---
schema_version: "secwatch.filing_event.v1"
accession: "0001002638-25-000070"
form_type: "8-K/A"
ticker: "OTEX"
cik: "0001002638"
company_name: "OPEN TEXT CORP"
filed_at: "2025-08-22T23:59:59+00:00"
generated_at: "2026-05-17T10:28:44.292637+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Open Text appoints James McGourlay as Interim CEO; discloses compensation terms

## Summary
- James McGourlay appointed Interim CEO effective August 11, 2025.
- Additional premium of C$25,695 per pay period during interim role.
- Eligible for FY2026 annual variable compensation of 100% of base salary (incl. premium).
- Target equity grant of US$281,250 in RSUs and PSUs.
- No other changes to employment terms.

## SEC filing metadata
- accession: 0001002638-25-000070
- form_type: 8-K/A
- ticker: OTEX
- cik: 0001002638
- company_name: OPEN TEXT CORP
- filed_at: 2025-08-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002638/000100263825000070/0001002638-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002638/000100263825000070/otex-20250811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001002638-25-000070
- JSON: https://secwatch.observer/filing/0001002638-25-000070.json
- Plain text: https://secwatch.observer/filing/0001002638-25-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.