Conduent Incorporated
Florham Park, New Jersey, United States · Analytics, Artificial Intelligence, Information Technology
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum — creating exceptional outcomes for its clients and the millions of people who count on them. The company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global te
Key facts
- Headquarters
- Florham Park, New Jersey, United States
- Employees
- 37,796
- Industries
- Analytics, Artificial Intelligence, Information Technology
- Status
- Public (CNDT)
- Website
- www.conduent.com
- Company page
Recent activity at Conduent Incorporated
- : SEC 8-K (1.01): On October 23, 2026, Conduent Incorporated completed a refinancing of its $357 million senior secured revolving credit facilities, extending maturities and adding $90 million of new commitments. The refinancing included a new $15 million backstop performance letter of credit facility and a first-out senior secured revolving credit facility with commitments of up to $75 million. This transaction involved Conduent Government Holdings I, LLC, as holdings, and Conduent Government Holdings II, LLC, as borrower, both indirect wholly-owned subsidiaries of the Company, aiming to enhance liquidity and financial stability. Key parties involved were the Existing Lenders who replaced all obligations under the existing credit facilities with the new arrangements, which were integral to supporting the company’s operations in government health services. The refinanced amounts were also allocated to an intercompany facility for further financial structuring.
- : Conduent Incorporated Secures $90 Million in Refinancing
- : SEC 8-K (1.01): On October 16, 2026, Conduent Incorporated, along with its subsidiaries, entered into a Class Action Settlement Agreement regarding a previously disclosed data breach lawsuit stemming from a January 2025 cyber incident. The agreement includes a total monetary commitment of $80 million, covering recovery amounts for class members and associated legal costs. This settlement is subject to approval by the U.S. District Court for the District of New Jersey, and if approved, it will release the Company and its affected clients from any claims related to the incident, although the company denies any fault. The Company does not expect this settlement to materially impact its financial position due to existing cyber insurance coverage.
- : SEC 8-K (1.01): On October 14, 2026, Conduent Incorporated and its revolving credit lenders entered into Amendment No. 4 to extend the maturity date of its revolving credit facilities from October 15, 2026, to October 30, 2026. This amendment involves Conduent Business Services, LLC, Conduent State & Local Solutions, Inc., and Affiliated Computer Services International B.V. as the Company Parties and includes Bank of America, N.A. as the administrative agent. The amendment aims to provide additional time for financial arrangements and does not affect the maturity dates of the remaining revolving credit commitments. This refinancing effort reflects Conduent's strategy to manage its financial obligations and maintain liquidity in the current economic environment.
- : SEC 8-K (1.01): On October 1, 2026, Conduent Incorporated completed the sale of its public transit and fare collection business through a transaction valued at $164 million, known as the Transit Sale. The buyer retained $10 million as a purchase price holdback for adjustments, $12 million as a special holdback subject to target completion dates, and adjusted closing amounts of $2 million. Conduent received $140 million in cash at closing, with an additional $15 million transferred to the Buyer. The company plans to use the net proceeds of $125 million from this sale to pay down its revolving credit facility, signifying a strategic move to strengthen its financial position.
- : SEC 8-K (7.01): On September 30, 2026, Conduent Incorporated held an Investor Day meeting at the Pierre Hotel in New York City, also accessible via live webcast. During this event, Harsha V. Agadi, the President and CEO, alongside the executive leadership team, shared insights into the company's long-term strategy, portfolio priorities, and growth opportunities. A presentation summarizing these key points was attached as Exhibit 99.1. This meeting serves as a significant platform for Conduent to engage with investors and articulate its future direction and objectives.
- : SEC 8-K (8.01): Conduent Incorporated and Conduent Business Services, LLC are involved in several lawsuits related to a cybersecurity incident disclosed in January 2025, with most lawsuits consolidated into one action in the U.S. District Court for New Jersey. On September 10, 2026, the Company reported reaching an agreement in principle to settle this consolidated case, although the settlement paperwork is not yet finalized and requires court approval. The Company denies the plaintiffs' allegations but seeks to avoid the costs of litigation and does not expect the settlement to impact its financial position materially, highlighting its cyber insurance coverage.
- : SEC 8-K (5.02): On August 25 and 26, 2026, Conduent Incorporated's Board of Directors conducted its annual review of the Shareholders Agreement with Darwin A. Deason. During this review, the Board addressed the irrevocable resignation of Scott Letier, who was appointed to the Board as Mr. Deason's designee under the Shareholders Agreement. Mr. Letier's resignation is effective immediately, indicating a significant change in the Board's composition. This action may have implications for governance and decision-making within the company as it navigates this transition.
- : SEC 8-K (7.01): On August 10, 2026, the Company held a financial results call to discuss its second quarter 2026 results. The Company is filing this 8-K to furnish a copy of the presentation used during the call as Exhibit 99.2 and a press release as Exhibit 99.1. This report includes forward-looking statements about the Company’s operations, including potential impacts from recent divestitures of its Public Transit and Tolling businesses. The information shared during this call is not considered 'filed' with the SEC, ensuring that the Company maintains certain protections under the Exchange Act of 1934.
- : Virginia Awards Conduent a 14-Year Contract to Modernize Medicaid Program Delivery Systems.
Conduent Incorporated funding history
| Date | Round | Amount |
|---|---|---|
| Oct 2026 | Funding Round | $90.0M |
Leadership
- Anna Novoseletsky, General Counsel
- Derek Swanson, Chief Technology Officer
- Cliff Skelton, Chief Operating Officer
- Vandana Singh, Hr Talent Acquisition
- Adam Appleby, Experienced Business Executive
- Youness T., Group Finance Director
- Babu Rengarajan, Director Of Software Engineering
- Bill Brunet, Experienced Sales Leader
- Anna Sever, President
Verified email and direct lines for Conduent Incorporated’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Conduent Incorporated in the news
- Conduent to Report Third-Quarter 2026 Financial Results on November 5, 2026 - Business Wire (Oct 27, 2026)
- Conduent Appoints Anna Novoseletsky as Executive Vice President, General Counsel and Secretary - Yahoo Finance (Aug 03, 2026)
- Conduent Inc: Workforce Retention Transparency - As You Sow (Dec 08, 2025)
- Conduent to Report Second-Quarter 2026 Financial Results on August 10, 2026 - Conduent (Jul 28, 2026)
- Conduent to Host Investor Day on September 30, 2026 - Business Wire (Sep 24, 2026)
- Conduent Business Services Data Breach Affected More Than 62.2 Million Individuals - The HIPAA Journal (Jun 04, 2026)
- Conduent Outlines Three-Year Path to Consistent Growth and Profitable Performance at Investor Day - Business Wire (Sep 30, 2026)
- Conduent Inc (CNDT) (Q2 2026) Earnings Call Highlights: Revenue Declines 11. ... - Yahoo Finance (Aug 10, 2026)
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About Conduent Incorporated: questions and answers
What does Conduent Incorporated do?
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum — creating exceptional outcomes for its clients and the millions of people who count on them. The company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global te
Where is Conduent Incorporated headquartered?
Conduent Incorporated is headquartered in Florham Park, New Jersey, United States.
How many employees does Conduent Incorporated have?
Conduent Incorporated has about 37,796 employees.
Has Conduent Incorporated raised funding?
Yes. Fundz has recorded 1 funding event for Conduent Incorporated. The most recent, Funding Round of $90.0M, was in Oct 2026.
Who leads Conduent Incorporated?
Anna Sever is a President at Conduent Incorporated.
What is the latest news on Conduent Incorporated?
On Oct 23, 2026, SEC 8-K (1.01): On October 23, 2026, Conduent Incorporated completed a refinancing of its $357 million senior secured revolving credit facilities, extending maturities and adding $90 million of new commitments. The refinancing included a new $15 million backstop performance letter of credit facility
Is Conduent Incorporated a public company?
Yes. Conduent Incorporated is publicly traded under the ticker CNDT.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy