Arkadiy Dobkin
CEO and President

Mr. Dobkin is the cofounder, CEO and President of EPAM Systems. Under his direction EPAM has grown to become one of the world’s leading software development outsourcing services companies.

After earning an MS in Electrical Engineering from the Byelorussian National Technical University, Mr. Dobkin began his career in Minsk, Belarus, where he worked for several emerging software development companies. After immigrating to the United States, he held thought and technical leadership positions in Colgate-Palmolive and SAP Labs.

A recipient of numerous awards, in June 2008 Ernst & Young named Mr. Dobkin winner of The Entrepreneur Of The Year® 2008 award in New Jersey, Information Technology Consulting category. In 2006, Consulting Magazine named him to “Top 25 Most Influential Consultants”. In 2004, along with the CEOs of Wipro Technologies and CGI Group, Mr. Dobkin was spotlighted as a key industry influencer in the Foreign Relations category of CRN's "Top 25 Executives" issue.

Through EPAM, Mr. Dobkin has been instrumental in opening the vast talent pool of the former Soviet Union region and Central and Eastern Europe to the global business community. He continues to actively promote this region across the US and Western Europe by presenting at noted international industry and technology events, such as Gartner Outsourcing Summits, Forrester's GigaWorld IT Forum Europe, Russian Outsourcing & Software Summits, SAP TechEd, and others.

Drew J. Guff

Managing Director and founding partner of Siguler Guff & Company

Drew J. Guff has served as a non-executive director of our board since 2006. Mr. Guff is a Managing Director and founding partner of Siguler Guff & Company. Prior to founding Siguler Guff, a multi-strategy private equity firm with over $9 billion of assets under management, Mr. Guff was with PaineWebber for ten years in a range of both principal and advisory capacities within PaineWebber’s Merchant Banking and Mergers and Acquisitions groups. In 1994, Mr. Guff founded Russia Partners Company, LP, one of the first private equity funds to operation in Russia and the CIS region. Today, Russia Partners manages approximately $1 billion of investments and commitments to private deals in the region. Mr. Guff sits on the board of directors of a number of portfolio companies owned by Russia Partners. He is a member of the Executive Board of the U.S.-Russia Business Council and is a member of the Council on Foreign Relations. He is also a trustee of the Phillips Academy Institute for the Recruitment of Teachers. Mr. Guff holds a Bachelor of Arts in Economics from Harvard College. We believe Mr. Guff’s experience as an investment banker, as a senior officer of an investment firm with activities in the IT sector and in CEE and the CIS and in evaluating the financial prospects of companies provides him with the necessary skills to serve as a member of our board of directors and enable him to provide valuable insight to the board regarding financial and investor relations issues.

Karl Robb

President of EU Operations, Executive Vice President EPAM Global Operations

Mr. Robb became Executive Vice President of Global Operations and a member of the Board of Directors of EPAM in 2004 when Fathom Technology, a Hungarian software development outsourcing company he co-founded, merged with EPAM Systems.

A 29 year global veteran of the software engineering and IT Solutions industries, Mr. Robb has spent 9 years working in Western Europe, 9 years in the USA, and 11 in Eastern Europe. Prior to co-founding Fathom Technology in 2001, he served as Vice President of Softtek, Latin America’s largest and most successful IT Outsourcing provider, where he built and ran the “Software & e-Business Practice” for North America.

In 1993, Mr. Robb co-founded Mobile Computing Systems, a Bay-Area Mobile Enterprise Development Platform and Vertical Applications provider in the US, UK and Italy, which was acquired by the Malaysian Telecom operator. Previously he served as CEO of Victor Distribution A.B. a provider of specialized hardware and software solutions, covering 12 countries in Europe, North America, The Middle East and Asia. Subsequently following Victor Technologies’ acquisition by US’ Tandy Corp., he was promoted to VP Business Development of the parent company, Victor Tandy Europe AB in Sweden.


Mr. Robb began his career in 1982 with the global solutions provider ICL and spent seven years in the UK, Belgium and Sweden in a variety of roles, including: Business Analyst, Sales, Product Management and Marketing and Major Account Management with EU Governmental Institutions. Having worked and lived for significant periods in US, EU and Eastern Europe, and having managed business activities focused on application software, operating systems, hardware, communications and networking and software development tools, Mr. Robb’s geo-diverse experience and broad technology background have proven to be valuable assets while helping EPAM grow as a Global Provider of Solutions and Services to Global Leaders in all 3 regions.

Donald P. Spencer

Managing Director and founding partner of Siguler Guff

Donald P. Spencer has served as a non-executive director of our board and our corporate secretary since 2006. Mr. Spencer is a managing director and founding partner of Siguler Guff & Company and is responsible for Siguler Guff’s legal and compliance matters. Prior to joining Siguler Guff in 1995, Mr. Spencer was as senior vice president of Mitchell Hutchins Institutional Investors Inc. and senior vice president of Atlanta/Sosnoff Capital Corp. Mr. Spencer was an associate at Shereff, Friedman, Hoffman & Goodman, LLP, where he specialized in representing financial services companies, and an associate at Sullivan & Cromwell LLP. Mr. Spencer received a Juris Doctor in 1980 from New York University School of Law and holds a Bachelor of Arts from Wesleyan University. We believe Mr. Spencer’s experience as a lawyer and as a senior officer of an investment firm with activities in the IT sector and in CEE and the CIS provides him with the necessary skills to serve as a member of our board of directors and enable him to provide valuable insight to the board regarding, legal, financial and investor relations issues.

Ross Goodhart

Principal, Siguler Guff

Ross Goodhart has served as a non-executive director of our board since 2009. Mr. Goodhart is a Principal at Siguler Guff and has responsibility for the portfolio management, investment evaluation, due diligence, structuring and coordination of all aspects of Siguler Guff’s Russian and CIS investment operations. Prior to joining Siguler Guff in 2003, Mr. Goodhart was an Investment Banking Financial Analyst at Peter J. Solomon Company, L.P., where he specialized in mergers and acquisitions and restructuring advisory services within a broad array of industry sectors. He is a member of the board of directors of the U.S.-Ukraine Business Council. Mr. Goodhart holds a Bachelor of Business Administration with high distinction from the Stephen M. Ross School of Business at the University of Michigan with emphases in Finance and Accounting. We believe Mr. Goodhart’s experience as an investment banker, as an officer of an investment firm with activities in the IT sector and in CEE and the CIS and in evaluating the financial prospects of companies provides him with the necessary skills to serve as a member of our board of directors and enable him to provide valuable insight to the board regarding financial and investor relations issues.

Robert Segert

Independent Director

Robert Segert has served as a non-executive director of our board since January 2012. Since 2008, Mr. Segert has been President and Chief Executive Officer and a director of GXS Worldwide, Inc. (GXS), a leading global provider of business-to-business e-commerce and data integration services that simplify and enhance business process integration, data quality and compliance, and collaboration among businesses. Prior to joining GXS in 2008, Mr. Segert spent ten years at Electronic Data Systems Corporation (EDS), a former $22 billion global technology services company, until EDS was acquired by Hewlett-Packard Company, in various capacities, including leader of the Global Financial Products Industry, Chief Marketing Officer, General Manager of U.S. Financial Services and Managing Director of Corporate Strategy and Planning. He has also held roles at A.T. Kearney and Frito-Lay, Inc. Mr. Segert received a Bachelor of Science degree in Mechanical Engineering from Purdue University and a Masters in Business Administration from Harvard Business School. We believe Mr. Segert’s 15 years of experience as an executive in the business services and consulting industry provides him with the necessary skills to serve as a member of our board of directors and enable him to provide valuable insight to the board regarding financial and investor relations issues.

Ronald P. Vargo

Independent Director

Ronald P. Vargo has served as a non-executive director of our board since January 2012. Mr. Vargo served as Executive Vice President and Chief Financial Officer of ICF International, Inc. (ICF) from April 2010 to May 2011. Prior to joining ICF, Mr. Vargo served as the Executive Vice President, Chief Financial Officer and as a member of the Executive Committee of Electronic Data Systems Corporation (EDS) from 2006 to 2008. Prior to his role as Executive Vice President and Chief Financial Officer, Mr. Vargo served in the positions of Vice President and Treasurer of EDS from 2004 to 2006 and was promoted to Co-Chief Financial Officer in March 2006. Prior to joining EDS, Mr. Vargo was employed from 1991 to 2003 by TRW, Inc. (TRW), a former $17 billion global manufacturing and service company strategically focused on providing products and services with a high technology or engineering content to the automotive, space and defense markets. TRW was acquired by Northrop Grumman Corporation in 2002. Mr. Vargo served TRW in the positions of Vice President of Investor Relations and Treasurer from 1991 to 1994, then Vice President of strategic planning and business development from 1994 to 1999, and then Vice President of Investor Relations and Treasurer again from 1999 to 2002. Mr. Vargo serves as a director of Ferro Corporation and as chair of its audit committee. Mr. Vargo holds an MBA in Finance and General Management from Stanford University and a Bachelor of Arts degree in Economics from Dartmouth College. We believe Mr. Vargo’s 30 years of experience as a financial and business executive, and his experience as a member of the board of directors of a public company, provides him with the necessary skills to serve as a member of our board of directors and enable him to provide valuable insight to the board regarding financial and investor relations issues.

Board of Directors

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