MARKET WIRE NEWS

OpenText Appoints George Schindler to Board of Directors

MWN-AI** Summary

OpenText Corporation has announced the appointment of George Schindler to its board of directors, effective October 6, 2025. Schindler, who served as President and CEO of CGI Inc. from 2016 to 2024, brings a wealth of experience in driving growth and enhancing shareholder value in the technology consulting sector. His leadership at CGI was marked by the execution of a profitable growth strategy that bolstered the company's standing as a prominent global player in IT consulting and services.

Tom Jenkins, Executive Chair of OpenText's Board, expressed enthusiasm for Schindler's appointment, emphasizing the valuable perspective he will contribute to the board as OpenText continues to focus on its core Information Management for AI business. Schindler's extensive background in managing large-scale operations, including his tenure as President and COO of CGI, positions him as an influential addition to OpenText's leadership team. His recognition as a Top 100 Leader by Federal Computer Week further highlights his influence within the technology industry.

Schindler holds a Bachelor of Science degree in Computer Science from Purdue University, underscoring his technical expertise that aligns well with OpenText’s commitment to delivering advanced solutions in Business AI and cloud technology. OpenText, a leader in Cloud and AI, provides organizations with a suite of technologies aimed at fostering innovation, efficiency, and secure information management solutions.

As OpenText continues to evolve in an increasingly digital landscape, Schindler's strategic insights and operational proficiency are expected to play a significant role in shaping the company’s future initiatives and securing its position in the competitive market.

MWN-AI** Analysis

The appointment of George Schindler to the board of directors at OpenText Corporation (NASDAQ: OTEX) could signal a pivotal shift for the company as it seeks to bolster its strategy in the rapidly evolving landscape of Information Management and AI. Mr. Schindler, who previously led CGI Inc., brings a wealth of experience in driving profitable growth strategies and corporate transformation, which could be instrumental for OpenText moving forward.

As the company more keenly focuses on expanding its core offerings in Business AI and Business Cloud, Schindler’s proven leadership and strategic acumen could provide invaluable insights that help navigate competitive pressures and enhance shareholder value. His background in leading a major IT consulting firm will allow him to contribute effectively to OpenText’s vision of innovating and adapting to technological advancements while addressing customer needs in an increasingly digital environment.

Investors should view this development positively, as it reflects OpenText’s commitment to strengthening its management structure and strategic direction. Schindler’s track record of enhancing market position, along with his recognition as an industry leader, suggests that his influence on the board could lead to innovations in product offerings and market outreach.

Moreover, with an ongoing focus on cloud services and AI capabilities—a sector witnessing exponential growth—OpenText is well-positioned to capitalize on these trends. However, investors should also be cognizant of potential challenges as the market evolves. Continuous evaluation of operational execution and competitive positioning will be crucial in the months to come.

Overall, the appointment is a strategic move that could enhance OpenText’s growth trajectory, making it an interesting consideration for potential investors looking for exposure in the tech space, particularly in areas focused on AI and digital transformation.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

WATERLOO, ON , Oct. 6, 2025 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of George Schindler to its board of directors. Mr. Schindler previously served as President and Chief Executive Officer of CGI Inc. ("CGI") from 2016 to 2024 and currently serves as a member of the board of directors of CGI. In his capacity as President and Chief Executive Officer, he led the development and implementation of CGI's profitable growth strategy to strengthen its market position as one of the world's leading global business and strategic IT consulting services firms.

"I am very pleased to welcome George to the OpenText Board," said Tom Jenkins , Executive Chair of the Board. "As a former CEO with a proven track record of driving growth and creating shareholder value, George will bring another valuable perspective to the Board as we continue to enhance focus on the company's core Information Management for AI business."

Prior to his appointment as President and Chief Executive Officer of CGI, Mr. Schindler served as President and Chief Operating Officer of CGI from 2015 to 2016 and as President, United States and Canada Operations from 2011 to 2015. A recognized industry leader, Mr. Schindler has twice been named a Top 100 Leader by Federal Computer Week. He holds a Bachelor of Science degree in Computer Science from Purdue University .

About OpenText

OpenText is a leading Cloud and AI company that provides organizations around the world with a comprehensive suite of Business AI, Business Clouds, and Business Technology. We help organizations grow, innovate, become more efficient and effective, and do so in a trusted and secure way – through Information Management. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at https://www.opentext.com .

OTEX-G

Copyright ©2025 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: https://www.opentext.com/about/copyright-information .

SOURCE Open Text Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2025/06/c5113.html

FAQ**

How might George Schindler's experience as a former CEO of CGI Inc. influence strategic decisions at Open Text Corporation OTEX moving forward?

George Schindler's experience as CEO of CGI Inc. could foster strategic decisions at Open Text Corporation OTEX by leveraging his expertise in digital transformation and operational efficiency to enhance innovation, customer solutions, and market competitiveness.

What specific areas of growth does Open Text Corporation OTEX plan to focus on with George Schindler now serving on their board of directors?

Open Text Corporation (OTEX) plans to focus on strategic growth areas such as enhancing its cloud offerings, expanding artificial intelligence capabilities, and increasing market penetration in the digital transformation space under George Schindler’s direction on the board.

In what ways does the addition of George Schindler to the board strengthen Open Text Corporation OTEX's commitment to enhancing its Information Management for AI business?

The addition of George Schindler to Open Text Corporation's board strengthens its commitment to enhancing Information Management for AI by leveraging his extensive experience in technology leadership and strategic growth, thereby reinforcing the company's focus on innovation and market relevance.

How does Open Text Corporation OTEX evaluate the potential impact of Schindler's leadership background on shareholder value and company performance?

Open Text Corporation evaluates Schindler's leadership background by analyzing his previous experience, strategic vision, and ability to drive innovation and profitability, ultimately assessing how these factors can enhance shareholder value and overall company performance.

**MWN-AI FAQ is based on asking OpenAI questions about Open Text Corporation (NASDAQ: OTEX).

Open Text Corporation

NASDAQ: OTEX

OTEX Trading

0.5% G/L:

$24.06 Last:

466,593 Volume:

$23.79 Open:

mwn-ir Ad 300

OTEX Latest News

February 05, 2026 06:34:28 pm
OpenText (OTEX) Q2 2026 Earnings Call Transcript

OTEX Stock Data

$6,598,921,372
246,543,012
0.02%
110
N/A
Software & IT Services
Technology
CA
Waterloo

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App