Open Text appoints Antoun CEO

Executive Summary

• Open Text Corp. has appointed Ayman Antoun as its new Chief Executive Officer and a member of the board, effective April 20, 2026.
• Antoun succeeds James McGourlay, who served as interim CEO; McGourlay will transition to a role within the executive leadership team.
• P. Thomas Jenkins will return to the role of Chair of the Board, having previously served as Executive Chairman and Chief Strategy Officer.

Key Details

• New CEO Appointment: Ayman Antoun appointed as Chief Executive Officer and Board Member, effective April 20, 2026.
• Succession Plan: James McGourlay steps down as interim CEO and moves to a new role within the executive leadership team.
• Board Role Change: P. Thomas Jenkins returns to the role of Chair of the Board.
• CEO Background: Antoun brings over 30 years of global technology and transformation leadership, most recently serving as President of IBM Americas (2020–2023). Previous roles include President of IBM Canada, GM of Global Technology Services at IBM, and SVP of Business Market Sales at Bell Canada.
• Strategic Focus: The board cites Antoun’s expertise in cloud, infrastructure, cybersecurity, and digital modernization as key drivers for growing revenue in the core enterprise information management business and training agentic AI.
• Personal Connection: Antoun is a native of the Kitchener-Waterloo area, having attended the University of Waterloo.
• Current Board Service: Antoun currently serves on the boards of TD Bank and CAE.
• Education: Bachelor of Science in Electrical Engineering from the University of Waterloo; Graduate of Harvard Business School’s executive program in financial analysis, business management, and strategic planning.

Notable Quotes

• P. Thomas Jenkins, Executive Chairman and Chief Strategy Officer: "The board is very pleased to welcome Ayman to Open Text and as we look ahead to the company's future, the board believes that he is the best leader to drive shareholder value by growing revenue in our core enterprise information management for training agentic AI business."
• Ayman Antoun, Incoming CEO: "Open Text'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. I am energized by the opportunity to lead Open Text into its next chapter..."