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OpenText Appoints Kristen Ludgate to Board of Directors

1. Kristen Ludgate joins OTEX board, enhancing HR and workforce strategy expertise. 2. Ludgate previously served as Chief People Officer at HP Inc. 3. She brings significant experience from her role at 3M Company. 4. Her appointment follows a trend of diversified board refreshment at OTEX. 5. Focus on cultural and strategic leadership aligns with shareholder expectations.

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FAQ

Why Bullish?

Ludgate's extensive experience in HR can drive OTEX's employee engagement and productivity. Historical examples show that strong HR leadership positively influences company performance, e.g., Satya Nadella's role in Microsoft's cultural shift.

How important is it?

Ludgate's appointment directly impacts OTEX's approach to talent management and HR strategies, making it an important development for investors.

Why Long Term?

Ludgate's strategies in workforce management may yield benefits over time. Previous leadership changes at tech firms often take time to show their effects, such as HR leaders boosting morale and culture at companies like Salesforce.

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HPMMMCRM
, /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Kristen Ludgate to its board of directors. Ms. Ludgate is a seasoned executive and strategic advisor on global workforce and human resource strategies. Most recently, Ms. Ludgate served as Chief People Officer at HP Inc., a global publicly traded technology company with a broad product and services portfolio. At HP, Ms. Ludgate helped HP through significant transformation, deploying future-of-work strategies, strengthening leadership development, evolving culture, and implementing talent management and skills platforms. "I am very pleased to welcome Kristen to the OpenText Board," said Tom Jenkins, Chair of the Board of Directors. "She is a seasoned technology executive with extensive expertise in overseeing people, culture, workforces, and human resources strategies, functions, and programs. Kristen's appointment reflects the Board's ongoing commitment to board refreshment, which has seen five new directors with diverse skillsets added in the past five years. Her extensive expertise in executive compensation will further bolster the Board's compensation governance standards, in line with shareholder expectations." Prior to joining HP, Ms. Ludgate spent more than 15 years at 3M Company, with her most recent role as Executive Vice President and Chief Human Resources Officer, where she led People & Culture as a key strategic priority.  She held multiple legal and executive roles at 3M, leading global teams in legal, compliance, human resources, and communications.  Ms. Ludgate has a bachelor's degree from Bowdoin College and a J.D. from University of Minnesota Law School. Ms. Ludgate currently serves on the Board of Directors of Associated Bank, a publicly-traded bank, and is a member of their Compensation and Benefits and Corporate Governance and Social Responsibilities committees. About OpenText OpenText is the leading Information Management software and services company in the world. We help organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at https://www.opentext.com. OTEX-G Copyright ©2025 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: https://www.opentext.com/about/copyright-information. SOURCE Open Text Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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