Mark W. Begor has been the CEO of Equifax since April 2018, bringing with him over 35 years of experience in various leadership roles at General Electric. His focus on transforming Equifax following a major cybersecurity incident in 2017 has...
Mark W. Begor has been the CEO of Equifax since April 2018, bringing with him over 35 years of experience in various leadership roles at General Electric. His focus on transforming Equifax following a major cybersecurity incident in 2017 has been key to his strategy. Under his leadership, the company invested $1.5 billion in cloud technology, and there's been significant growth, with revenue increasing from $3.4 billion in 2018 to nearly $5 billion in 2021. He has also directed numerous acquisitions, totaling $3.6 billion. Mark has a background in finance, holding a Bachelor's degree from the University of Michigan. Interestingly, he has served on the board of Fair Isaac Corporation since 2016 before becoming Equifax's CEO. He has seen his total pay fluctuate greatly, with 2023 compensation reported around $2.44 million which is mostly performance-based. His approach emphasizes aligning his and the company's success with shareholder interests, focusing on performance-driven awards. Mark is now known for leading a crucial shift at Equifax to regain trust and position it as a tech-driven data and analytics leader.