Open Text Corporation Announces Executive Changes, Effective November 15, 2019; and Declares Dividend, Payable on December 19, 2019
October 01, 2019 at 02:01 am IST
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Open Text Corporation announced that On October 29, 2019, Aditya Maheshwari, Chief Accounting Officer of Open Text Corporation resigned from the Company and his position as principal accounting officer, effective November 15, 2019, in order to pursue a separate opportunity. Mr. Maheshwari will remain with the Company through his effective end date to ensure a smooth transition. Madhu Ranganathan, the Company's EVP, Chief Financial Officer, will serve as its principal accounting officer on an interim basis, effective November 15, 2019, until a successor is named.
The Board of Directors of the Company has declared a dividend of $0.1746 per Common Share, payable on December 19, 2019, to the shareholders of the Company of record on November 29, 2019.
OpenText Corporation is a Canada-based information management company, which provides software and services. The Companyâs comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Companyâs solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services.