Board of Directors
Mr. Kapoor 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. Mr. Kapoor served as our President and CEO from May 2008 to March 2012, as our Chief Financial Officer (“CFO”) from November 2002 until June 2005 and from September 2006 to March 2007, as our Chief Operating Officer from June 2007 until April 2008 and as President and CFO of EXL Inc. since August 2000. Prior to founding EXL Inc., Mr. Kapoor served as a business head of Deutsche Bank from July 1999 to July 2000. From 1991 to 2000, Mr. Kapoor served in various capacities at Bank of America in the United States and Asia, including India. Mr. Kapoor is the Chairman of the National Association of Software and Services Companies (“NASSCOM”) BPM Council. Since March 2014, Mr. Kapoor has been a director of the New York Tri-State chapter of Pratham USA, a non-profit organization. Mr. Kapoor joined the Board of Directors of the America India Foundation (AIF), a non-profit organization, in January 2018.
Garen K. Staglin
Mr. Staglin has served as our Chairman since February 2014 and as a member of our board of directors since June 2005. Mr. Staglin has over 40 years of experience in the financial services and technology industries. From 2001 to 2004 he was Chief Executive Officer of eONE Global LP, an emerging payments company, and from 1993 – 1999 he was CEO of Safelite Auto Glass, a provider of glass claim solutions. Mr. Staglin serves on the boards of directors of several public and private companies and non-profit corporations. In the past seven years, Mr. Staglin has served on the public company board of directors of Bottomline Technologies, Inc. and of Solera Holdings, Inc. and is currently serving on the board of SVB Financial Group (NASDAQ: SIVB). Additional prior public board experience includes First Data Corporation, CyberCash, Inc., and Quick Response Services. Private board experience includes Specialized Bicycle, NVoice Payments, Profit Velocity Solutions, and Winecountry.com. Non-profit board experience includes One Mind, BringChange2Mind and the UCLA Centennial Capital Campaign.
Ms. Kerr has served as a member of our board of directors since January 2015. Ms. Kerr is a proven technology executive with over 30 years of experience across multiple industries. Ms. Kerr serves as a Managing Director with Warburg Pincus, one of the leading global private equity firms. Ms. Kerr previously served as the Executive Vice President and Chief Product and Technology Officer at Sabre Corporation (NASDAQ: SABR) from 2013-2017. Prior to her appointment to Sabre Corporation, Ms. Kerr served as Executive Vice President, Chief Product and Technology Officer at Fair Isaac Corporation (FICO) from 2009 until 2012. Ms. Kerr previously held senior leadership roles with Hewlett-Packard, Peregrine Systems and NASA's Jet Propulsion Laboratory. Ms. Kerr serves as an Independent Director of NetApp (NASDAQ:NTAP), a hybrid cloud and data services company, Chico's FAS, Inc. (NYSE:CHS), a specialty retailer of women's apparel, and International Airlines Group (LON:IAG), a multinational airline holding company. She was previously a member of the boards of directors of D+H Corporation (TSX:DH) and Mitchell International Inc. and was Chair of the Technology Committee.
David B Kelso
Mr. Kelso has served as a member of our board of directors since July 2006. Mr. Kelso is a financial advisor for Kelso Advisory Services, a company he started in 2003. Mr. Kelso served as a senior advisor to Inductis, Inc. from June 2004 through June 2006 at which time the firm was acquired by EXL. From September 2001 through September 2003, Mr. Kelso served as Chairman of the Aetna Life Insurance Co. as well as the Executive Vice President, Strategy and Finance and a member of the Office of the Chairman for Aetna, Inc. From 1996 to 2001, Mr. Kelso was Executive Vice President, Chief Financial Officer and Managing Director of the Chubb Corporation. Mr. Kelso currently serves on the Board of Directors of the Sound Shore Fund where he is the lead independent director and Chair of the Audit, Nominating, and Valuation Committees and serves as a member of the Board of Trustees of the Darden School Foundation of the University of Virginia Darden School of Business. From 2005 to 2010, Mr. Kelso was a member of the Board of Directors of Aspen Holdings Limited. From 2007 to 2015, Mr. Kelso served on the Board of Assurant, Inc. and was a member of its Audit Committee and Finance & Investment Committee.
Anne E. Minto
Ms. Minto has served as a member of our board of directors since March 2013. Ms. Minto is a qualified lawyer and member of the Law Society of Scotland. She is a Fellow of the Chartered Institute of Management and the City and Guilds of London Institute. She was Group Director Human Resources and a member of the executive committee at Centrica plc from 2002 until her retirement in 2011. Ms. Minto previously held senior management roles at Shell UK and Smiths Group plc and was Deputy Director-General of the Engineering Employer’s Federation. She served as a non-executive director of Shire Plc until 2019.Based in the UK, Ms. Minto is a non-executive director of Tate & Lyle plc (LSE: TATE) where she serves Chairman of Remuneration Committees of both companies. She is also non-executive director of the Court of the University of Aberdeen and Chairman of the University of Aberdeen Development Trust. She was awarded an OBE in 2000 for services to the engineering industry in the UK.
Clyde W. Ostler
Mr. Ostler has served as a member of our board of directors since December 2007. At the time of his retirement in 2011, Mr. Ostler was a Group Executive Vice President of Wells Fargo & Co., Vice Chairman of Wells Fargo Bank California NA, and President of Wells Fargo Family Wealth. Mr. Ostler served in many capacities during his forty years tenure with Wells Fargo, including 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. Mr. Ostler also served on the Senior Management Committee of Wells Fargo for over twenty-five years. Mr. Ostler has also served on several for-profit and non-profit boards of directors. Mr. Ostler was appointed to the board of The McClatchy Company (NYSE: MNI) in March 2013.
Mr. Sahney has served as a member of our board of directors since January 2016. He is a leader in the healthcare industry with over 25 years of experience across all areas of healthcare. In 2016, Mr. Sahney is the founder and CEO of PharmaCord, LLC, a company that helps biopharma manufactures address product access hurdles. He held leadership positions with Clayton Dubilier & Rice funds and Cardinal Healthcare. Mr. Sahney is the former President and CEO of Omnicare Inc., a former New York Stock Exchange-listed Fortune 500 Company in the long-term care and specialty care industries. Prior to Omnicare, Mr. Sahney managed a healthcare investment fund, and was the Founder and CEO of RxCrossroads, a specialty pharmaceutical company. Mr. Sahney is a board member at Option Care Enterprises, a leading providers of home infusion service
Mr. Mittal has served as a member of our board of directors since December 2013. Mr. Mittal has more than 30 years of experience in and has held various corporate leadership roles in the IT industry, including at companies such as Wipro, Digital, Compaq and HP. He has directly managed and been intimately associated with the outsourcing industry. Mr. Mittal served as Chairman & President of National Association of Software and Services Companies ("NASSCOM"), a trade body for the IT and business process management industries in India from 2008 through January 2014. He also has an extensive experience in the engineering and automotive sectors, having held executive roles with Larsen and Tourbo, Escorts and Denso. Mr. Mittal was appointed as a board member to Cyient Ltd. (NSE: CYIENT) in April 2014, TATA SIA Airlines in July 2015, and Sheela Foam Ltd. (NSE: SFL) in June 2016. He is a former member of the Board of Governors of Indian Institute of Corporate Affairs and also served as an Independent Director of Axis Bank (NSE: Axis) from October 2011 till 2019. Mr. Mittal has been a committee member with the Indian Prime Minister's National e-Governance Program and has been part of several committees of the Government of India. Besides being an Advisor to several companies, he is a Member of the Governing Body of Axis Bank Foundation a non-Profit organization and also deeply associated with technical education as he is on the Board of Governors of several academic institutions.
Jaynie M. Studenmund
Ms. Studenmund joined the EXL board of directors in September, 2018. She has a broad background as both a public board member and C-suite operating executive, primarily in digital, financial services, health care, and consumer businesses.
In 2019 she joined the board of Pacific Premier Bancorp (NASDAQ: PPBI), a top performing regional bank based in Southern California. Since 2012, she has served on the board for CoreLogic, Inc. (NYSE: CLGX), a leading provider of property data, analytics, and services. Since 2004, she has been a board member for Western Asset Management funds, one of the largest global fixed income investment managers. Prior board service includes Pinnacle Entertainment, LifeLock, Orbitz Worldwide, eHarmony, and aQuantive. In the non-profit area, Ms. Studenmund is a life trustee and board Chair at Huntington Hospital, a leading regional, teaching hospital and is a founder and board member for the Enduring Heroes Foundation. She is a NACD Board Leadership Fellow.
Vikram S. Pandit
Vikram S. Pandit is the Chairman and Chief Executive Officer of The Orogen Group, an operating company he created with Atairos Group in 2016 that makes control and other strategic investments in financial services companies and related businesses.
Mr. Pandit spent his career in financial services beginning at Morgan Stanley in 1983 and where he ultimately became President and Chief Operating Officer of the company's institutional securities and investment banking businesses. Mr. Pandit left Morgan Stanley to become a founding member and chairman of the members committee of Old Lane, LP.
In 2007, Old Lane was acquired by Citigroup and Mr. Pandit became Chairman and CEO of Citi Alternative Investments and later led Citi's Institutional Clients Group. He became CEO of Citigroup in December 2007 and left in October 2012.
Mr. Pandit is a member of the Board of Directors of Virtusa Corporation, Fair Square Financial Holdings, JM Financial Credit Solutions Ltd., and Bombardier Inc. Mr. Pandit is a member of the Board of Overseers of Columbia Business School and a member of the Board of Visitors of Columbia Engineering.
Mr. Pandit earned B.S. and M.S. degrees in engineering from Columbia University and received his Ph.D. in finance from Columbia in 1986.