OpenText Hires Shannon Bell as EVP & Chief Digital Officer To Join the Executive Leadership Team

OpenText ™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Shannon Bell as the Chief Digital Officer and new member of OpenText's Executive Leadership Team. Ms. Bell will lead a charter focused on digital and AI systems and data platforms for sales, products, customers, and operations.

OpenText logo (PRNewsfoto/Open Text Corporation) (PRNewsfoto/Open Text Corporation)

"The OpenText future has never been brighter as we expand our Information Management mission with new Cloud Editions from Titanium X, new AI capabilities and our new Micro Focus business areas. We are in a premier position to accelerate transformative value to our customers and partners as they seek The AI Advantage," said OpenText CEO & CTO Mark J. Barrenechea . "We have the strongest leadership team in our history, and I am excited to welcome Shannon to the team as we execute against our strategic plan."

Ms. Bell joins OpenText from Rogers Communications, where she most recently led all aspects of IT, digital, cloud, and data. Having driven many large integration efforts, Ms. Bell is an accomplished Information Technology Executive with international experience in global technology, product management, development, delivery, and operations. At OpenText, she will be responsible for all IT and digital systems, data platforms, networks and communications, commercial and corporate cloud operations, and security and compliance.

"It will be exciting to watch the achievements from our executive team as we continue to grow and scale our cloud business and deliver against our rapid-paced AI innovation agenda in the coming years," added Mr. Barrenechea. "We remain laser focused on our value creation approach to total growth and having a leader focused on the strategic digital and AI agenda within our own company is going to help us better serve our key stakeholders, including our customers, partners and employees."

"I believe OpenText's Information Management Automation and AI strategy will enable OpenText to power and protect organizations to better compete and win," said Shannon Bell EVP & Chief Digital Officer OpenText. "I am excited to be part of the most innovative team in Information Management, and meeting customers at OpenText World next month."

For full information on Shannon Bell , as well as the entire OpenText Executive Leadership team, please visit: https://www.opentext.com/who-we-are/executive-leadership-team .

OpenText™ World Las Vegas

In a rapidly changing era of information and artificial intelligence, businesses must stay ahead by equipping themselves with the right data and tools. At OpenText™ World Las Vegas , attendees will get the chance to explore hands-on labs, insightful keynotes and panel discussions and learn more about OpenText's latest AI-driven innovations featured in the Titanium X journey.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. 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. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. 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. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website ( https://investors.opentext.com ). Such social media channels may include the Company's or our CEO's blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.

Copyright © 2023 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

OTEX-G

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SOURCE Open Text Corporation

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