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Aug 12, 2025 · 5. A new channel boss in town The change at the top comes five months after OpenText moved to bolster its channel strategy by enlisting former Kaseya and Datto exec Mike DePalma as its VP of Business Development.
Aug 12, 2025 · Canadian enterprise software maker OpenText has removed long-time CEO Mark Barrenechea and plans to review its portfolio for potential asset sales, signaling a possible shift in strategic direction.
Aug 14, 2025 · Enterprise software giant OpenText has removed Mark Barrenechea as CEO and CTO after 13 years, appointing interim leadership as the company explores selling 'non-core assets' following disappointing financial results. OpenText's board informed Barrenechea of his immediate departure from his roles as chief executive, chief technology officer and vice …
Aug 14, 2025 · If OpenText does wish to accelerate its development, there are plenty of IDP start-ups from the last 10 years available for acquisition.” Headquartered Waterloo, Canada, OpenText uses machine learning and AI to automate manual content processes, such as accounts payable, back-file conversion and onboarding, and transform paper and digital ...
Jul 9, 2025 · Open Text Corporation (OTEX) shares fell 4.44 percent to $28.83 on Wednesdsay after the company announced that EVP and CFO Chadwick Westlake will step down effective August 15, 2025, to become CEO of EQB following the unexpected passing of its former leader.
Aug 12, 2025 · Mark Barrenechea has been removed from his roles as OpenText's CEO, CTO and board vice chairman, and the search for a new CEO is under way.
Aug 11, 2025 · The OpenText Board of Directors (the 'Board') informed Mark J. Barrenechea of this transition from his role as CEO, Chief Technology Officer, and Vice Chairman of the Board, effective immediately.
Aug 12, 2025 · OpenText Monday said it is continuing to work with financial advisors to refocus its business on its core Information Management for AI business and exit from certain non-core assets.
Aug 11, 2025 · James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings. OpenText has replaced Mark Barrenechea, its CEO and CTO of nearly 14 years, and will explore selling off some of the “non-core assets” of its business.
Aug 13, 2025 · OpenText this week announced that it has replaced Mark Barrenechea as CEO, appointing James McGourlay, currently executive vice president of international sales, as as interim chief executive officer. OpenText also announced that it will continue to work with its financial advisors to explore “portfolio-shaping opportunities that enhance focus on the Company’s core …
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