On this page of StockholderLetter.com we present the latest annual shareholder letter from Mastech Digital, Inc. — ticker symbol MHH. Reading current and past MHH letters to shareholders can bring important insights into the investment thesis.
ANNUAL
REPORT 2023
D
ST
R
I
F
L
IGITA
CORPORATE
OVERVIEW
CORPORATE OVERVIEW
Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company
o@ers Data Management and Analytics Solutions, Digital Learning, and IT StaLng Services with a Digital First
approach. Backed by robust delivery methodologies and sourcing practices, our vibrant teams spread across
the globe are able to drive high levels of business eLciencies for our clients globally. A minority-owned enterprise,
Mastech Digital is headquartered in Pittsburgh, PA with oLces across the US, Canada, UK and India.
For more information, visit www.mastechdigital.com.
CORPORATE INFORMATION
Corporate Office
1305 Cherrington Parkway
Building 210, Suite 400
Moon Township, PA 15108
Annual Meeting of Shareholders
The company will hold its annual meeting
of shareholders on May 15, 2024, at
9.00 a.m. Eastern Time, at 1305
Cherrington Parkway, Building 210, Suite
400, Moon Township, PA 15108.
Shareholders of record as of April 5, 2024
will be invited to attend this meeting.
Transfer Agent
Computershare
P.O. BOX 43006
Providence, RI 02940-3006
1.866.204.9008
www.computershare.com/investor
For address changes, registration
changes, lost stock certi   cates,
or if you are receiving duplicate
copies of the Annual Report,
please contact Computershare
at the address listed above.
Form 10-K
Additional copies of the company   s 2023 Annual Report on Form 10-K, and the
exhibits and    nancial statement schedules listed in that report, are available by
writing to Donna Kijowski, Investor Relations Manager, at the Corporate Of   ce.
These materials are also available in the EDGAR database at www.sec.gov, the
website for the Securities and Exchange Commission, as well as the company's
website www.mastechdigital.com, in the Investors section.
Independent Registered Public Accounting Firm
UHY LLP, Farmington Hills, MI
Stock Market Information
The company   s common stock trades on the NYSE American under the symbol
MHH. The table below sets forth the high and low closing bid prices for the last
two completed    scal years.
Common Stock Market Price
High
Low
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
$ 9.81
$ 11.22
$ 12.14
$ 14.00
$ 7.92
$ 9.00
$ 8.57
$ 11.20
2022
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
$ 15.88
$ 16.36
$ 21.27
$ 19.70
$ 11.01
$ 13.41
$ 14.53
$ 16.29
1
EXECUTIVE
OFFICERS &
DIRECTORS
EXECUTIVE OFFICERS
Vivek Gupta
John J. Cronin, Jr.
and Chief Executive
Of   cer
Chief Financial Of   cer
and Corporate
Secretary
DIRECTORS
Sunil Wadhwani
Director and Co-Chairman,
Mastech Digital
Ashok Trivedi
Director and Co-Chairman,
Mastech Digital
Sunil co-founded Mastech Digital and
grew the company from a start-up IT
staf   ng    rm into one of the country   s
leading IT staf   ng companies. He has
also angel-funded over 40 technology
start-ups.
Ashok co-founded Mastech Digital
and has contributed signi   cantly to
the growth of the organization. He has
also angel-funded over 50 early-stage
technology and    nancial businesses.
Vivek Gupta
Director, President, and Chief
Executive Officer, Mastech Digital
John Ausura (1, 2, 3)*
Founder and Former Managing
Director, Capital Resolution
Vivek joined Mastech Digital as the
President and CEO in March 2016.
He has over three decades of global
experience in the technology industry.
John founded Capital Resolution,
LLC in 2003, a professional services
   rm which provides strategy and
operations assistance to companies
in transition.
Brenda Galilee (1, 2, 3)*
Chief Consulting Officer,
Customer Experience Solutions
Gerhard Watzinger (1, 2, 3)*
Chairman, CrowdStrike
Gerhard is the Chairman of
CrowdStrike     a cyber-security
company. He was earlier the EVP
for Corporate Strategy and M&A of
the McAfee business unit of Intel
Corporation until 2012.
Brenda is a consultant for Customer
Experience Solutions. She was the
Chief Executive Of   cer and Chairman
of the Board of InTouch Corporation,
a customer acquisition and retention
services company.
Vladimir Rak (1, 2, 3)*
EVP & Chief Technology Officer,
DICK   S Sporting Goods
*Committee Assignments
Vlad is the Executive Vice President
and Chief Technology Of   cer of
DICK   s Sporting Goods. He has over
twenty-   ve years of technology and
senior leadership experience.
2. Compensation Committee
1. Audit Committee
3. Nominating and Corporate Governance Committee
3
 • shareholder letter icon 4/12/2024 Letter Continued (Full PDF)
 • stockholder letter icon 4/7/2023 MHH Stockholder Letter
 • stockholder letter icon More "Business Services & Equipment" Category Stockholder Letters
 • Benford's Law Stocks icon MHH Benford's Law Stock Score = 77


MHH Shareholder/Stockholder Letter Transcript:

ANNUAL
REPORT 2023
D
ST
R
I
F
L
IGITA

CORPORATE
OVERVIEW

CORPORATE OVERVIEW
Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company
o@ers Data Management and Analytics Solutions, Digital Learning, and IT StaLng Services with a Digital First
approach. Backed by robust delivery methodologies and sourcing practices, our vibrant teams spread across
the globe are able to drive high levels of business eLciencies for our clients globally. A minority-owned enterprise,
Mastech Digital is headquartered in Pittsburgh, PA with oLces across the US, Canada, UK and India.
For more information, visit www.mastechdigital.com.
CORPORATE INFORMATION
Corporate Office
1305 Cherrington Parkway
Building 210, Suite 400
Moon Township, PA 15108
Annual Meeting of Shareholders
The company will hold its annual meeting
of shareholders on May 15, 2024, at
9.00 a.m. Eastern Time, at 1305
Cherrington Parkway, Building 210, Suite
400, Moon Township, PA 15108.
Shareholders of record as of April 5, 2024
will be invited to attend this meeting.
Transfer Agent
Computershare
P.O. BOX 43006
Providence, RI 02940-3006
1.866.204.9008
www.computershare.com/investor
For address changes, registration
changes, lost stock certi   cates,
or if you are receiving duplicate
copies of the Annual Report,
please contact Computershare
at the address listed above.
Form 10-K
Additional copies of the company   s 2023 Annual Report on Form 10-K, and the
exhibits and    nancial statement schedules listed in that report, are available by
writing to Donna Kijowski, Investor Relations Manager, at the Corporate Of   ce.
These materials are also available in the EDGAR database at www.sec.gov, the
website for the Securities and Exchange Commission, as well as the company's
website www.mastechdigital.com, in the Investors section.
Independent Registered Public Accounting Firm
UHY LLP, Farmington Hills, MI
Stock Market Information
The company   s common stock trades on the NYSE American under the symbol
MHH. The table below sets forth the high and low closing bid prices for the last
two completed    scal years.
Common Stock Market Price
High
Low
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
$ 9.81
$ 11.22
$ 12.14
$ 14.00
$ 7.92
$ 9.00
$ 8.57
$ 11.20
2022
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
$ 15.88
$ 16.36
$ 21.27
$ 19.70
$ 11.01
$ 13.41
$ 14.53
$ 16.29
1

EXECUTIVE
OFFICERS &
DIRECTORS

EXECUTIVE OFFICERS
Vivek Gupta
John J. Cronin, Jr.
and Chief Executive
Of   cer
Chief Financial Of   cer
and Corporate
Secretary
DIRECTORS
Sunil Wadhwani
Director and Co-Chairman,
Mastech Digital
Ashok Trivedi
Director and Co-Chairman,
Mastech Digital
Sunil co-founded Mastech Digital and
grew the company from a start-up IT
staf   ng    rm into one of the country   s
leading IT staf   ng companies. He has
also angel-funded over 40 technology
start-ups.
Ashok co-founded Mastech Digital
and has contributed signi   cantly to
the growth of the organization. He has
also angel-funded over 50 early-stage
technology and    nancial businesses.
Vivek Gupta
Director, President, and Chief
Executive Officer, Mastech Digital
John Ausura (1, 2, 3)*
Founder and Former Managing
Director, Capital Resolution
Vivek joined Mastech Digital as the
President and CEO in March 2016.
He has over three decades of global
experience in the technology industry.
John founded Capital Resolution,
LLC in 2003, a professional services
   rm which provides strategy and
operations assistance to companies
in transition.
Brenda Galilee (1, 2, 3)*
Chief Consulting Officer,
Customer Experience Solutions
Gerhard Watzinger (1, 2, 3)*
Chairman, CrowdStrike
Gerhard is the Chairman of
CrowdStrike     a cyber-security
company. He was earlier the EVP
for Corporate Strategy and M&A of
the McAfee business unit of Intel
Corporation until 2012.
Brenda is a consultant for Customer
Experience Solutions. She was the
Chief Executive Of   cer and Chairman
of the Board of InTouch Corporation,
a customer acquisition and retention
services company.
Vladimir Rak (1, 2, 3)*
EVP & Chief Technology Officer,
DICK   S Sporting Goods
*Committee Assignments
Vlad is the Executive Vice President
and Chief Technology Of   cer of
DICK   s Sporting Goods. He has over
twenty-   ve years of technology and
senior leadership experience.
2. Compensation Committee
1. Audit Committee
3. Nominating and Corporate Governance Committee
3



shareholder letter icon 4/12/2024 Letter Continued (Full PDF)
 

MHH Stockholder/Shareholder Letter (Mastech Digital, Inc.) | www.StockholderLetter.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in StockholderLetter.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.