EPAM Systems has announced a planned leadership transition effective September 1, 2025, with current Chairman, CEO, and President Arkadiy Dobkin stepping into the role of Executive Chairman. Balazs Fejes, the company’s President of Global Business and Chief Revenue Officer, will take over as CEO and President. Dobkin, who founded EPAM in 1993, will continue contributing to the company’s long-term strategy, maintaining relationships with key stakeholders, and supporting its overall direction. This transition comes after decades of growth under Dobkin’s leadership, including EPAM’s IPO in 2012, its inclusion in the S&P 500 Index, and recent expansion into AI-focused solutions and new global markets.
Fejes brings more than two decades of experience at EPAM, having served in several senior roles, including Chief Technology Officer and regional leadership positions across Europe and Asia-Pacific. As incoming CEO, Fejes will focus on extending EPAM’s capabilities in engineering, consulting, and AI-driven services. The Board expressed confidence in his ability to guide the company through its next phase. On his appointment as CEO, Fejes commented, “I am committed to building on our strong foundation by expanding our engineering and consulting capabilities, helping our global clients accelerate their GenAI-enabled journeys and ensuring we stay ahead as their trusted partner. I am humbled by the trust placed in me by Arkadiy, our leadership team and the Board, and I look forward to working closely with them to achieve our goals.”
