09:04 AM EDT, 07/09/2025 (MT Newswires) -- Open Text ( OTEX ) said Wednesday that Chadwick Westlake will step down as chief financial officer in order to take on the role of chief executive at EQB, effective Aug. 15.

The company said it named Chief Accounting Officer Cosmin Balota as interim CFO and that it has initiated a search for a permanent CFO.

Open Text ( OTEX ) said it expects Q4 preliminary revenue of about $1.31 billion. Analysts surveyed by FactSet are expecting revenue of $1.29 billion.

The company is due to report Q4 results on Aug. 7.