WATERLOO, ON, April 8,
2024 /PRNewswire/ --
OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced
the strategic appointment of Todd
Cione as President of OpenText Worldwide Sales, and
announced the promotions of Paul
Duggan as President and Chief Customer Officer, and
Madhu Ranganathan as President, CFO
& Corporate Development.
Mr. Cione will lead a charter focused on spearheading the
company's global go-to-market strategy and revenue growth, with
OpenText's global sales and sales operations functions reporting
directly to him. Mr. Duggan will lead a charter focused on customer
success and customer transformations including support, recurring
revenues, and professional services. Ms. Ranganathan will
lead a charter focused on finance, corporate operations, and
corporate development. Each of Mr. Cione, Mr. Duggan and Ms.
Ranganathan will directly report to OpenText CEO & CTO
Mark J. Barrenechea.
Cione is an experienced global sales leader with a proven record
of customer engagement, revenue growth and executing cloud
transformations. He brings to OpenText more than 30 years of
experience in global sales at large multi-national technology
organizations, including Teradata, Apple, Microsoft, and
Oracle.
"I am delighted to have Todd join the OpenText executive
leadership team and to announce the expanded responsibilities for
Paul and Madhu. Todd is a results-oriented leader with a proven
track record of delivering predictable and profitable growth," said
Mark J. Barrenechea, CEO & CTO,
OpenText. "As we continue to grow as a global leader in Information
Management, our leadership team is elevated with those who are
experienced with operating multi-billion-dollar businesses. Todd,
Paul, and Madhu are outstanding executives, and I look forward to
working with them in the years to come."
"I believe OpenText's strategy of Information Management,
in the cloud, at scale, is a winning strategy," said Todd Cione, President of Worldwide Sales.
"Information Management is positioned to transform organizations
with next generation automation and AI. I am excited to be
part of a winning team and to engage with customers and
partners."
"OpenText serves many global organizations, and core to OpenText
customer success is value, trust and innovation," said Paul Duggan, President and Chief Customer
Officer. "As our customers undergo the next wave of business
transformations to the cloud and AI, our global and experienced
Customer Success organization is ready to help."
"OpenText's operational excellence remains central to supporting
our growth and scale," said Madhu
Ranganathan, President, CFO & Corporate
Development. "Our expanded organization is focused on
creating a frictionless business for our employees and customers,
and to support the long-term value creation for all our
stakeholders."
OpenText further announced that Ted
Harrison, EVP, Enterprise Sales, has decided to retire from
OpenText effective September 15,
2024. Until such time, effective immediately, Mr. Harrison
will act as Strategic Advisor to the President, Worldwide
Sales.
"I would like to sincerely thank Ted for his many years of
leadership, contributions and accomplishments at OpenText and we
wish him the very best in his next chapter," added Mr.
Barrenechea.
For full biographical information on Todd Cione, Paul
Duggan, and Madhu
Ranganathan, as well as the entire OpenText Executive
Leadership Team, please visit here.
About OpenText
OpenText, The Information Company™, enables organizations to
gain insight through market leading information management
solutions, powered by OpenText Cloud Editions. For more information
about OpenText (NASDAQ: OTEX, TSX: OTEX)
visit opentext.com
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on
OpenText's current expectations, estimates, forecasts and
projections about the operating environment, economies and markets
in which the company operates. These statements are subject to
important assumptions, risks and uncertainties that are difficult
to predict, and the actual outcome may be materially different.
OpenText's assumptions, although considered reasonable by the
company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ
materially from the expectations set out herein. For additional
information with respect to risks and other factors which could
occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and other securities filings with the SEC and other
securities regulators. Readers are cautioned not to place undue
reliance upon any such forward-looking statements, which speak only
as of the date made. Unless otherwise required by applicable
securities laws, OpenText disclaims any intention or obligations to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Further,
readers should note that we may announce information using our
website, press releases, securities law filings, public conference
calls, webcasts and the social media channels identified on the
Investors section of our website (https://investors.opentext.com).
Such social media channels may include the Company's or our CEO's
blog, Twitter account or LinkedIn account. The information posted
through such channels may be material. Accordingly, readers should
monitor such channels in addition to our other forms of
communication.
Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned
by OpenText. One or more patents may cover this product(s). For
more information, please
visit https://www.opentext.com/patents.
OTEX-G
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SOURCE Open Text Corporation