Open Text Corporation (OTEX)

34.75 +0.15 (+0.43%) 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: 23,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark J. Barrenechea	Vice Chairman, CEO & CTO	3.47M	N/A	1965
Mr. Paul Michael Duggan	President & Chief Customer Officer	1.86M	N/A	1976
Ms. Madhu Ranganathan CPA, M.B.A.	President, CFO & Corporate Development	1.8M	N/A	1965
Mr. Muhi S. Majzoub	Executive VP & Chief Product Officer	1.58M	252.41k	1960

Amounts are as of 31 December 2023, 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 USD.

Description

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, 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 April 2024 is 10. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 3; 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.