A free inside look at Cognizant Technology Solutions salary trends based on 875 salaries wages for 287 jobs at Cognizant Technology Solutions. COGNIZANT TECHNOLOGY SOLUTIONS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Speaking on the New Signature acquisition that the company announced just a couple of days ago, Brian said that it would provide the foundation for a dedicated Microsoft business group within Cognizant.The growth was negated with double digit decline in travel and hospitality, retail and consumer goods, which the company expects to be under pressure for the rest of the year as wellProviding an overview of the performance of the various business segments, Karen McLoughlin, CFO, said the financial services' vertical decline of 4.3 per cent (YoY) was a result of softness in both banking and insurance, with capital markets, which is roughly 40 per cent of total banking revenue continuing to be under severe pressure.Nasdaq-listed IT major Cognizant Technologies reported revenues of $4 billion dollars, decline of 3.4 per cent year-on-year (YoY) for the second quarter of 2020. The revenue decline included a negative impact of 120 basis point from the complete exit of non-strategic content service business, which the company had announced earlier last year and also a 90 basis points negative impact from the ransomware attack on the fulfilment side. Of this total $375,000was received as a salary, $750,000was received as a bonus, $0was received in stock options, $28,021,570was awarded as stock and $87,774came from other types of compensation. I'm confident that our digital momentum will continue given the strength of leading indicators," he added. "We still expect annualised gross run rate savings of $500 million to $550 million in 2021 and charges to be in the $170 million to $200 million range," said Karen.The company sees the operating margins to be around 15 per cent for the full year. The current CFO Karen McLoughlin, who has been with the company for 8 years, will however remain in an advisory role till the end of 2020.Products and resources saw a growth of 5 per cent.
The move is expected to benefit over 1,30,000 Cognizant employees in India. As Former CEOat COGNIZANT TECHNOLOGY SOLUTIONS CORP, Francisco D¡_Souzamade $29,234,344in total compensation. Francisco D'Souza (born 23 August 1968 ) is an Indian American entrepreneur and businessman, who is the former CEO and Vice Chairman of Cognizant — a Fortune 200 global professional services company — co-founded the NASDAQ-100 company in 1994. Cognizant CEO Francisco D'Souza took home $11.95 million as annual compensation last year, making him the top paid CEO among peers such as Vishal Sikka of Infosys, N Chandrasekaran of TCS and Abidali Neemuchwala of Wipro.
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