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Open Text Corp (OTEX)
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OpenText Strengthens Board with Appointment of Kristen Ludgate

Last updated: June 26, 2025
Taurigo

Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) has made a significant addition to its board of directors, announcing the appointment of Kristen Ludgate on June 26, 2025. This strategic move comes as part of the company’s ongoing commitment to board enhancement and reflects a dedication to aligning its governance with shareholder interests.

1. Kristen Ludgate: A Proven Leader in Human Resources

Kristen Ludgate brings a wealth of experience and expertise to OpenText, particularly in the realms of workforce management and human resources strategies. Prior to her appointment, Ludgate served as the Chief People Officer at HP Inc., where she played a pivotal role in guiding the company through substantial transformation. Her tenure at HP was marked by the implementation of future-of-work strategies, leadership development initiatives, and advancements in talent management and skills platforms.

Tom Jenkins, Chair of the Board of Directors at OpenText, expressed his enthusiasm for Ludgate's appointment, stating, "I am very pleased to welcome Kristen to the OpenText Board. She is a seasoned technology executive with extensive expertise in overseeing people, culture, workforces, and human resources strategies. Kristen's appointment reflects the Board's ongoing commitment to board refreshment, which has seen five new directors with diverse skill sets added in the past five years."

2. A Track Record of Success

Before her time at HP, Ludgate amassed over 15 years of experience at 3M Company, where she excelled as Executive Vice President and Chief Human Resources Officer. During her tenure at 3M, she made People & Culture a key strategic priority, demonstrating her capability in leading global teams across various functions, including legal, compliance, and communications.

Ludgate holds a bachelor's degree from Bowdoin College and a Juris Doctor (J.D.) from the University of Minnesota Law School. She is also a current board member of Associated Bank, where she contributes her expertise to the Compensation and Benefits and Corporate Governance and Social Responsibilities committees.

3. Enhancing Governance Standards

Ludgate's extensive background in executive compensation is anticipated to further strengthen OpenText's governance standards. As companies increasingly focus on aligning executive pay with performance and shareholder expectations, her insights will be invaluable in refining the Board's compensation governance practices.

4. Conclusion

The addition of Kristen Ludgate to OpenText's board is a strategic move aimed at bolstering the company's leadership and governance capabilities. With her rich background in human resources and organizational culture, Ludgate is poised to make significant contributions to OpenText as it continues to address complex global challenges through its comprehensive suite of Business Clouds, Business AI, and Business Technology.

As OpenText continues to evolve in the fast-paced technology landscape, the commitment to board diversity and expertise will play a critical role in driving the company's future success.

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