Karen A. McLoughlin

Karen A. McLoughlin, Former Chief Financial Officer of Cognizant Technology Solutions Corporation, a Fortune 500 company and leading provider of information technology, business process and consulting services (2012 - 2020)

Director Since: September 2015


* Independent


Committees



  • Audit Committee

  • Finance & Investment Policy Committee (Chair)


Other Public Company Directorships:


  • Agilon Health, Inc.




Prior Roles:


  • Chief Financial Officer of Cognizant Technology Solutions Corporation, a Fortune 500 company and leading provider of information technology, business process and consulting services (2012 - 2020);

  • Senior Vice President, Financial Planning and Analysis and Enterprise Transformation of Cognizant (2008 - 2012);

  • Vice President, Global Financial Planning and Analysis of Cognizant (2003 - 2008); and

  • Vice President, Finance of Spherion Corp., now SFN Group Inc., which was acquired by Randstadt (1997 - 2003).



Education: Ms. McLoughlin holds degrees from Wellesley College and Columbia University.


Key Qualifications & Experience:


  • Finance Expertise – As the former Chief Financial Officer of Cognizant Technology Solutions Corp., Ms. McLoughlin brings strong financial acumen to the Best Buy board. Prior to that role, she spent more than twenty years in various finance management roles at Cognizant, Spherion and Rider System Inc.

  • Services Expertise – In her seventeen years at Cognizant, Ms. McLoughlin developed a deep knowledge of the IT services sector, which is invaluable to Best Buy as we focus on our own internal IT processes and continue to emphasize Services across the organization as part of our Company strategy.

  • Growth / Transformation Expertise – During Ms. McLoughlin’s time at Cognizant, the company experienced tremendous growth, with revenue increasing from $368 million in 2003 to $16.7 billion in 2020. Cognizant ranked No. 194 on the 2020 Fortune 500 list. Ms. McLoughlin brings experience in social impact through Cognizant’s efforts to help youth build the skills to compete and thrive in the global economy. Her prior leadership in Cognizant’s Women Empowered program, which aims to elevate women at all levels, is beneficial in the Company’s diversity and inclusion work.


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