Ashok Vemuri is the former CEO of Conduent Incorporated, where he led from January 2017 until August 2019. He took the reins during a critical time for the company and oversaw its transition after separating from Xerox. Vemuri had a...

Ashok Vemuri is the former CEO of Conduent Incorporated, where he led from January 2017 until August 2019. He took the reins during a critical time for the company and oversaw its transition after separating from Xerox. Vemuri had a significant corporate background, previously serving as CEO of IGATE and in various leadership roles at Infosys over 14 years. Under his leadership at Conduent, he faced challenges including unmet performance goals in 2019, which affected his total compensation that year, totaling $657,736, with no bonuses awarded. Interestingly, he had most of his wealth tied up in earnings from the company, often trading large amounts of stocks monthly. For instance, in September 2019, he bought shares worth $8.24 million, showing his commitment to Conduent’s future. However, in 2019, as he prepared to exit his CEO role, he signed an agreement that ensured he would assist during the transition to his successor, which added an interesting dynamic to his departure. Vemuri's journey reflects both the volatility of corporate leadership and the importance of strategic timing in business.