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Teradata CFO Resigns as Company Seeks Replacement

Story Highlights
  • Claire Bramley will resign as CFO, with Charles Smotherman appointed interim CFO.
  • Teradata’s 2024 financial results showed growth in cloud ARR but a decline in total ARR and revenue.
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Teradata CFO Resigns as Company Seeks Replacement

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Teradata ( (TDC) ) has issued an announcement.

Teradata announced the resignation of its Chief Financial Officer, Claire Bramley, effective March 31, 2025, as she moves to a CFO position in another industry. The company is searching for a permanent replacement, and Charles Smotherman, the current Chief Accounting Officer, has been appointed as the interim CFO starting March 24, 2025. Teradata reported its financial results for the fourth quarter and full year of 2024, highlighting a 15% increase in public cloud ARR to $609 million and a 90% increase in GAAP diluted EPS to $1.16. However, total ARR decreased by 6%, and total revenue declined by 5%. The company remains optimistic about its growth prospects in 2025, focusing on innovations in AI technology and cloud solutions.

More about Teradata

YTD Price Performance: 0.88%

Average Trading Volume: 778,629

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.95B

For a thorough assessment of TDC stock, go to TipRanks’ Stock Analysis page.

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