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EPAM Systems Executive Compensation (FY25)

EPAM · Newtown, PA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 26, 2026
332 figures on this page: 321 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Balazs Fejes, President and Chief Executive Officer, received $5,244,588 in total compensation for fiscal 2025, and Fejes' total was 4.8% higher than the $5,006,189 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 186:1, against median employee compensation of $38,570. For fiscal 2025, shareholders backed the say-on-pay proposal with 95.1% of votes cast including abstentions in favor at the meeting held May 21, 2026. The disclosed peer group includes Akamai Technologies, Inc., ASGN Incorporated, Autodesk, Inc., Cadence Design Systems, Inc. and CGI Inc., among others.
Chief executive, fiscal 2025
◇
Balazs Fejes
Median of the other named officers
$2,944,083
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Balazs Fejes: $5,006,189 → $5,244,588 (4.8% higher)
Say-on-pay support: 94.0% → 95.1% (1.1 points higher)
CEO pay ratio: 219:1 → 186:1 (15.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is EPAM Systems' chief executive and what were they paid?
Balazs Fejes, President and Chief Executive Officer, received $5,244,588 in total compensation for fiscal 2025. Fejes' total was 4.8% higher than the $5,006,189 reported for fiscal 2024.
What was EPAM Systems' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 95.1% of votes cast including abstentions in favor at the meeting held May 21, 2026.
Which companies are in EPAM Systems' peer group?
The disclosed peer group includes Akamai Technologies, Inc., ASGN Incorporated, Autodesk, Inc., Cadence Design Systems, Inc. and CGI Inc., among others.
What is EPAM Systems' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 186:1, against median employee compensation of $38,570.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arkadiy Dobkin
Chairman of the Board of Directors, President and Chief Executive Officer
◇—◇◇◇—◇◇
Balazs Fejes
President of EU and APAC Markets
◇—◇◇◇——◇
Jason Peterson
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Larry Solomon
Senior Vice President, Chief People Officer
◇—◇◇◇—◇◇
Viktar Dvorkin
Senior Vice President, Head of Global Delivery
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arkadiy Dobkin
President and Chief Executive Officer
◇—◇◇◇—◇◇
Jason Peterson
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Balazs Fejes
President of EU and APAC Markets
◇—◇◇◇——◇
Viktar Dvorkin
Senior Vice President, Head of Global Delivery
◇—◇◇◇—◇◇
Larry Solomon
Senior Vice President and Chief People Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arkadiy Dobkin
President and Chief Executive Officer
◇—◇◇◇—◇◇
Balazs Fejes
President of Global Business and Chief Revenue Officer
◇—◇◇◇——◇
Jason Peterson
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Larry Solomon
Senior Vice President, Chief People Officer
◇—◇◇◇—◇◇
Viktar Dvorkin
Senior Vice President, Head of Global Engineering, Cloud and Platforms
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arkadiy Dobkin
Executive Chair
◇—◇—◇—◇◇
Balazs Fejes
President and Chief Executive Officer
◇—◇—◇——◇
Jason Peterson
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Viktar Dvorkin
Senior Vice President, Global Head of Advanced Engineering, Cloud and Enterprise Platforms
◇—◇—◇—◇◇
Larry Solomon
Senior Vice President, Chief People Officer and Head of Operations
◇—◇—◇—◇◇
Elaina Shekhter
Senior Vice President, Chief Strategy and Transformation Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Arkadiy DobkinPSU◇◇◇—◇—◇
Arkadiy DobkinRSU◇——◇——◇
Balazs FejesPSU◇◇◇—◇—◇
Balazs FejesRSU◇——◇——◇
Balazs FejesRSU◇——◇——◇
Elaina ShekhterPSU◇◇◇—◇—◇
Elaina ShekhterRSU◇——◇——◇
Jason PetersonRSU◇——◇——◇
Jason PetersonPSU◇◇◇—◇—◇
Larry SolomonRSU◇——◇——◇
Larry SolomonPSU◇◇◇—◇—◇
Viktar DvorkinPSU◇◇◇—◇—◇
Viktar DvorkinRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Balazs FejesRSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Jason PetersonRSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Viktar DvorkinRSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Larry SolomonOption◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Elaina ShekhterOption◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Arkadiy DobkinOption◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
Option◇—◇—
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Karl Robb
◇◇———◇◇
Ronald Vargo
◇◇————◇
Richard Michael Mayoras
Lead independent director
◇◇————◇
Helen Shan
◇◇————◇
Jill Smart
◇◇————◇
Eugene Roman
◇◇————◇
Chandra McMahon
◇◇————◇
Robert E. Segert
◇◇————◇
DeAnne Aguirre
◇◇————◇
Arkadiy Dobkin and Balazs Fejes served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee member◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Akamai Technologies, Inc. AKAM
  • ASGN Incorporated EFOR
  • Autodesk, Inc. ADSK
  • Cadence Design Systems, Inc. CDNS
  • CGI Inc. GIB
  • Cognizant Technology Solutions CTSH
  • Fortinet, Inc. FTNT
  • Gartner, Inc. IT
  • Genpact Limited G
  • Open Text Corporation OTEX
  • PTC Inc. PTC
  • Science Applications International Corp. SAIC
  • SS&C Technologies Holdings, Inc. SSNC
  • Verisk Analytics, Inc. VRSK

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 31, 2024=◇◇◇
2022June 2, 2023=◇◇◇
2021June 2, 2022=◇◇◇
2020April 12, 2021=◇◇◇
2019June 9, 2020=◇◇◇
2018June 5, 2019=◇◇◇
2017June 6, 2018=◇◇◇
2016June 6, 2017=◇◇◇
2015June 7, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact EPAM Systems disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where EPAM Systems sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
332 figures on this page: 321 cited to the filing that reported them, 11 calculated from figures it prints.
321 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001352010-26-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-013337
    Compensation of Directors · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table
  3. 000114036126013337
    CEO Pay Ratio
  4. 0001352010-25-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001140361-25-013035
    Summary Compensation Table
  6. 0001352010-24-000021
  7. 0001193125-24-097726
    Summary Compensation Table
  8. 0001352010-23-000032
  9. 0001193125-23-110465
    Summary Compensation Table
  10. 0001352010-22-000041
  11. 0001352010-21-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001352010-20-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001352010-19-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001352010-18-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001352010-17-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001352010-16-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “EPAM Systems executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/EPAM (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers EPAM Systems discloses

The companies named in EPAM's own disclosed peer group.

Autodesk, Inc.Cadence Design Systems, Inc.Cognizant Technology SolutionsFortinet, Inc.PTC Inc.Science Applications International Corp.SS&C Technologies Holdings, Inc.Verisk Analytics, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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