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- Departure of CEO (new) — A senior executive (President and division head) is leaving the company, which is a material leadership change.
EXL President Vivek Jetley resigns to become CEO of Hexaware Technologies
Filed September 2, 2026 · Period ending August 31, 2026 · ~1 min read
Key Changes
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Vivek Jetley, President and Head of Insurance, Healthcare and Life Sciences, will resign effective October 26, 2026.
Item 5.02 verify on EDGAR → -
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Jetley is leaving to pursue an opportunity outside the company, specifically to become CEO of Hexaware Technologies.
Item 5.02 verify on EDGAR → -
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The company states the resignation did not result from any disagreement with operations, policies, or practices.
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Jetley will remain in his role until October 26, 2026 to assist with an orderly transition; his duties will be assumed by other management team members.
Item 5.02 verify on EDGAR →
Summary
ExlService Holdings announced that Vivek Jetley, President and Head of Insurance, Healthcare and Life Sciences, will resign effective October 26, 2026 to become CEO of Hexaware Technologies. Jetley will remain in his current role until that date to assist with an orderly transition, and his responsibilities will be absorbed by other members of the management team. The company stated that the resignation did not result from any disagreement with the company, its board, or management regarding operations, policies, or practices.
For investors, the departure of a senior executive who leads a major business segment is a notable leadership change. However, the company has provided a transition period and expressed confidence in its existing leadership team to maintain execution on its data and AI strategy. The fact that Jetley is leaving for a CEO role at another company, rather than due to internal conflict, may mitigate concerns about underlying issues at EXL.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Mr. Jetley is resigning to pursue an opportunity outside the Company.
The filing states the resignation is to pursue an outside opportunity, not due to any disagreement with the company, its board, or management.
Added in current filing · verify on EDGAR →
Mr. Jetley’s resignation did not result from any disagreement with the Company, its Board of Directors, or management regarding the Company’s operations, policies, or practices.
The company explicitly states the departure is not the result of any disagreement, which reduces concern about internal conflict.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
effective October 26, 2026, Vivek Jetley, president and head of Insurance, Healthcare and Life Sciences is departing EXL to assume the role of Chief Executive Officer of Hexaware Technologies Limited.
Vivek Jetley, who leads EXL's insurance, healthcare and life sciences businesses, will leave the company on October 26, 2026 to become CEO of Hexaware Technologies. He will remain in his current role during the transition period.
Added in current filing · view on EDGAR →
He will continue to serve in his current role and assist with the transition of his responsibilities over the coming months.
Jetley will stay on through the transition to help hand off his responsibilities, which reduces the risk of operational disruption.
Show 1 minor / wording change
Added in current filing · view on EDGAR →
EXL is fortunate to have a fantastic leadership team and a deep bench of talent, and we will not miss a beat in executing on our data and AI strategy.
CEO Rohit Kapoor expressed confidence that EXL's existing leadership team can absorb the departure without disrupting its data and AI strategy.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify