Core Insights - TTEC has appointed Chris Brown as president of TTEC Digital, effective immediately, succeeding David Seybold who will depart on April 30, 2026 [1][2] - Brown's leadership is expected to drive TTEC Digital's global strategy, P&L management, and operational execution, leveraging his extensive experience and institutional knowledge [2][3] Leadership Transition - David Seybold will remain with TTEC until April 30, 2026, to ensure a smooth transition [2] - Chris Brown has been with TTEC since 2015 and previously served as Chief of Staff to the Chairman and CEO, focusing on corporate development and strategic partnerships [3][4] Chris Brown's Background - Brown has over two decades of experience advising technology and services firms on M&A, capital markets, and strategic transformation, with a focus on SaaS, AI, and cloud sectors [4] - He has held senior leadership roles in investment banking at UBS and management consulting at Mercer, and played a key role in the acquisition of Liquid Robotics by Boeing [4] TTEC Digital's Vision - Brown emphasized the unique capabilities of TTEC Digital in combining talent, technology partnerships, and AI expertise to deliver value for enterprise clients globally [5] - TTEC Digital is recognized as the world's largest pureplay CX technology and services provider, enhancing customer engagement and operational efficiency [5][6] Company Overview - TTEC Holdings, Inc. is a global consulting, technology, and managed services company focused on data, AI, and customer experience [6] - The company offers outcome-based solutions that span the entire enterprise and improve customer interactions across various channels [6]

Core Insights - TTEC Digital has been recognized for its expertise in customer engagement and data analytics, receiving a Google Public Sector Partner Expertise Badge for Customer Engagement [1] - The company has completed the Google Partner Development Sprint for Data and Analytics, emphasizing its commitment to delivering advanced AI solutions for government agencies [2] Company Achievements - TTEC Digital's recognition and completion of the Data and Analytics Sprint demonstrate its capability to enhance constituent engagement using Google Cloud technology [3] - As a Premier Google Cloud Co-sell Partner, TTEC Digital holds an exclusive status among top Google partners globally, highlighting its strong partnership with Google [4] Service Offerings - TTEC Digital specializes in transforming customer experiences for public sector organizations by integrating industry expertise with human-centered design, data analytics, AI, and consulting services [3] - The company provides a range of services including AI-enhanced customer engagement, customer acquisition, tech support, and fraud prevention, leveraging next-generation digital technology [5]

Core Insights - Hotchkis & Wiley Large Cap Disciplined Value Fund outperformed the Russell 1000 Value Index in Q4 2025 and for the full calendar year, driven by positive stock selection [1] - The S&P 500 Index returned 2.7% in Q4 2025, with a yearly gain of 17.9%, but high valuations have made investors cautious, particularly due to returns being concentrated in a few stocks [1] - Information technology and communication services sectors led performance in 2025, with significant variation within those sectors [1] Company-Specific Insights - Workday, Inc. (NASDAQ:WDAY) was highlighted as a leading relative detractor for the Fund, with a one-month return of -15.13% and a 52-week loss of 33.35% [2] - Workday's stock closed at $174.66 on January 29, 2026, with a market capitalization of $46.634 billion [2] - Despite a modest share price decline following strong Q2 results and reaffirmed full-year guidance, Workday is expected to grow sales in the teens for many years, supported by low customer churn rates and high gross margins [3] - The company is seen as having favorable business quality attributes compared to the average S&P 500 company, with a net cash balance sheet and a commitment to returning cash to shareholders [3]

Core Insights - Adobe Inc. is focusing on enhancing its marketing tools through the acquisition of Semrush, a brand visibility platform, to adapt to the AI-driven market [1][4] - Piper Sandler has reiterated an Overweight rating on Adobe with a price target of $470.00 following the acquisition announcement [1] Acquisition Details - Adobe will acquire Semrush in an all-cash transaction valued at $12.00 per share, totaling approximately $1.9 billion [2] - The acquisition is expected to close in the first half of 2026 [2] Strategic Implications - The integration of Semrush's generative engine optimization (GEO) and search engine optimization (SEO) capabilities will enhance Adobe's existing marketing solutions, including Adobe Experience Manager and Analytics [3] - Adobe's president of Digital Experience Business emphasized the importance of embracing generative AI for brand visibility and customer engagement [4]