1. OpenText appoints George Schindler to its board of directors. 2. Schindler led CGI's profitable growth strategy as CEO. 3. His experience may enhance OpenText’s focus on AI information management. 4. Executive Chairman praises Schindler's track record of shareholder value creation.
Schindler's vast experience in IT may drive strategic growth for OTEX, akin to CGI's previous success.
Leadership changes can significantly affect strategic direction and investor confidence, especially in tech sectors.
Leadership changes generally yield long-term strategic benefits, evidenced by past board appointments boosting growth trajectories.
WATERLOO, ON, Oct. 6, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced the appointment of George Schindler to its board of directors. Mr. Schindler previously served as President and Chief Executive Officer of CGI Inc. ("CGI") from 2016 to 2024 and currently serves as a member of the board of directors of CGI. In his capacity as President and Chief Executive Officer, he led the development and implementation of CGI's profitable growth strategy to strengthen its market position as one of the world's leading global business and strategic IT consulting services firms.
"I am very pleased to welcome George to the OpenText Board," said Tom Jenkins, Executive Chair of the Board. "As a former CEO with a proven track record of driving growth and creating shareholder value, George will bring another valuable perspective to the Board as we continue to enhance focus on the company's core Information Management for AI business."
Prior to his appointment as President and Chief Executive Officer of CGI, Mr. Schindler served as President and Chief Operating Officer of CGI from 2015 to 2016 and as President, United States and Canada Operations from 2011 to 2015. A recognized industry leader, Mr. Schindler has twice been named a Top 100 Leader by Federal Computer Week. He holds a Bachelor of Science degree in Computer Science from Purdue University.
About OpenText
OpenText is a leading Cloud and AI company that provides organizations around the world with a comprehensive suite of Business AI, Business Clouds, and Business Technology. We help organizations grow, innovate, become more efficient and effective, and do so in a trusted and secure way – through Information Management. For more information about OpenText (NASDAQ/TSX:OTEX), please visit us at https://www.opentext.com.
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