soon
Nov 08EPAM Systems Grinds On As Prospects Decline (Downgrade)
Oct 25Investors Met With Slowing Returns on Capital At EPAM Systems (NYSE:EPAM)
Oct 25EPAM Systems: Slowing Revenue But AI Innovations Make It One To Watch
Aug 14EPAM Systems: AI Friend Or Foe
Jul 31EPAM Systems: Growth Recovery Is Pushed Back With Q1 Earnings Report
May 10EPAM Systems: Cash-Rich Service Business With AI Tailwinds
Apr 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | US$401m |
| Mar 31 2025 | n/a | n/a | US$412m |
| Dec 31 2024 | US$5m | US$682k | US$455m |
| Sep 30 2024 | n/a | n/a | US$449m |
| Jun 30 2024 | n/a | n/a | US$410m |
| Mar 31 2024 | n/a | n/a | US$431m |
| Dec 31 2023 | US$4m | US$587k | US$417m |
| Sep 30 2023 | n/a | n/a | US$475m |
| Jun 30 2023 | n/a | n/a | US$533m |
| Mar 31 2023 | n/a | n/a | US$432m |
| Dec 31 2022 | US$3m | US$512k | US$419m |
| Sep 30 2022 | n/a | n/a | US$407m |
| Jun 30 2022 | n/a | n/a | US$366m |
| Mar 31 2022 | n/a | n/a | US$462m |
| Dec 31 2021 | US$3m | US$489k | US$482m |
| Sep 30 2021 | n/a | n/a | US$425m |
| Jun 30 2021 | n/a | n/a | US$399m |
| Mar 31 2021 | n/a | n/a | US$351m |
| Dec 31 2020 | US$2m | US$449k | US$327m |
| Sep 30 2020 | n/a | n/a | US$316m |
| Jun 30 2020 | n/a | n/a | US$294m |
| Mar 31 2020 | n/a | n/a | US$286m |
| Dec 31 2019 | US$2m | US$393k | US$261m |
| Sep 30 2019 | n/a | n/a | US$246m |
| Jun 30 2019 | n/a | n/a | US$245m |
| Mar 31 2019 | n/a | n/a | US$237m |
| Dec 31 2018 | US$2m | US$367k | US$240m |
Compensation vs Market: Balazs's total compensation ($USD5.01M) is below average for companies of similar size in the US market ($USD8.61M).
Compensation vs Earnings: Balazs's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Balazs Fejes (50 yo)
Mr. Balazs Fejes serves as President, Chief Executive Officer and Director at EPAM Systems Inc. since September 01, 2025. Mr. Fejes served as President of Global Business & Chief Revenue Officer at EPAM Sy...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.8yrs | US$9.05m | 3.08% $ 256.9m | |
| President | less than a year | US$5.01m | 0.0047% $ 389.8k | |
| Senior VP | 8.4yrs | US$4.94m | 0.018% $ 1.5m | |
| Senior VP & Chief People Officer | 9yrs | US$3.41m | 0.015% $ 1.2m | |
| Senior VP and Head of Global Engineering | no data | US$3.41m | 0.073% $ 6.1m | |
| Head of Global Operations & Senior VP | 9.8yrs | no data | no data | |
| VP, Corporate Controller & Chief Accounting Officer | 9.3yrs | no data | 0.0029% $ 239.6k | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Compliance Officer | 8.1yrs | no data | no data | |
| Senior VP | 7yrs | no data | 0.0065% $ 540.1k | |
| Chief Marketing & Strategy Officer and SVP | 10.6yrs | US$1.12m | 0.0088% $ 736.2k | |
| Senior Vice President of Business Solutions | no data | no data | no data |
Experienced Management: EPAM's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.8yrs | US$9.05m | 3.08% $ 256.9m | |
| President | less than a year | US$5.01m | 0.0047% $ 389.8k | |
| Lead Independent Non-Employee Director | 12.8yrs | US$290.42k | 0.015% $ 1.2m | |
| Independent Director | 21.6yrs | US$346.00k | 0.0095% $ 796.3k | |
| Member of Advisory Board | 4.8yrs | no data | no data | |
| Independent Non-Employee Director | 5.7yrs | US$265.00k | 0.0019% $ 155.3k | |
| Independent Non-Employee Director | 13.8yrs | US$296.34k | 0.015% $ 1.3m | |
| Independent Non-Employee Director | 13.8yrs | US$262.92k | 0.029% $ 2.4m | |
| Independent Non-Employee Director | 7.1yrs | US$287.00k | 0.0070% $ 581.0k | |
| Independent Non-Employee Director | 9.3yrs | US$272.00k | 0.012% $ 1.0m | |
| Member of Advisory Board | 4.8yrs | no data | no data | |
| Independent Director | 2.6yrs | US$260.00k | 0.0019% $ 156.9k |
Experienced Board: EPAM's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/08 10:57 |
| End of Day Share Price | 2025/10/08 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
EPAM Systems, Inc. is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Georgios Kertsos | Berenberg |
| Jason Kupferberg | BofA Global Research |