Teradata reports Q3 2024 earnings and CPO Hillary Ashton to depart Dec 31

TERADATA CORP /DE/

Earnings press release issued Nov 4, 2024 for Q3 FY2024; specific results not provided in filing.
CPO Hillary Ashton's position eliminated effective Dec 31, 2024 due to restructuring and personal reasons.
CEO Steve McMillan to oversee Products Organization after CPO transition.
Ms. Ashton eligible for severance under Executive Severance Plan and accelerated equity vesting.
Restructuring announced Aug 5, 2024 to optimize operations and reduce non-revenue expenses.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Hillary Ashton

Chief Product Officer

TDC · TERADATA CORP /DE/

Effective: 2024-12-31
Filed: November 4, 2024, 6:59 PM ET

the position of Chief Product Officer, held by Hillary Ashton, a Named Executive Officer of the Company, will be eliminated effective as of December 31, 2024 (the "CPO Transition").

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Hillary Ashton departed as Chief Product Officer at TERADATA CORP /DE/.

Action: will be eliminated
Role: Chief Product Officer

Exact text from the filing

the position of Chief Product Officer, held by Hillary Ashton, a Named Executive Officer of the Company, will be eliminated effective as of December 31, 2024 (the "CPO Transition").

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TERADATA CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000816761-24-000159

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