Anton G. Karpov is the CEO of EPAM Systems, Inc., a leading software engineering and IT solutions company, since March 2023. With an MBA from Harvard Business School, Karpov brings a wealth of knowledge and skills in operations that help...

Anton G. Karpov is the CEO of EPAM Systems, Inc., a leading software engineering and IT solutions company, since March 2023. With an MBA from Harvard Business School, Karpov brings a wealth of knowledge and skills in operations that help guide the company’s strategy and success. Born in 1978, he has over 30 years of experience in the global IT services industry, working in diverse markets across Western Europe, Eastern Europe, and the United States. He is known for his analytical approach to business challenges, focusing on performance metrics that drive revenue growth and profitability. In 2023, Karpov's total compensation was $7.5 million, which reflects a salary of $812,500 plus performance-based bonuses. Interestingly, during his tenure, he has remained invested in the company's future, showcasing confidence in EPAM through substantial stock grants scheduled to vest over four years. In a notable trend, Anton saw a rise in his net worth reaching highs of over $1.1 billion within just two years due to EPAM's growth, although by late 2023, that figure adjusted to approximately $328 million. His background gives him major insights into industry trends and operational challenges.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other EPAM Systems CEOs

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Anton G. Karpov

CEO of EPAM Systems

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

May 1, 1978 - 47 years ago

CEO of EPAM Systems for

2 years 2 months (Mar 2023 - Present)

Previous Experience

Extensive experience in operational roles at EPAM and other technology firms

Rivals

Competitors/colleagues of Anton G. Karpov

Holdings

See how much did Anton G. Karpov make over time.

As of late 2023, Anton G. Karpov's wealth has seen significant fluctuations based on his holdings in EPAM Systems. He reached a peak of over $1.1 billion in 2021, coinciding with substantial growth in EPAM's market value. However, by late...

As of late 2023, Anton G. Karpov's wealth has seen significant fluctuations based on his holdings in EPAM Systems. He reached a peak of over $1.1 billion in 2021, coinciding with substantial growth in EPAM's market value. However, by late 2023, his net worth had receded to around $328 million. This adjustment reflects changes in the stock value of EPAM, particularly after experiencing a strong growth phase followed by some market corrections. His current holdings are mostly in the form of stock grants that are yet to vest, aimed at driving long-term commitment to the company’s future performance. Karpov's strategy involves closely aligning his financial interests with that of the shareholders, showing confidence in organizational growth.

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Insider Trading

See recent insider trades of Anton G. Karpov.

No insider trades found for this CEO.

Compensation History

See how much did Anton G. Karpov make over time.

In 2023, Anton G. Karpov received a total compensation of $7.5 million, breaking down to a base salary of $812,500 and a cash bonus of $500,000 tied directly to the company's performance metrics. His bonus reflected only 47% of the potential target due to performance indicators not fully hitting expectations. Notably, in lieu of vested stock for the year, Karpov was granted 19,685 restricted stock units (RSUs) set to vest over four years, further emphasizing the company's focus on long-term growth. His total compensation package is designed to motivate executive performance and align with shareholder interests, reflecting a straightforward approach to incentivizing results while managing operational success.

Year

2023

Total Compensation

$1.33M

Salary

$812.50K

Board Justification

The compensation philosophy emphasizes performance-based pay and aligns executive compensation with the long-term interests of stockholders, focusing on retention and motivation of the executive team.

Bonus

$500.00K

Board Justification

The cash incentive paid to the CEO is based solely on corporate performance, with a target cash incentive of $1,062,500 and a maximum of $2,125,000. The actual payout was 47% of the target due to performance metrics.

Other

$13.81K

Board Justification

This includes 401(k) plan matching contributions and other broad-based benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on cash incentives and long-term equity awards that have not yet vested.

Performance Metrics

The CEO's performance metrics for 2023 were based on corporate performance indicators, specifically revenue growth and profitability.

Other EPAM Systems CEOs

Here are other CEOs of EPAM Systems

Arkadiy Dobkin

Founder and CEO of EPAM Systems

January 2023 - Invalid Date