Jun 8, 2021 | SAN DIEGO

Mark Culhane to Step Down After Three and a Half Years of Distinguished Service

Teradata (NYSE: TDC), the related multi-cloud information platform for enterprise analytics, at present introduced that its Board of Administrators has appointed Claire Bramley as Chief Monetary Officer, efficient June 14, 2021. Bramley succeeds Mark Culhane, who will likely be stepping down as CFO on June 13, 2021. To make sure a clean transition, Culhane will proceed to be employed till June 30, 2021. As CFO, Claire will likely be a member of the Govt Management Staff, accountable for main Teradata’s monetary group, data know-how, analytics and safety, enterprise threat, and enterprise strategic sourcing.

Bramley brings in depth senior management expertise in company finance and accounting roles, in addition to deep data of the know-how business. She had a virtually 15-year profession at HP Inc., most not too long ago serving as World Controller, the place she was accountable for monetary controls and compliance, exterior reporting, and coordinating straight with the corporate’s Audit Committee. Moreover, she headed HP’s Finance Technique and Transformation efforts and oversaw Company Monetary Planning and Evaluation.

Beforehand, Bramley served in quite a few roles of accelerating duty inside HP’s finance operate, together with Head of Finance for Europe, Center East and Africa, the place she oversaw $17 billion in income and partnered with the Regional President to develop and implement technique, planning and efficiency administration. Bramley was additionally Vice President, Company Monetary Planning and Evaluation at HP, the place she supported all enterprise items that, collectively, exceeded $100 billion in income, and led the annual funds and month-to-month forecast course of.

“Claire’s deep monetary acumen, data of the know-how sector and experience with multinational organizations present process important change make her the best individual to be our subsequent CFO and assist us win within the market,” stated Steve McMillan, President and CEO of Teradata. “Claire is a collaborative govt with a confirmed observe document of main large-scale fiscal and operational disciplines, driving monetary and strategic planning, and proactive threat administration. As we proceed to construct momentum and speed up worthwhile progress, Claire’s historical past of operational excellence will likely be an incredible asset to our world-class crew as we execute our technique and drive worth for our shareholders.”

“Teradata is within the midst of thrilling change and is experiencing important progress throughout its enterprise, and I’m thrilled to hitch the crew,” stated Bramley. “I sit up for working with Steve and the management crew to speed up the Firm’s monetary and operational efficiency, whereas strengthening our competitiveness and profitability.”

McMillan continued, “I significantly admire Mark’s professionalism, experience and contributions. Mark has performed a major position advancing our finance group and shifting the Firm to a recurring income mannequin. On behalf of everybody at Teradata, we thank him for his service to the Firm and need him all the very best.”

Further Particulars About Claire Bramley

Previous to HP, Bramley served as Appearing CFO, Finance Controller and Head of Monetary Evaluation and Reporting at SSP Group PLC., a number one operator of meals and beverage shops in journey places worldwide. Bramley has a BSc. in Accounting and Monetary Administration from the College of Loughborough, Loughborough, UK. She is a Licensed Public Accountant and Chartered Administration Accountant.

Be aware to Buyers

This launch comprises forward-looking statements inside the that means of Part 21E of the Securities and Alternate Act of 1934. Ahead-looking statements usually relate to opinions, beliefs and projections of anticipated future monetary and working efficiency, enterprise tendencies, and market circumstances, amongst different issues. These forward-looking statements are based mostly upon present expectations and assumptions and contain dangers and uncertainties that might trigger precise outcomes to vary materially, together with the components mentioned on this launch and people components described every so often in Teradata’s filings with the U.S. Securities and Alternate Fee, together with its annual report on Kind 10-Ok for the 12 months ended December 31, 2020 and subsequent quarterly experiences on Varieties 10-Q, in addition to the Firm’s annual report back to stockholders. Teradata doesn’t undertake any obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by regulation.