Branderiz brings over 26 years of financial
and C-suite experience across the energy and technology
sectors
Director Maureen
Breakiron-Evans will not stand for re-election
TEANECK,
N.J., Feb. 2, 2023 /PRNewswire/ -- Cognizant
(Nasdaq: CTSH) today announced the appointment of Eric Branderiz to
its Board of Directors ("the Board") as an independent director,
effective February 21, 2023. Upon the
commencement of Mr. Branderiz's term, Cognizant's Board will expand
from 11 to 12 members, 11 of whom will be independent.
"Eric is a proven financial executive and public company
director with extensive experience overseeing financial and
accounting operations for high-growth energy and technology
companies," said Stephen Rohleder,
Chair of the Board. "We are pleased to welcome Eric to the Board
and look forward to leveraging his unique insights and expertise as
we seek to reaccelerate growth and drive shareholder value."
The Board continues to strive towards optimizing its balance of
director skills and tenures as part of its ongoing refreshment
program. With the addition of Mr. Branderiz, the Board has
appointed five new independent directors in the last four
years.
In addition, Maureen
Breakiron-Evans, who joined the Board in 2009, has informed
the Board that she will not stand for re-election at Cognizant's
2023 Annual Meeting of Shareholders.
"We thank Maureen for her commitment to our shareholders,
employees, and other stakeholders," Rohleder said. "She has made
meaningful contributions to Cognizant during her decade of service
on the Board, including as a member of our Audit and Governance and
Sustainability Committees. On behalf of the Board, I'd like to wish
Maureen well as she focuses on her family and other interests."
Given these changes to the Board's composition, the Board
intends to evaluate the composition of its committees.
About Eric Branderiz
Mr. Branderiz, 57, brings significant experience in finance,
accounting, M&A execution, risk management and ESG and
corporate governance to Cognizant, as well as expertise across the
energy, technology, semiconductor and renewables sectors. Mr.
Branderiz most recently served as the Executive Vice President and
Chief Financial Officer of Enphase Energy, Inc., a renewal energy
technology company, from June 2018 to
February 2022 and continued serving
as an advisor until June 2022. Prior
to joining Enphase, Mr. Branderiz served as the Chief Accounting
Officer and Corporate Controller of Tesla, Inc., an automotive and
renewal energy company, from October
2016 to March 2018, and in
various senior roles, including as the Senior Vice President,
Corporate Controller and Chief Accounting Officer, at SunPower
Corporation, a solar energy system design and manufacturing
company, from 2010 to 2016. Prior to joining SunPower Corporation,
Mr. Branderiz served in various senior roles with Knowledge
Learning Corporation, Spansion, Inc., and Advanced Micro Devices,
Inc. Mr. Branderiz also serves on the Board of Directors of Fortive
Corporation, a provider of essential technologies for connected
workflow solutions across a range of attractive end-markets.
He is a Certified Public Accountant in California and received his bachelor's degree
in Business Commerce with an emphasis on Accounting from
University of Alberta,
Canada.
Fourth Quarter 2022 Earnings Call Details
In a concurrent release issued today, February 2, 2023, Cognizant announced financial
results for the fourth quarter of 2022.
Cognizant management will conduct a conference call at
5:00 p.m. (Eastern) today to discuss
operating performance for the quarter. To participate in the
conference call, domestic callers can dial 877-810-9510 and
international callers can dial 201-493-6778 and provide the
following conference passcode: Cognizant Call.
The conference call will also be available live on the Investor
Relations section of the Cognizant website at
http://investors.cognizant.com. Please go to the website at least
15 minutes prior to the call to register and to download and
install any necessary audio software.
For those who cannot access the live broadcast, a replay will be
available by dialing (877) 660-6853 for domestic callers or (201)
612-7415 for international callers and entering 13735053 from two
hours after the end of the call until Thursday, February 16, 2023. The replay will also
be available at Cognizant's website http://investors.cognizant.com
for 60 days following the call.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help
our clients modernize technology, reimagine processes and transform
experiences so they can stay ahead in our fast-changing world.
Together, we're improving everyday life. See how at
www.cognizant.com or @cognizant.
Investor Relations Contact:
Tyler Scott
VP, Investor Relations
+1 551-220-8246
Tyler.Scott@cognizant.com
Media Contact:
Jeff
DeMarrais
VP, Corporate Communications
+1 475-223-2298
Jeff.DeMarrais@cognizant.com
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SOURCE Cognizant Technology Solutions