07:58 AM EDT, 08/11/2025 (MT Newswires) -- Open Text ( OTEX ) said Monday it has appointed James McGourlay as interim chief executive officer, effective immediately.

McGourlay, who held the role of executive vice president for international sales, succeeds Mark Barrenechea, who also steps down as the company's chief technology officer and board vice chairman, the company said.

Open Text ( OTEX ) said it appointed P. Thomas Jenkins as executive chair and chief strategy officer and Savinay Berry as chief technical officer. The company said it also established an executive committee to support the leadership team during the transition period, chaired by Jenkins.

The company said it will continue to work with its financial advisors to explore portfolio-shaping opportunities that focus on its core business of information management for AI.

Open Text's ( OTEX ) board has formed a CEO search committee and will retain a leading executive search firm to assist with the process, the company said.