Conduent (NASDAQ: CNDT) ends CTO Mark Prout’s employment without cause
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Conduent Incorporated reported a change in its senior leadership. The employment of Mark Prout, who served as Executive Vice President and Chief Information and Technology Officer, was terminated without cause, effective March 24, 2026. Under this separation, he will receive compensation and benefits in line with the company’s U.S. Executive Severance Policy, indicating that his departure is being handled according to existing executive severance arrangements.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 24, 2026
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (844 ) 663-2638
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (CFR 240.12b-2).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The employment of Mark Prout, Executive Vice President, Chief Information and Technology Officer of Conduent Incorporated (the “Company"), was terminated without cause, effective March 24, 2026 . In connection with his termination, Mr. Prout will be entitled to receive compensation and benefits consistent with the Company’s U.S. Executive Severance Policy.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly authorized this report to be signed on its behalf by the undersigned duly authorized.
Date: March 25, 2026
| CONDUENT INCORPORATED | ||||||||||||||
| By: | /s/ MICHAEL FISHERMAN | |||||||||||||
| Michael Fisherman | ||||||||||||||
| Assistant Secretary | ||||||||||||||
FAQ
What leadership change did Conduent (CNDT) disclose in this 8-K?
Conduent disclosed that Executive Vice President and Chief Information and Technology Officer Mark Prout’s employment was terminated without cause, effective March 24, 2026. This represents a senior leadership change in the company’s technology and information functions.
When did the Conduent (CNDT) executive termination become effective?
The termination of Executive Vice President and Chief Information and Technology Officer Mark Prout became effective on March 24, 2026. This date marks the official end of his employment with Conduent under the terms described in the company’s report.
Will Conduent’s former CTO receive severance benefits after termination?
Yes. Following his termination without cause, former Executive Vice President and Chief Information and Technology Officer Mark Prout will receive compensation and benefits consistent with Conduent’s U.S. Executive Severance Policy, indicating application of the company’s standard executive severance framework.
Did Conduent (CNDT) state the termination was for cause or without cause?
Conduent stated that the employment of Executive Vice President and Chief Information and Technology Officer Mark Prout was terminated without cause. This wording is important because it ties his separation to eligibility for benefits under the company’s U.S. Executive Severance Policy.
Which executive role is affected by this Conduent (CNDT) 8-K filing?
The affected role is Executive Vice President and Chief Information and Technology Officer of Conduent. The company reported that the individual in this position, Mark Prout, had his employment terminated without cause, effective March 24, 2026, triggering severance-consistent treatment.