WATERLOO, ON — January 29, 2026 — Leads & Copy — OpenText Corporation (NASDAQ: OTEX) (TSX: OTEX) today announced that its Board of Directors has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20, 2026.
According to the announcement, Mr. Antoun brings more than three decades of global technology, operating discipline and transformation leadership to OpenText. As President of IBM Americas, he led the company’s largest and most complex business across the U.S., Canada, and Latin America. During his tenure at IBM, he drove major advancements in cloud, infrastructure, cybersecurity, cognitive solutions and digital modernization.
P. Thomas Jenkins, Executive Chairman and Chief Strategy Officer, OpenText, said that the Board believes that Mr. Antoun is the best leader to drive shareholder value by growing revenue in their core Enterprise Information Management for training Agentic AI business. He added that Mr. Antoun’s deep enterprise technology and software expertise and decades of leading large-scale global transformations will be a catalyst for OpenText’s next phase of growth.
Mr. Antoun succeeds James McGourlay, who continues to serve as Interim CEO. Upon the transition, Mr. McGourlay will move to a role within the Executive Leadership Team at OpenText and P. Thomas Jenkins, currently serving as OpenText’s Executive Chair and Chief Strategy Officer, will return to the role of Chair of the Board.
Mr. Jenkins thanked James for his leadership as Interim CEO and for the strong results they are realizing by his commitment to their clients. Mr. Jenkins said that he looks forward to welcoming Ayman back home to Kitchener-Waterloo and to work with him, their Board and Executive Leadership Team as OpenText continues to advance its strategy.
David Fraser, Lead Independent Director, OpenText, and Co-Chair of the CEO Search Committee, said that the Board’s CEO Search Committee conducted a thorough CEO search, assessing a strong and diverse slate of global candidates against the Company’s strategic direction to identify the right leadership fit. He added that they were impressed by Ayman’s experience leading major technology organizations, particularly in cloud and digital modernization, along with strong international relationships across public and private sectors. He also noted that it became clear in their conversations with Ayman that he is uniquely positioned to advance the Company’s leadership in enterprise AI during their pivotal phase of growth.
Ayman Antoun, incoming Chief Executive Officer, OpenText, said that OpenText’s core product portfolio, which is the foundation for training agentic AI, combined with its worldwide client base offers the Company a competitive advantage as trusted data is now essential to how economies, nations and businesses operate around the world. He added that he is energized by the opportunity to lead OpenText into its next chapter and looks forward to working with the Board and leadership team to accelerate the Company’s growth strategy and deliver long-term shareholder value.
Mr. Antoun held numerous executive roles over 35 years at IBM, most recently serving as President of IBM Americas from 2020 to 2023, and before that as President of IBM Canada and General Manager, Global Technology Services. He was also Senior Vice President of Business Market Sales at Bell Canada from 2013 to 2015. Mr. Antoun currently serves as a board member of TD Bank and CAE. He holds a Bachelor of Science in Electrical Engineering from the University of Waterloo and is a graduate of the Harvard Business School’s Executive program in financial analysis, business management and strategic planning.
OpenText is a global leader in secure information management for AI, helping organizations protect, govern, and activate their data with confidence. Their technologies turn data into information with context to form the knowledge base for AI.
Source: OpenText
