Open Text Corp 8-K, filed Dec 7, 2020
Open Text Corp (OTEX)
8-K
2020-12-07
For: 2020-12-07
View Original
Added on
April 09, 2026
About this 8-K
Open Text Corp filed this 8-K on December 7, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________
FORM 8-K
______________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 7, 2020
______________________
(Exact name of Registrant as specified in its charter)
______________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices)
(519 ) 888-7111
(Registrant's telephone number, including area code)
______________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Company announced today that veteran OpenText executive Prentiss Donohue has been appointed Executive Vice President, SMB/C Sales (Small and Medium-Sized Business and Consumer), effective immediately. Mr. Donohue replaces Craig Stilwell, who is retiring from OpenText following the successful integration of Carbonite into OpenText.
Mr. Stillwell provided notice of his retirement from OpenText on December 2, 2020 and will remain with the Company until March 2, 2021 for transition purposes.
Mr. Donohue joined OpenText in 2016 from Oracle, bringing more than twenty years of experience in executive roles. At OpenText, he has held a variety of senior roles, most recently serving as the Senior Vice President, Partners & Alliances.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 101.INS | XBRL instance document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |||||||
| 101.SCH | Inline XBRL taxonomy extension schema. | |||||||
| 101.CAL | Inline XBRL taxonomy extension calculation linkbase. | |||||||
| 101.DEF | Inline XBRL taxonomy extension definition linkbase. | |||||||
| 101.LAB | Inline XBRL taxonomy extension label linkbase. | |||||||
| 101.PRE | Inline XBRL taxonomy extension presentation. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| OPEN TEXT CORPORATION | ||||||||||||||
| December 7, 2020 | By: | /s/ Gordon A. Davies | ||||||||||||
| Gordon A. Davies EVP, Chief Legal Officer and Corporate Development | ||||||||||||||
Exhibit Index
Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 101.INS | XBRL instance document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |||||||
| 101.SCH | Inline XBRL taxonomy extension schema. | |||||||
| 101.CAL | Inline XBRL taxonomy extension calculation linkbase. | |||||||
| 101.DEF | Inline XBRL taxonomy extension definition linkbase. | |||||||
| 101.LAB | Inline XBRL taxonomy extension label linkbase. | |||||||
| 101.PRE | Inline XBRL taxonomy extension presentation. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
Exhibit 99.1
OpenText Appoints Prentiss Donohue as
Executive Vice President, SMB/C Sales
Waterloo, ON – December 7, 2020 – OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that veteran OpenText executive Prentiss Donohue has been appointed Executive Vice President, SMB/C Sales (Small and Medium-Sized Business and Consumer). Mr. Donohue replaces Craig Stilwell, who is retiring from OpenText following the successful integration of Carbonite into OpenText.
“I would like to thank Craig for helping OpenText complete the integration of Carbonite; we are grateful for all that he has accomplished over the last year,” said Mark J. Barrenechea, OpenText, CEO & CTO. “I am also very excited to announce that Prentiss Donohue will be leading the SMB/C go-to-market team. Prentiss is an accomplished OpenText veteran with extensive channel experience, who has consistently delivered incredible results for customers, partners and employees throughout his tenure at OpenText. SMB/C is a strategic market area that is contributing to our customer acquisition and cloud growth.”
Prentiss Donohue joined OpenText in 2016 from Oracle, bringing more than twenty years of experience in executive roles. At OpenText, he has held a variety of senior roles, most recently serving as the Senior Vice President, Partners & Alliances.
The Partners & Alliances organization will become part of the broader enterprise sales team, reporting to Simon “Ted” Harrison, Executive Vice President, Worldwide Sales, to further strengthen OpenText’s enterprise go-to-market and growth plans.
The changes are effective immediately. Both Mr. Harrison and Mr. Donohue report to OpenText’s CEO & CTO, Mark J. Barrenechea.
About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2020 Open Text. All rights reserved. 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 or other respective owners.
Further information:
Chris Plunkett
OpenText
519-497-0742
publicrelations@opentext.com