Could 7, 2020 | SAN DIEGO, California

Confirmed Know-how Chief Brings a Monitor Document of Driving International Technique and Execution in Hypergrowth Enterprise Cloud Companies

Teradata (NYSE: TDC) right now introduced that its Board of Administrators has appointed Steve McMillan President and Chief Government Officer, and a member of the Board of Administrators, efficient June 8, 2020. Mr. McMillan was beforehand at F5 Networks, Inc. as Government Vice President of International Companies. He succeeds interim President and Chief Government Officer, Victor Lund. Mr. Lund will step down from the Firm’s Board of Administrators, efficient upon the appointment of Mr. McMillan as CEO on June 8, 2020.

With practically twenty years in senior management positions, Mr. McMillan is a seasoned know-how govt with a formidable monitor document of reworking enterprise companies and product companies into industry-leading cloud portfolio choices. His relentless concentrate on prospects and powerful bias for motion will assist propel Teradata to new ranges of success.

“Throughout this time of transformation, there isn’t a higher particular person to steer Teradata than Steve McMillan,” stated Mike Gianoni, Chairman of the Teradata Board of Administrators. “Steve is a confirmed chief with great operational expertise and enterprise acumen, and he has a novel capability to deliver folks collectively to realize excellent outcomes and drive companywide transformations to the cloud. His imaginative and prescient for the way knowledge will likely be leveraged world wide is exactly what Teradata wants as we speed up our transformation, buyer success, product innovation, and return to progress.”

Most lately, at F5, Mr. McMillan was answerable for greater than half of the Firm’s worldwide operations and achieved important top-line progress and industry-leading buyer satisfaction. Beforehand, he served as Senior Vice President, Buyer Success, and Managed Cloud Companies at Oracle, the place he guided the Firm’s transformation from a standard internet hosting enterprise to a high-growth, high-margin differentiated cloud choices platform. Earlier than Oracle, Mr. McMillan spent practically 20 years at IBM, the place he held quite a lot of more and more senior management roles driving operations and execution with a constant document of exceeding income and revenue targets, enterprise transformation, and collaborative management.

“It’s a privilege to have the chance to steer Teradata within the subsequent chapter of its progress technique,” stated Mr. McMillan. “Leveraging insights from knowledge has by no means been extra essential, and Teradata is main the best way in serving to international enterprises unlock actual enterprise worth from this asset. Teradata has a novel place in a big market, best-in-class know-how, a blue-chip buyer base, and gifted workers. I intend to take a customer-led strategy and convey my collaborative and open management model to this nice franchise to advance its technique and to make sure Teradata is the associate of selection for patrons world wide who want hybrid, cloud-based options.”

Mr. Gianoni added, “I wish to thank Vic for his in depth contributions to Teradata. We sit up for persevering with to profit from his institutional data as an advisor to the Firm by the tip of the yr and need him all one of the best.”

In a separate press launch to be issued right now, Teradata will report 2020 first-quarter monetary outcomes. Teradata will host a convention name at investor.teradata.com right now, at 2 pm PT, to debate its monetary outcomes. The dwell broadcast and a replay will likely be out there on the Teradata web site at investor.teradata.com.