Amit Dixit
TaskUsAbout Amit Dixit
Amit Dixit is a Senior Managing Director and Head of Asia Private Equity at Blackstone and has served as an independent director of TaskUs, Inc. since October 2018; he is 52 years old. He holds a Bachelor’s degree from the Indian Institute of Technology (Mumbai), a Master’s degree from Stanford University, and an MBA from Harvard Business School. He serves on the Compensation Committee and the Nominating and ESG Committee at TaskUs. The board has affirmatively determined that he is an “Independent Director” under Nasdaq rules, notwithstanding his Blackstone role. His current Class II term runs through the 2026 annual meeting.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Blackstone (Sponsor) | Senior Managing Director; Head of Asia Private Equity | Since 2007 | Leads Asia private equity; involved in India and South Asia investments |
| Warburg Pincus | Principal | Prior to 2007 | Private equity investing experience |
External Roles
| Organization | Role | Type | Tenure/Notes |
|---|---|---|---|
| Mphasis Limited | Director | Public company | Current board service |
| Sona BLW Precision Forgings Limited | Director | Public company | Current board service |
| EPL Limited | Director | Public company | Current board service |
| Jagran Prakashan Limited | Director | Public company | Prior five years |
| S H Kelkar and Company Limited | Director | Public company | Prior five years |
Board Governance
- Committee memberships: Member, Compensation Committee; Member, Nominating and ESG Committee. He is not a committee chair.
- Independence: Board determined he qualifies as independent under Nasdaq rules despite his Blackstone position.
- Attendance: In 2024 the board met 5 times; Mr. Dixit attended less than 75% of board and committee meetings but engaged substantially with directors and management outside meetings to provide input. Audit Committee met 8 times; Compensation 5; Nominating & ESG 4.
- Designation rights: He was designated to the board by Blackstone under the Stockholders Agreement; sponsor-designated directors can only be removed with Sponsor consent.
- Controlled company: Blackstone and the Co-Founders collectively held ~97.5% of combined voting power as of March 1, 2025, and TaskUs relies on certain Nasdaq controlled company exemptions.
Fixed Compensation
| Year | Cash Fees ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| 2024 | — | — | — |
- TaskUs non-employee director program provides retainers and RSUs, but “Messrs. Dixit and Mehta do not receive any compensation for their services on our board.”
Performance Compensation
| Pay Element | Target / Metrics | Outcome | Applies to Director |
|---|---|---|---|
| Director performance-based incentives | Not applicable to non-employee directors | Not applicable | Not applicable to Amit Dixit |
Other Directorships & Interlocks
| Company | Industry Relationship to TaskUs | Interlock / Potential Conflict |
|---|---|---|
| Mphasis Limited | No related-party transaction disclosed with Mphasis | None disclosed |
| Sona BLW Precision Forgings Limited | No related-party transaction disclosed with Sona BLW | None disclosed |
| EPL Limited | No related-party transaction disclosed with EPL | None disclosed |
Sponsor-related commercial flows: In 2024, TaskUs paid ~$0.8M for products/services to entities in which the Sponsor had an interest and recognized ~$9.3M in revenue from such entities; the Audit Committee oversees related-party transactions under a board policy (with certain standing approvals for Blackstone-related transactions under defined limits).
Expertise & Qualifications
- Global private equity leadership (Asia), emerging markets investing, and business development and M&A expertise.
- Finance, accounting and risk management skills as reflected in the board skills matrix.
- Education: IIT Mumbai (Bachelor’s), Stanford (Master’s), Harvard Business School (MBA).
Equity Ownership
| Holder | Class A Shares | Class B Shares | Ownership % | Voting Power % | Notes |
|---|---|---|---|---|---|
| Amit Dixit | — | — | * (<1%) | * (<1%) | No beneficial ownership disclosed as of March 1, 2025 under SEC rules |
- Securities Trading Policy prohibits directors from hedging or pledging TaskUs stock.
Governance Assessment
- Independence vs. sponsor influence: While the board determined Mr. Dixit is independent, he is a Blackstone appointee under a Stockholders Agreement that confers nomination and removal rights to the Sponsor—this elevates conflict risk in a controlled company structure.
- Attendance red flag: Less than 75% attendance at board and committee meetings in 2024 is a governance concern, though the proxy notes pre-meeting engagement to incorporate his perspectives. RED FLAG.
- Compensation alignment: He receives no director compensation from TaskUs, which helps mitigate pay-related conflicts; standard director compensation increased in 2024 but is not applicable to him.
- Related-party exposure: Documented commercial activity with Sponsor-affiliated entities (~$0.8M purchases; ~$9.3M revenue in 2024). Strong related-party policy and Audit Committee oversight exist, but the volume and standing approvals highlight ongoing conflict-management needs.
- Committee roles: Serves on Compensation and Nominating & ESG, both composed of independent directors; the compensation program utilized an independent consultant in 2024.
- Controlled company risks: Concentrated voting power and sponsor approval rights over key corporate actions can dampen minority investor influence and amplify perceived governance risk.
Additional notes:
- Lead Independent Director and executive sessions framework are in place, supporting independent oversight.
- All directors attended the 2024 Annual Meeting.