Mark Culhane to Stage Down Immediately after Three and a Half Many years of Distinguished Provider
Teradata (NYSE: TDC), the linked multi-cloud data system for enterprise analytics, right now declared that its Board of Administrators has appointed Claire Bramley as Chief Financial Officer, helpful June 14, 2021. Bramley succeeds Mark Culhane, who will be stepping down as CFO on June 13, 2021. To be certain a smooth changeover, Culhane will proceed to be used until eventually June 30, 2021. As CFO, Claire will be a member of the Executive Management Staff, liable for primary Teradata’s money firm, facts technological know-how, analytics and protection, enterprise risk, and enterprise strategic sourcing.
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Claire Bramley, Teradata CFO (Picture: Enterprise Wire)
Bramley provides extensive senior leadership working experience in company finance and accounting roles, as very well as deep awareness of the technological innovation field. She experienced a approximately 15-yr occupation at HP Inc., most a short while ago serving as World-wide Controller, where by she was liable for fiscal controls and compliance, external reporting, and coordinating immediately with the company’s Audit Committee. Also, she headed HP’s Finance System and Transformation endeavours and oversaw Company Economic Scheduling and Investigation.
Previously, Bramley served in many roles of raising accountability inside HP’s finance function, together with Head of Finance for Europe, Center East and Africa, in which she oversaw $17 billion in earnings and partnered with the Regional President to produce and employ system, preparing and overall performance administration. Bramley was also Vice President, Corporate Financial Preparing and Investigation at HP, in which she supported all company models that, collectively, exceeded $100 billion in income, and led the annual budget and monthly forecast method.
“Claire’s deep economical acumen, understanding of the technology sector and expertise with multinational corporations undergoing considerable modify make her the ideal man or woman to be our following CFO and aid us acquire in the market,” reported Steve McMillan, President and CEO of Teradata. “Claire is a collaborative govt with a confirmed observe report of main substantial-scale fiscal and operational disciplines, driving economic and strategic setting up, and proactive threat management. As we keep on to build momentum and accelerate successful progress, Claire’s history of operational excellence will be a tremendous asset to our environment-class staff as we execute our strategy and drive price for our shareholders.”
“Teradata is in the midst of enjoyable alter and is experiencing considerable advancement throughout its organization, and I am thrilled to be a part of the workforce,” reported Bramley. “I glance forward to doing the job with Steve and the leadership group to speed up the Company’s money and operational efficiency, though strengthening our competitiveness and profitability.”
McMillan continued, “I tremendously respect Mark’s professionalism, knowledge and contributions. Mark has played a major job advancing our finance corporation and shifting the Company to a recurring earnings product. On behalf of absolutely everyone at Teradata, we thank him for his provider to the Business and want him all the finest.”
Further Specifics About Claire Bramley
Prior to HP, Bramley served as Performing CFO, Finance Controller and Head of Financial Assessment and Reporting at SSP Team PLC., a primary operator of foods and beverage shops in vacation places throughout the world. Bramley has a BSc. in Accounting and Money Management from the University of Loughborough, Loughborough, United kingdom. She is a Licensed Community Accountant and Chartered Management Accountant.
Notice to Traders
This release is made up of forward-hunting statements within just the that means of Segment 21E of the Securities and Trade Act of 1934. Ahead-searching statements generally relate to views, beliefs and projections of envisioned potential monetary and working effectiveness, company trends, and marketplace circumstances, between other items. These forward-hunting statements are primarily based on present-day expectations and assumptions and require threats and uncertainties that could trigger actual success to differ materially, like the elements talked about in this release and these components described from time to time in Teradata’s filings with the U.S. Securities and Trade Commission, like its once-a-year report on Kind 10-K for the year finished December 31, 2020 and subsequent quarterly reports on Types 10-Q, as effectively as the Company’s yearly report to stockholders. Teradata does not undertake any obligation to publicly update or revise any ahead-on the lookout statements, whether or not as a result of new information and facts, future occasions or in any other case, apart from as demanded by law.
About Teradata
Teradata is the related multi-cloud information system for company analytics, fixing information problems from start out to scale. We assist organizations unlock worth by turning knowledge into their finest asset. See how at teradata.com.
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