Jun 8, 2021 | SAN DIEGO

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

Teradata (NYSE: TDC), the linked multi-cloud knowledge platform for enterprise analytics, at this time introduced that its Board of Administrators has appointed Claire Bramley as Chief Monetary Officer, efficient June 14, 2021. Bramley succeeds Mark Culhane, who can 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 can be a member of the Govt Management Staff, answerable for main Teradata’s monetary group, info expertise, analytics and safety, enterprise danger, and enterprise strategic sourcing.

Bramley brings in depth senior management expertise in company finance and accounting roles, in addition to deep data of the expertise trade. She had a virtually 15-year profession at HP Inc., most just lately serving as World Controller, the place she was answerable for monetary controls and compliance, exterior reporting, and coordinating instantly 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 accountability inside HP’s finance perform, 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 price range and month-to-month forecast course of.

“Claire’s deep monetary acumen, data of the expertise sector and experience with multinational organizations present process important change make her the perfect particular person to be our subsequent CFO and assist us win within the market,” mentioned Steve McMillan, President and CEO of Teradata. “Claire is a collaborative government with a confirmed monitor report of main large-scale fiscal and operational disciplines, driving monetary and strategic planning, and proactive danger administration. As we proceed to construct momentum and speed up worthwhile progress, Claire’s historical past of operational excellence can be an incredible asset to our world-class staff 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 affix the staff,” mentioned Bramley. “I sit up for working with Steve and the management staff to speed up the Firm’s monetary and operational efficiency, whereas strengthening our competitiveness and profitability.”

McMillan continued, “I vastly recognize Mark’s professionalism, experience and contributions. Mark has performed a big 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.”

Extra Particulars About Claire Bramley

Previous to HP, Bramley served as Performing CFO, Finance Controller and Head of Monetary Evaluation and Reporting at SSP Group PLC., a number one operator of meals and beverage retailers in journey areas 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.

Word to Traders

This launch incorporates forward-looking statements throughout the which means of Part 21E of the Securities and Trade Act of 1934. Ahead-looking statements typically relate to opinions, beliefs and projections of anticipated future monetary and working efficiency, enterprise developments, and market circumstances, amongst different issues. These forward-looking statements are primarily based 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 once in a while in Teradata’s filings with the U.S. Securities and Trade Fee, together with its annual report on Kind 10-Okay for the yr 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 info, future occasions or in any other case, besides as required by legislation.