Digital consulting company Cognizant has announced the appointment of Jan Sigmund as CFO, effective 1 September.
He has over 20 years experience in various leadership and executive roles, most recently serving as CFO of capital management company, Automatic Data Processing.
Sigmund will succeed Karen McLoughlin, who will continue in the CFO role through August 31, 2020, and will remain with the company in an advisory role through December 31, 2020.
McLoughlin has been with Cognizant since 2003 and has served as CFO for eight years.
CEO Brian Humphries added: “Jan is an accomplished executive with a wealth of experience in finance, strategy and general management.
“He has the right set of leadership attributes and industry experience to help drive the continued execution of our strategic growth plan. We look forward to welcoming him to the team on 1 September.”
He continued: “Karen has been an outstanding CFO and business partner, and has also been an invaluable resource for me during my first year with the company.
“We are not only thankful for her significant contributions over her tenure, but also for her commitment to ensuring a smooth CFO transition. On behalf of everyone at Cognizant, I wish Karen the very best in her next endeavors.”