Genpact Ltd Appoints Sumita Pandit as CFO; Michael Weiner to Transition

What Happened Genpact Limited (filed on Sept 8, 2026) announced that Sumita Pandit, age 49, will become Senior Vice President and Chief Financial Officer effective September 9, 2026. The company entered into an employment agreement with Ms. Pandit dated September 3, 2026. Current CFO Michael Weiner will step down as CFO effective September 8, 2026 and remain employed in a transitional capacity through March 31, 2027. The company stated Mr. Weiner’s departure is not due to any disagreement over accounting or financial reporting.

Key Details

• Base salary and bonus: Ms. Pandit’s annual base salary is $750,000 and her target annual cash bonus is 120% of base salary; both subject to annual Board review.
• One-time and equity awards: She is eligible for a $3,000,000 one‑time hiring bonus payable $400,000 (Dec 2026) and $2,600,000 (Dec 2027) subject to satisfactory performance. She will be granted a 2026 PSU award and an RSU award each with a grant-date target value of $2,675,000 (PSUs vest based on performance; RSUs vest in three equal annual installments).
• Severance and benefits: If terminated by the company without “cause” or she leaves for “good reason,” severance includes 6 months’ base salary plus one week per year of service (up to 12 weeks), a prorated target bonus for the year, and company-paid health coverage costs for 18 months; accelerated vesting rules apply in certain change‑of‑control scenarios.
• Other terms: Employment may be terminated at any time; severance is conditioned on a general release and compliance with non‑compete, non‑solicit, confidentiality and non‑disparagement covenants. The agreement includes a Section 280G “best pay” provision to protect against excise taxes on change‑of‑control payments.

Why It Matters A CFO change is material for investors because the CFO leads financial reporting, investor communications and controls. The new CFO brings a background in finance and payments/fintech leadership (prior roles at Radian, dLocal, J.P. Morgan and Goldman Sachs). The compensation and severance terms (notably the $3M one‑time bonus and equity grants) are sizable and could affect executive expense and future dilution depending on vesting outcomes. The filing confirms an orderly transition with the outgoing CFO remaining through March 2027, which may reduce near‑term operational disruption.