Nov 5, 2020 | San Diego, California

David Kepler and James Ringler to Retire; Board Dimension to be Decreased to 9 Administrators

Teradata (NYSE: TDC), the related multi-cloud information platform for enterprise analytics firm, as we speak introduced that David Kepler and James Ringler intend to retire from the Board of Administrators as of the time of the 2021 Annual Assembly of Stockholders. With these adjustments, Teradata will cut back the scale of its Board to 9 members, eight of whom shall be unbiased. In reference to as we speak’s announcement, and reflective of Teradata’s ongoing board succession planning, Kimberly Nelson, a director of Teradata since November 2019 and the Government Vice President and Chief Monetary Officer of SPS Commerce, Inc., has been appointed Chair of the Board’s Audit Committee, efficient January 1, 2021.

Michael Gianoni, Chairman of the Teradata Board of Administrators, acknowledged, “On behalf of the whole Board, I need to prolong my gratitude to Dave and Jim for his or her distinguished service and vital contributions to Teradata over a few years. Each Dave and Jim have been integral members of our Board since 2007 and we want all of them one of the best going ahead.”

Mr. Gianoni continued, “As a Board, our focus is on best-in-class company governance that aligns with the execution of the Firm’s long-term technique. With efficient and agile oversight, and a management workforce accelerating its cloud-based technique, Teradata is extraordinarily well-positioned to proceed delivering for our clients, supporting our individuals and driving excellent prime and backside line expectations to reinforce shareholder worth. The strong third quarter 2020 monetary outcomes introduced as we speak mirror the efforts of Steve McMillan and the whole workforce, and we look ahead to continued success.”