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Brings Confirmed Enterprise Management of Cloud Transformation Actions and Monetary Experience
Teradata (NYSE: TDC) at this time introduced the election of Todd McElhatton to its Board of Administrators, efficient June 1, 2022. Along with his election, Teradata expanded the scale of the Board from 9 to 10 administrators, 9 of whom are unbiased.
McElhatton brings greater than 25 years of company finance management expertise, with particular emphasis on the shift from enterprise software program to the cloud. He presently serves as Chief Monetary Officer of Zuora, an NYSE-listed cloud-based subscription administration software program firm, a place he has held since June 2020. He beforehand held numerous roles at SAP, together with SVP and CFO of the Cloud Enterprise Group, the place he led the execution of the monetary imaginative and prescient for its cloud enterprise technique throughout a number of traces of enterprise globally, and SVP and CFO of SAP North America, the place he offered oversight to SAP’s monetary actions in the USA and Canada. Previous to that, McElhatton served as CFO of VMware’s Hybrid Cloud Enterprise, Vice President of Oracle’s Cloud Providers, and CFO of Hewlett Packard’s Managed Providers Enterprise.
“Todd’s experience on the intersection of finance and cloud transformation immediately aligns with Teradata’s strategic plan and will probably be an incredible asset as we proceed to execute our personal transformation and drive sustainable worthwhile development,” mentioned Mike Gianoni, Chairman of the Board. “Our ongoing efforts to reinforce the cloud experience of our Board is a testomony to our dedication to supporting Teradata’s development goals, and we’re delighted to welcome Todd to the Board.”
McElhatton mentioned, “Teradata has seen super success in its cloud transformation with an thrilling roadmap forward. Strategic capital funding and self-discipline are core to Teradata’s execution, and I stay up for working with the Board to assist construct on Teradata’s progress and momentum.”
McElhatton was chosen following a complete search performed by the Board and he has been elected as a Class III director. He’ll function a member of Teradata’s Audit Committee and has been designated as an Audit Committee Monetary Skilled. McElhatton holds a B.A. in Enterprise Administration from Southern Methodist College and an M.B.A. from the College of Tennessee.
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