Cognizant appoints Eric Branderiz to board of directors By CIOTechOutlook Team

Cognizant appoints Eric Branderiz to board of directors

CIOTechOutlook Team | Friday, 03 February 2023, 06:17 IST

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Eric Branderiz will join Cognizant's Board of Directors (the Board) as an independent director on February 21, 2023, the company stated. Cognizant's Board will grow from 11 to 12 members when Mr. Branderiz's tenure begins, with 11 of those members being 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."
 
As part of its continuous refreshment effort, the Board is still working to balance the skills and tenures of its directors as best it can. The Board has appointed five new independent directors in the last four years, including Mr. Branderiz.
 
Maureen Breakiron-Evans, a 2009 Board addition, has also told the Board that she will not run for re-election at the Cognizant 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."
 
The Board plans to assess the makeup of its committees in light of these changes to the Board's makeup.

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