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Francisco D'Souza, born in 1974, is the former CEO of Cognizant Technology Solutions, where he worked from 2007 to 2019. He co-founded Cognizant in 1994 and guided the company through a massive growth phase, increasing revenue from $1.4 billion to...

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Francisco D'Souza

Founder and Ex-CEO of Cognizant

Education

Bachelor's degree in Business Administration from the University of Massachusetts Amherst

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1974 - 51 years ago

CEO of Cognizant for

12 years 3 months (Jan 2007 - Apr 2019)

Previous Experience

Co-founder of Cognizant Technology Solutions

Holdings

See how much did Francisco D'Souza make over time.

Francisco D'Souza has seen significant fluctuations in his stock holdings with Cognizant. In 2019, he reported holding $38.12 million in stock, which increased to $39.90 million by November that year, before it dipped to $20.31 million by January 2020. Throughout...

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Insider Trading

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Compensation History

See how much did Francisco D'Souza make over time.

In 2019, Francisco D'Souza received a total compensation of approximately $2.3 million. His base salary was $375,000, and he earned a cash bonus of $750,000. He also had substantial stock awards that vested, worth around $6 million. His compensation philosophy blended his base pay with performance-based incentives to align with the company's interests. In 2018, his total compensation spiked to $14.1 million, showing a notable increase from previous years due to strong company performance and growth metrics he helped to achieve.

Year

2019

Total Compensation

$7.21M

Salary

$375.00K

Board Justification

The compensation philosophy is designed to align with the company's performance and retention strategies, ensuring competitive compensation packages that attract and retain top executive talent.

Bonus

$750.00K

Board Justification

Cash bonus equal to 50% of Mr. D’Souza’s targeted level of ACI in 2018 to compensate for his six months of service as an employee of the company during 2019.

Other

$87.77K

Board Justification

Includes various benefits and compensation for services as a director after ceasing to be an employee.

Restricted Stock

$6.00M(83.29K RSU)

Board Justification

RSUs with a grant date value of $6,000,000 of which 25% vested on March 31, 2019 and 75% vested on June 30, 2019.

Performance Metrics

Performance metrics included revenue growth and adjusted income from operations.

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