Teradata Corp. Reports Executive Changes and Financial Updates

Ticker: TDC · Form: 8-K · Filed: Feb 11, 2025 · CIK: 816761

Teradata Corp /De/ 8-K Filing Summary
FieldDetail
CompanyTeradata Corp /De/ (TDC)
Form Type8-K
Filed DateFeb 11, 2025
Risk Levelmedium
Pages5
Reading Time6 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: executive-changes, financial-condition, board-of-directors

Related Tickers: TDC

TL;DR

Teradata's leadership shuffle is underway, with exec departures and new directors named. Financials also updated.

AI Summary

On February 7, 2025, Teradata Corporation filed an 8-K report detailing changes in its executive team and financial condition. The filing includes information on the departure of certain officers and the election of new directors, alongside financial results. Specific financial figures and executive compensation details are expected to be elaborated upon in subsequent filings or exhibits.

Why It Matters

This filing signals potential shifts in Teradata's leadership and strategic direction, which could impact its financial performance and market position.

Risk Assessment

Risk Level: medium — Changes in executive leadership and the reporting of financial condition can introduce uncertainty and potential volatility for the company.

Key Players & Entities

  • Teradata Corporation (company) — Registrant
  • February 7, 2025 (date) — Date of earliest event reported
  • Delaware (jurisdiction) — State of incorporation
  • 75-3236470 (identifier) — I.R.S. Employer Identification No.
  • 17095 Via Del Campo, San Diego, California 92127 (address) — Principal executive offices
  • ( 866 ) 548-8348 (phone_number) — Registrant's telephone number

FAQ

What specific executive positions have seen departures or appointments?

The filing indicates the departure of certain officers and the election of new directors, but the specific roles are not detailed in the provided text.

What are the key financial results being reported?

The filing notes 'Results of Operations and Financial Condition' as an item, but specific financial figures are not included in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported is dated February 7, 2025.

What is Teradata Corporation's principal executive office address?

Teradata Corporation's principal executive offices are located at 17095 Via Del Campo, San Diego, California 92127.

What is the Commission File Number for Teradata Corporation?

Teradata Corporation's Commission File Number is 001-33458.

Filing Stats: 1,510 words · 6 min read · ~5 pages · Grade level 14 · Accepted 2025-02-11 16:09:46

Key Financial Figures

  • $0.01 — ange on which registered Common Stock, $0.01 par value TDC New York Stock Exchange

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. Teradata Corporation ("Teradata" or the "Company") is furnishing the following information as required under Item 2.02 "Results of Operations and Financial Condition" of Form 8-K. Such information, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. On February 11, 2025, the Company issued a press release setting forth its fourth quarter and full-year 2024 operating results as well as current outlook estimates for the first quarter of 2025 and for the full-year 2025 (the "Earnings Press Release"). A copy of the Earnings Press Release is attached hereto as Exhibit 99.1 and hereby incorporated by reference. The Company also posted supplemental material dated February 11, 2025, on the Investor Relations page of its website at investor.teradata.com. Except as specifically noted herein, information on the Company's website is not, and will not be deemed to be, a part of this Current Report on Form 8-K or incorporated into any other filings the Company may make with the Securities and Exchange Commission. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On February 7, 2025, Claire Bramley notified the Company of her decision to resign from her position as Chief Financial Officer of the Company (including as its principal financial officer and principal accounting officer) to take a Chief Financial Officer position with another company that is outside of the Company's industry. Ms. Bramley's last day with the Company will be March 31, 2025. Her resignation is not due to any disagreement with the Company on any matter relating to the Company's financial reportingor the operations, policies, or practices of the Company. The Company is performing an executive search to identify a permanent replacement for Ms. Bramley. (

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: The following exhibits are attached with this current report on Form 8-K: Exhibit No. Description 99.1 Press Release, dated February 1 1 , 202 5 , issued by the Company (Earnings Press Release). 104 Cover Page Interactive Data (embedded within the Inline XBRL document). Safe Harbor Statement This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. Forward-looking statements generally relate to opinions, beliefs, and projections of expected future financial and operating performance, business trends, liquidity, and market conditions, among other things. These forward-looking statements are based upon current expectations and assumptions and often can be identified by words such as "expect," "strive," "looking ahead," "outlook," "guidance," "forecast," "anticipate," "continue," "plan," "estimate," "believe," "focus," "see," "commit," "should," "project," "will," "would," "likely," "intend," "potential," or similar expressions. All statements, other than statements of historical facts, included in this Current Report on Form 8-K which address activities, events or developments that the Company expects or anticipates will or may occur in the future, including statements about our 2025 first quarter and full year 2025 financial outlook and the transition of our Chief Financial Officer described herein and in the accompanying press release are forward-looking statements. These forward-looking statements are based upon current expectations and assumptions and involve risks and uncertainties that could cause the Company's actual results to differ materially. In addition to the factors discussed in this Form 8-K filing, other risks and uncertainties could affect the Company's future results, and could cause actual results to differ materially from those expressed in such forward-looking statements, including those rel

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TERADATA CORPORATION Date: February 11, 2025 By: /s/ Margaret A. Treese Margaret A. Treese Chief Legal Officer & Corporate Secretary

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