Open Text Corporation (OTEX.TO)

52.13 +0.79 (+1.54%) At close: 04:00PM EDT

Open Text Corporation

275 Frank Tompa Drive
Waterloo, ON N2L 0A1
Canada

https://www.opentext.com

Sector(s): Technology
Industry: Software—Application
Full-time employees: 14,400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark J. Barrenechea	Vice Chairman, CEO & CTO	3.82M	4.94M	1965
Ms. Madhu Ranganathan CPA, M.B.A.	Exec. VP & CFO	1.8M	N/A	1965
Mr. Muhi S. Majzoub	Exec. VP & Chief Product Officer	1.5M	583.31k	1960
Mr. Simon David Harrison	Exec. VP of Enterprise Sales	1.8M	1.38M	1970
Mr. Cosmin Balota	Sr. VP & Chief Accounting Officer	N/A	N/A	1974
Ms. Renee Dione McKenzie	Exec. VP of IT & Chief Information Officer	N/A	N/A	1975
Mr. Harry Edward Blount	Sr. VP & Global Head of Investor Relations	N/A	N/A	N/A
Mr. Michael F. Acedo	Exec. VP, Chief Legal Officer & Corp. Sec.	N/A	N/A	1981
Jen Bell	VP & Chief Communications Officer	N/A	N/A	N/A
Mr. Douglas M. Parker	Exec. VP of Corp. Devel.	N/A	N/A	1971

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides eDiscovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Corporate governance

Open Text Corporation’s ISS governance QualityScore as of 1 February 2023 is 8. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 4; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.