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Exlservice Holdings Inc (EXLS.OQ)

EXLS.OQ on NASDAQ Stock Exchange Global Select Market

65.45USD
21 Oct 2019
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Summary

Name Age Since Current Position

Garen Staglin

74 2014 Independent Chairman of the Board

Pavan Bagai

57 2012 President, Chief Operating Officer

Rohit Kapoor

54 2012 Vice Chairman of the Board, Chief Executive Officer

Vishal Chhibbar

51 2012 Chief Financial Officer, Executive Vice President

Nalin Miglani

58 2014 Chief Human Resource Officer, Executive Vice President

Vikas Bhalla

47 2014 Executive Vice President and Head of Insurance

Samuel Meckey

48 2019 Executive Vice President, Business Head, Healthcare

Nagaraja Srivatsan

52 2016 Executive Vice President, Chief Growth Officer

Ajay Ayyappan

41 2018 Senior Vice President, General Counsel and Corporate Secretary

Sonila Pokharia

2019 Chief Compliance and Ethics Officer

David Kelso

66 2006 Independent Director

Deborah Kerr

47 2015 Independent Director

Anne Minto

65 2013 Independent Director

Som Mittal

67 2013 Independent Director

Clyde Ostler

72 2007 Independent Director

Vikram Pandit

62 2018 Independent Director

Nitin Sahney

56 2016 Independent Director

Jaynie Studenmund

65 2018 Independent Director

Biographies

Name Description

Garen Staglin

Mr. Garen K. Staglin is Independent Chairman of the Board of the EXLSERVICE HOLDINGS, INC.Mr. Staglin has over 40 years of experience in the financial services and technology industries. Mr. Staglin's business experience and directorships are detailed below. The Company has concluded, based in part on Mr. Staglin's experience in the financial services and technology industries and his past experience as a member of public company boards of directors, that Mr. Staglin should serve as a director. Chief Executive Officer of eONE Global LP, an emerging payments company (2001 – 2004), Chief Executive Officer of Safelite Auto Glass, a provider of glass claim solutions (1993 – 1999), Senior Advisor and Advisory Director, FTV Capital, a private global investment company (2004 – present), Vice Chairman, Profit Velocity Solutions, a manufacturing analytics firm (2007 – present), Chairman, Nvoice Payments, an electronic payment service provider (2010 – present), Advisory Director, Specialized Bicycle, a manufacturer of cycling equipment (1995 – 2014), Other directorships completed prior to 2014 include: Bottomline Technologies, a provider of payment and invoice automation software and services (2007 – 2012); Solera Holdings, a public automotive insurance software service provider (2005 – 2011); First Data Corporation, a payments solutions provider (1992 – 2003); and Global Document Solutions, a private document processing outsourcing company (2005 – 2010).

Pavan Bagai

Mr. Pavan Bagai is President, Chief Operating Officer of the EXLSERVICE HOLDINGS, INC. Mr. Bagai has served as our President and Chief Operating Officer since April 2012, as our Chief Operating Officer from May 2008 to March 2012 and as Vice President, Head of Outsourcing Services of EXL India from June 2006 until April 2008. He previously served as Vice President, Research and Analytics of EXL India from December 2004 to May 2006, as Vice President, Operations of EXL India from November 2003 to November 2004 and as Vice President, Strategic Businesses of EXL India from July 2002 to November 2003. Prior to joining us, Mr. Bagai served in various capacities in several business areas across markets in Europe and Asia, including India, at Bank of America beginning in 1985.

Rohit Kapoor

Mr. Rohit Kapoor is Vice Chairman of the Board, Chief Executive Officer EXLSERVICE HOLDINGS, INC.. Mr. Kapoor is co-founded EXL Inc. in April 1999 and has served as our Vice Chairman and CEO since April 2012 and as a director since November 2002. He previously served as our President and CEO from May 2008 to March 2012. Mr. Kapoor's business experience and directorships are detailed below. The Company has concluded that, in connection with Mr. Kapoor's experience as a founder and current role as CEO of the Company, Mr. Kapoor should serve as a director. Vice Chairman and CEO (2012 – present), President and CEO (2008 – 2012), Various senior leadership roles, including CFO and COO (2000 – 2008). Business head, Deutsche Bank, a financial services provider (1999 – 2000), Various capacities at Bank of America in the United States and Asia, including India (1991 – 1999), Director and member of the audit committee, CA Technologies, Inc., a software services company (NASDAQ: CA) (2002 – 2018), Chairman, National Association of Software and Services Companies ("NASSCOM") BPM Council. Member, Board of Directors, America India Foundation (AIF),

Vishal Chhibbar

Mr. Vishal Chhibbar is no longer as Chief Financial Officer and Executive Vice President of the EXLSERVICE HOLDINGS, INC. Effective December 13, 2019. Mr. Chhibbar has served as our Executive Vice President and CFO since April 2012 and as our CFO since June 2009. He has over 25 years of professional experience in finance. Prior to joining us, Mr. Chhibbar was with GE Capital in various leadership roles. Since 2005, Mr. Chhibbar has served as the Regional Head, Group Financial Planning for Strategy and Treasury for GE Capital, Australia and New Zealand. In 2004 and 2005, Mr. Chhibbar was Chief Financial Officer for GE Capital, South Korea. From 1998 to 2004, Mr. Chhibbar was the Chief Financial Officer for GE Capital, Indonesia and Malaysia. Mr. Chhibbar is a Chartered Accountant and an Associate Member of CPA, Australia.

Nalin Miglani

Mr. Nalin Kumar Miglani is Chief Human Resource Officer, Executive Vice President of the EXLSERVICE HOLDINGS, INC. Mr. Miglani has served as our Executive Vice President, Chief Human Resource Officer since December 2014. Mr. Miglani is responsible for the global human resources function at the Company. Prior to joining the Company, he was the Chief HR and Corporate Development Officer for Nutreco, based in Amsterdam, Netherlands, from March 2013 to November 2014. Mr. Miglani also served as the Chief HR and Communications Officer for Tata Global Beverages Company, London, UK, from June 2008 to February 2013. In addition, Mr. Miglani held various global and regional HR leadership roles around the world during his career at The Coca-Cola Company and British American Tobacco.

Vikas Bhalla

Mr. Vikas Bhalla is Executive Vice President and Head of Insurance of the EXLSERVICE HOLDINGS, INC. Mr. Bhalla has served as our Executive Vice President and Head of Insurance since January 2014, and as our Head of Outsourcing since November 2009. He previously served as Vice President, Operations of EXL India from June 2006 to October 2009 and as Vice President, Migrations, Quality and Process Excellence of EXL India from April 2002 to June 2006 and as Director, Quality Initiatives of EXL India from May 2001 to March 2002. From May 1998 to May 2001, Mr. Bhalla served in various capacities at General Electric, including as the Quality Leader and E-Business Leader for GE Plastics India.

Samuel Meckey

Mr. Samuel Meckey is Executive Vice President, Business Head, Healthcare of the Company. Sam joined EXL in 2018 as Executive Vice President and a member of the Executive Committee. Previously, Sam served as President of Optum Global Solutions, overseeing the company's global operations and technology services organization. He held numerous executive roles with UnitedHealth Group, including Senior Vice President, Population Health, and Chief Operating Officer, Care Management and Advocacy. Prior to joining UnitedHealth Group, Sam was an officer and a pilot in the United States Navy. He holds a bachelor's degree in Economics from the United States Naval Academy, and an MBA from Harvard Business School.

Nagaraja Srivatsan

Mr. Nagaraja Srivatsan is no longer Executive Vice President, Chief Growth Officer of the EXLSERVICE HOLDINGS, INC., effective October 31, 2019. Mr. Srivatsan joined the Company as Executive Vice President and Chief Growth Officer in December 2016. Mr. Srivatsan is responsible for overseeing our sales and marketing, consulting, and strategy functions. Previously, he worked at Cognizant Technology Services beginning in 2002, where he served as Senior Vice President and Venture Partner, working with emerging businesses and ventures in the healthcare and life science industry. Mr. Srivatsan was Senior Vice President of Client Solutions at Silverline Technologies from 2001 to 2002, Chief technology Officer and Executive Vice President of Global Delivery at SeraNova from 1998 to 2001, and a Director at SEI Information Technology from 1992 to 1998.

Ajay Ayyappan

Mr. Ajay Ayyappan is Senior Vice President, General Counsel and Corporate Secretary of the Company. Mr. Ayyappan has served as our Senior Vice President, General Counsel and Corporate Secretary since December 2018 and our Vice President, Acting General Counsel and Corporate Secretary since August 2018. He previously served as Vice President, Deputy General Counsel and Assistant Secretary from April 2014 to August 2018 and Vice President and Assistant General Counsel from March 2007 to March 2014. Prior to joining us, Mr. Ayyappan was a corporate associate at the law firm of Morgan, Lewis & Bockius LLP.

Sonila Pokharia

Ms. Sonila Pokharia is Chief Compliance and Ethics Officer of the company. Ms. Pokharia brings significant operational compliance experience to this role. Joining EXL in 2001, Pokharia most recently led service delivery for EXL's Life and Annuities business where she made significant contributions to strengthening capabilities and growing revenue. In addition to managing key client relationships, she was also instrumental in establishing service delivery centers in Manila, Philippines and Richmond, VA.

David Kelso

Mr. David B. Kelso is Independent Director of the EXLSERVICE HOLDINGS, INC. Mr. Kelso is a financial advisor for Kelso Advisory Services, a company he started in 2003. Mr. Kelso's business experience and directorships are detailed below. The Company has concluded, based in part on Mr. Kelso's business experience with Inductis, his management and operating experience at major public companies, his expertise in finance, strategy and investments, and his board and committee service at other global companies, that Mr. Kelso should serve as a director. Financial Advisor, Kelso Advisory Services (2003 – present) Senior Advisor, Inductis, Inc., a strategy and analytics company, until its acquisition by the Company (June 2004 – June 2006) Chairman, Aetna Life Insurance Co., Executive Vice President, Strategy and Finance and member of the Office of the Chairman for Aetna, Inc., a managed healthcare company (2001 – 2003) Executive Vice President, Chief Financial Officer and Managing Director, Chubb Corporation, a property and casualty insurer (1996 – 2001). Director and member of audit committee and finance & investment committee, Assurant, Inc., a global provider of risk management products and services (NYSE: AIZ) (2007 – 2015), Lead independent director and chair of the audit, nominating and valuation committees, Sound Shore Fund, an equity mutual fund (2006 – present) • Director, Aspen Holdings Limited, a property and casualty reinsurance company (2005 – 2011)

Deborah Kerr

Ms. Deborah L. Kerr is AN Independent Director of the EXLSERVICE HOLDINGS, INC. Ms. Kerr is a proven technology leader in the software industry with more than 25 years of diverse management experience. Ms. Kerr's business experience and directorships are detailed below. The Company has concluded, based in part on Ms. Kerr's experience in the technology, digital, marketing, operations and software and services industries, and her general management experience, that Ms. Kerr should serve as a director. Managing Director, Warburg Pincus, a private equity firm (2019 – present) and previously Senior Advisor (2017 – 2019) Executive Vice President and Chief Product and Technology Officer, Sabre Corporation (NASDAQ: SABR), a global technology company (2013 – 2017) Executive Vice President, Chief Product and Technology Officer, Fair Isaac Corporation (FICO), an analytics software company (2009 – 2012) Prior senior leadership roles with Hewlett Packard, Peregrine Systems and NASA's Jet Propulsion Laboratory Director and member of the audit committee, International Airlines Group (BMAD: IAG, LSE: IAG) (2018 – present) Director and member of the audit committee, NetApp (NASDAQ: NTAP), a hybrid cloud and data services company (2017 – present) Director and member of the human resources, compensation and benefits committee, Chico's FAS, Inc., a specialty retailer of women's apparel (NYSE: CHS) (2017 – present) Director, D+H Corporation (TSX: DH), a provider of technology solutions and products to the financial industry (2013 – 2017) Director and chair of the technology committee, Mitchell International Inc., a provider of technology solutions and services to the property and casualty industry (2010 – 2013).

Anne Minto

Ms. Anne E. Minto is Independent Director of the EXLSERVICE HOLDINGS, INC. Ms. Minto is a qualified lawyer and member of the Law Society of Scotland. Ms. Minto's business experience and directorships are detailed below. The Company has concluded, based in part on Ms. Minto's extensive experience as a member of international company boards and of management in the human resources field, together with her knowledge and experience of the European business and regulatory environment, that Ms. Minto should serve as a director. Lawyer and member of Law Society of Scotland Former Group Director, Human Resources and member of the executive committee, Centrica plc, an energy and services company (2002 – 2011) Prior senior management roles at Shell UK and Smiths Group plc. Director, chairman of the remuneration committee and member of the audit and nomination committees, Tate & Lyle plc, a global provider of specialty food products (LSE: TATE) (2012 – present) Director, chairman of the remuneration committee and member of the nomination and governance committee, Shire plc, a global biopharmaceutical company (NASDAQ: SHPG, LSE: SHP) (2010 – 2018). Non-executive director, Court of the University of Aberdeen Chairman, University of Aberdeen Development Trust and University of Aberdeen Operating Board Fellow, Chartered Institute of Personnel & Development and the City and Guilds of London Institute Fellow, Chartered Institute of Management Former Deputy Director-General of the Engineering Employer's Federation.

Som Mittal

Shri. Som Mittal is Independent Director of the EXLSERVICE HOLDINGS, INC. Mr. Mittal has held various corporate leadership roles in the IT industry since 1989 and extensive experience in the engineering and automotive sectors. His business experience and directorships are detailed below. The Company has concluded, based in part on Mr. Mittal's business experience as President of NASSCOM and his knowledge of the global outsourcing industry, that Mr. Mittal should serve as a director. Chairman and President, NASSCOM, a trade body for the IT and business process management industries in India (2008 – 2014) Prior leadership roles at Wipro, and at Digital, Compaq and HP Prior executive roles at Larsen & Toubro, Escorts and Denso. Tata SIA Airlines, Ltd., an Indian airline joint venture between TATA and Singapore Airlines with Indian and international operations (2015 – present). Prior member, Board of Governors, Indian Institute of Corporate Affairs Prior Committee Member, Indian Prime Minister's National e-Governance Program Member/trustee of educational institutions and non-governmental organizations.

Clyde Ostler

Mr. Clyde W. Ostler is an Independent Director of the EXLSERVICE HOLDINGS, INC.Mr. Ostler is a retired executive of Wells Fargo and during his 40-year tenure held numerous senior leadership positions within that organization. The Company has concluded, based in part on Mr. Ostler's business experience through his positions at Wells Fargo & Company, that Mr. Ostler should serve as a director. Leadership positions within Wells Fargo including: Group Executive Vice President, Wells Fargo & Co., Vice Chairman, Wells Fargo Bank California NA, President, Wells Fargo Family Wealth, Vice Chairman in the Office of the President, Chief Financial Officer, Chief Auditor, Head of Retail Branch Banking, Head of Information Technology, Head of Institutional and Personal Investments and Head of Internet Services Served on the Senior Management Committee of Wells Fargo for over 25 years. Director, member of the audit committee and compensation committee, McClatchy Company, a publishing company (NYSE: MNI) (2013 – present), Advisory Director Emeritus, FTV Capital, a private global investment company.

Vikram Pandit

Mr. Vikram S. Pandit is Independent Director of the Company. Mr. Pandit's is Chairman and Chief Executive Officer of the Orogen Group, which makes significant long-term strategic investments in financial services companies and related businesses. Mr. Pandit's business experience and directorships are detailed below. Mr. Pandit was appointed to the Board pursuant to the terms of an Investment Agreement, dated as of October 1, 2018, between the Company and Orogen Echo LLC, an affiliate of The Orogen Group LLC. The Company has concluded, based in part on Mr. Pandit's more than 30 years of experience in the financial services industry, including his experience as Chief Executive Officer and a member of the board of directors of Citigroup Inc. (NYSE: C), that Mr. Pandit should serve as a director. Chairman and Chief Executive Officer, The Orogen Group (July 2016 – present) Chairman, TGG Group (February 2014 – June 2016) Chief Executive Officer, Citigroup Inc. (December 2007 – October 2012). Director and member of the nominating and governance and finance committees, Virtusa Corporation (NASDAQ: VRTU) (2017 – present) Director, chair of the human resources and compensation committee and member of the corporate governance and nominating committee, Bombardier Inc. (TSX: BBD) (2014 – present) Director, Citigroup Inc. (December 2007 – October 2012). Chairman, Fair Square Financial Holdings (2017 – present) Chairman, JM Financial Credit Solutions Ltd. (2014 – present) Member of the Board of Overseers of Columbia Business School Member of the Board of Visitors of Columbia School of Engineering Member of the Board of Trustees of Columbia Business School until 2016

Nitin Sahney

Mr. Nitin Sahney is Independent Director of the EXLSERVICE HOLDINGS, INC. He is a leader in the healthcare industry with over 25 years of experience across all areas of healthcare. Mr. Sahney's business experience and directorships are detailed below. The Company has concluded, based in part on Mr. Sahney's experience as CEO of Omnicare, Inc. and his expertise in the healthcare industry garnered from more than two decades of experience, that Mr. Sahney should serve as a director. Founder, Member-Manager and Chief Executive Officer, Pharmacord, LLC, a company that helps biopharma manufacturers address product access hurdles (2016 – present) Operating Advisor, Clayton Dubilier & Rice Funds, a private equity firm (2016 – 2017) President and CEO (2014 – 2015) and President and COO (2012 – 2014) of Omnicare Inc., a former New York Stock Exchange-listed Fortune 500 company in the long-term care and specialty care industries Manager of a healthcare investment fund (2008 – 2010) Founder and CEO of RxCrossroads, a specialty pharmaceutical company (2001 – 2007) Prior leadership positions with Cardinal Healthcare, a global healthcare services and products company. Director, Option Care Enterprises, Inc. (2019 – present) Member of the Board of Trustees, University of Louisville (2017 – present)

Jaynie Studenmund

Ms. Jaynie Miller Studenmund is Independent Director of the Company. She is a seasoned executive with significant experience advising and leading digital companies. Ms. Studenmund's business experience and directorships are detailed below. The Company has concluded, based in part on Ms. Studenmund's extensive public company board experience, together with her knowledge and experience in the digital, financial services, health care and consumer business sectors, that Ms. Studenmund should serve as a director. Chief Operating Officer, Overture Services, a pioneer in paid search and search engine marketing (2001 – 2004) President & Chief Operating Officer, PayMyBills, the leading consumer bill payment and presentment company (1999 – 2001) Previously for over two decades served as Executive Vice President and Head of Consumer Businesses for three of the nation's largest banks, which today form the backbone of Chase and Wells Fargo's retail franchises in California. Director and member of the compensation committee and nomination and governance committee, CoreLogic, Inc. (NYSE: CLGX) (2012 – present) Director and member of the contracts committee, audit committee and nomination and governance committee, Western Asset Management (2004 – present), a major fixed income fund, and director of affiliated funds for Western Asset Management Director, compensation committee chair and member of the compliance committee, Pinnacle Entertainment (Nasdaq: PNK) until its acquisition in 2018 (2012 – 2018) Director, compensation committee chair and member of the audit committee, Lifelock (Nasdaq: LOCK) until its acquisition in 2017 (2015 – 2017). NACD Board Leadership Fellow Life trustee and board chair, Huntington Hospital.

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