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AI English summary of an SEC filing — figures as filed

Cognizant logoCognizant CTSH

The company said Robert Telesmanic notified it that he will retire from his role as SVP, Controller and Chief Accounting Officer effective May 23, 2025, and that its Board approved the appointment of Alina Kerdman to the role on July 1, 2025 May 28.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Robert Telesmanic notified it that he will retire from his role as SVP, Controller and Chief Accounting Officer effective May 23, 2025, and that its Board approved the appointment of Alina Kerdman to the role on July 1, 2025 May 28.

  2. The company said Telesmanic will remain with it as a non-executive officer and special advisor until December 31, 2025 to support an orderly transition of responsibilities.

  3. The company said Kerdman is 44 years old, joined the company in 2010 and has served as SVP, Assistant Global Controller since December 2023. She served as VP, Global Revenue Controller and Head of External Reporting from June 2019 to December 2023.

  4. The company said Kerdman's Offer Letter provides for annual target compensation of $1,200,000 (base salary of $400,000, annual cash incentive target of $200,000, PSUs of $300,000 and RSUs of $300,000). It said her transition awards, granted on July 1, 2025, consist of RSUs of $150,000 and PSUs of approximately $50,411.

Summary

AI-written

Analysis scope · Filing body only (exhibits excluded)We analyzed the filing body only. The exhibits exceeded the length limit and were excluded, so figures, financial statements and presentation materials in them were not reviewed.

Chief Accounting Officer Retirement Notice and Successor Appointment

The company said Robert Telesmanic notified it that he will retire from his role as SVP, Controller and Chief Accounting Officer effective May 23, 2025, and that its Board approved the appointment of Alina Kerdman to the role on July 1, 2025 May 28.

Source · Based on the filing body (exhibits excluded)

Predecessor's Role in Transition Support

The company said Telesmanic will remain with it as a non-executive officer and special advisor until December 31, 2025 to support an orderly transition of responsibilities.

Source · Based on the filing body (exhibits excluded)

Background of New Chief Accounting Officer Kerdman

The company said Kerdman is 44 years old, joined the company in 2010 and has served as SVP, Assistant Global Controller since December 2023. She served as VP, Global Revenue Controller and Head of External Reporting from June 2019 to December 2023.

Source · Based on the filing body (exhibits excluded)

Offer Letter Annual Target and Transition Compensation

The company said Kerdman's Offer Letter provides for annual target compensation of $1,200,000 (base salary of $400,000, annual cash incentive target of $200,000, PSUs of $300,000 and RSUs of $300,000). It said her transition awards, granted on July 1, 2025, consist of RSUs of $150,000 and PSUs of approximately $50,411.

Source · Based on the filing body (exhibits excluded)

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.