Cognizant is an IT services and consulting firm founded in 1994 with headquarters in New Jersey. It has over 230,000 employees worldwide and annual revenue of $12.4 billion. Francisco D'Souza has served as CEO since 2006 and expanded the employee base from 55,000 to over 230,000 under his leadership. Lakshmi Narayanan is the Vice Chairman and has played a key role in developing Cognizant's strategy and India operations over his 25+ year career. The Board of Directors oversees committees on audit, compensation, and corporate governance.