secwatch.observer — SEC 8-K summary
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Issuer:     TERADATA CORP /DE/ (TDC)
CIK:        0000816761
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000816761-24-000159
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816761/000081676124000159/0000816761-24-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816761/000081676124000159/tdc-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000816761-24-000159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer