Tag Archives: Appoints
Teradata Bolsters India Leadership, Appoints Ashok Shenoy as Country Manager
As the company’s growth in India gains momentum, the appointment adds increased focus on expanding cloud data analytics offerings in key sectors
Teradata (NYSE: TDC), a leading multi-cloud data warehouse platform provider, today announced that Ashok Shenoy has been appointed Country Manager, India, effective immediately. In this position, Shenoy is responsible for leading Teradata’s growth in enterprise-scale multi-cloud data analytics across key verticals including Financial Services, Telcos, Manufacturing, Public Sector and Retail. Shenoy, who has joined the regional executive leadership team, reports to Darryl McKinnon, Vice President, South Asia & Korea.
“India’s vibrant business landscape is adopting cloud data analytics technologies to further fuel the digital transformation that is currently underway. With Ashok leading the charge in this crucial market, we are well positioned to continue to grow and help organisations leverage their data for answers.” said McKinnon. “With Ashok’s extensive experience in the industry and deep knowledge of the market, we are confident we can drive strategic and long-term growth in the multi-cloud data platform business in India. Ashok brings with him a wealth of ecosystem know-how and high-value partner relationships that are critical for us to strengthen our foothold in a fast-evolving market. We are looking forward to supporting his expertise to stimulate and expand our customer base and demonstrate how Indian businesses are leading the way.”
Shenoy is a seasoned technology professional with more than 25 years of experience spearheading sales and regional growth for multi-national technology companies like Microsoft, Cisco and Sun Microsystems. He joins the team as Teradata increases its emphasis on the India market – building on its current high-growth trajectory by developing a strong and impactful presence in key sectors that are propelling the rise of India Inc. In his new role, Shenoy will help Teradata expand its reach, build robust partner ecosystems and broaden the client base for its public, private and hybrid cloud offerings.
Sharing his thoughts on his new position, Shenoy said, “I am always drawn to the challenge of identifying and bridging the technology gaps that hinder productivity and growth in companies – this is what Teradata does when it helps companies use data as their greatest asset. I’m excited to join Teradata at a time when enterprises are starting to recognize the advantages of managing their data in the cloud and the immeasurable opportunities to scale their businesses using real-time data intelligence. Today’s multi-cloud realities are changing the way we look at workflows and how we take businesses to the next level. Having seen Teradata’s performance in helping global enterprises ramp up and advance, I feel companies in India have much to gain by augmenting their data warehousing systems with the best and the latest that Teradata has to offer in cloud data analytics.”
About Ashok Shenoy
Prior to joining Teradata, Shenoy was the Senior Director for Enterprise Sales, with Microsoft Corporation. Before that, Shenoy was employed by global leaders Cisco, Sun Microsystems and Wipro, in various capacities, managing India, SAARC and APAC.
Teradata Adds Cloud Talent, Appoints Barry Russell as SVP and GM, Cloud
New executive strengthens cloud expertise and capabilities, accelerating Teradata’s cloud strategy, momentum and growth
Teradata (NYSE: TDC), a leading multi-cloud data warehouse platform provider, today announced that Barry Russell has been appointed Senior Vice President, Business Development and General Manager of Cloud, effective immediately. In this newly created position, Russell is responsible for accelerating Teradata’s cloud and SaaS growth strategy. Russell, who has joined the Company’s executive leadership team, reports directly to Steve McMillan, President and CEO.
“Cloud-first is the cornerstone of Teradata’s strategic transformation and there is no better leader than Barry to ensure we are moving our cloud strategy forward with agility and purpose,” said McMillan. “He will serve as an advisor to all organizations across the company, driving alignment on our cloud growth strategies, advancing our execution and scaling our cloud business. A strong and strategic partner ecosystem with leading cloud service providers is critical to our growth as well, and Barry will also focus on fostering high-impact relationships that bring customers choice. I am confident that Barry’s expertise will advance our multi-cloud platform and drive an even stronger value proposition for our customers and our shareholders alike.”
Russell is a skilled and recognized technology leader with an extensive background driving cloud transformations. Prior to joining Teradata, he led Qumulo’s cloud business unit, and before that, he held senior leadership positions at F5 and Amazon Web Services. At Teradata, Russell will be leading the development and execution of Teradata’s cloud programs, as well as advancing collaboration with leading cloud service providers, including Amazon Web Services, Google Cloud, and Microsoft Azure.
“I am passionate about building and transforming organizations using the cloud to do exceptional things for customers,” said Russell. “Teradata has evolved quickly utilizing the cloud, enabling us to innovate fast on the cloud data analytics needs of enterprises worldwide. Our advantages in today’s multi-cloud world are already helping customers migrate data workflows to the cloud and create data intelligence real-time across their business, and I am ready to help Teradata grow quickly with our customers and partners.”
About Barry Russell
Russell most recently served as Senior Vice President and General Manager of Cloud at Qumulo, responsible for the company’s cloud business including strategy, revenue, and go-to-market execution. Previously, he was Vice President of F5’s global cloud revenue and alliances business. Before that, Russell was GM at Amazon Web Services (AWS), where he built and ran the AWS Marketplace and AWS Service Catalog business, growing AWS Marketplace from scratch into a $ 1b+ business with responsibility for its business development and operations, marketing, field sales and solution architecture. Prior to that, he spent nearly six years at Microsoft in business development and enterprise sales positions.
Russell is a member of the Advisory Board for Women in Cloud, Tribute, and the Fred Hutch Computational/Data Intensive Research.
Teradata Appoints Todd Cione as Chief Revenue Officer
Experienced Global Sales Leader with Proven Record Growing Revenue and Executing Cloud Transformations
Teradata (NYSE: TDC), the cloud data analytics platform company, today announced the appointment of Todd Cione as Chief Revenue Officer, effective January 4, 2021.
Cione brings to Teradata more than 25 years of experience in global sales, marketing, channel, and operations at large multi-national technology organizations, including most recently at Apple, and previously with Oracle, Rackspace and Microsoft. He is a results-oriented executive with a proven track record of delivering predictable and profitable growth, and has successfully led organizations through cloud-based transformations. Cione will report to Steve McMillan, President and CEO of Teradata.
“I am pleased to welcome Todd to the Teradata team and look forward to working closely with him as we advance our go-to-market initiatives and deliver consistent, profitable revenue growth,” said McMillan. “We have been successfully executing on our cloud-first strategy, which has deeply resonated with our customers globally. We are confident that Todd’s experience and diverse skill set will be invaluable in helping customers unlock value from their data.”
“I am excited about joining Teradata and helping to accelerate its cloud-first momentum. I deeply share Teradata’s customer-centric purpose and look forward to delivering exceptional customer experiences with our cloud-based data analytics platform,” said Cione. “Working closely with Steve and the rest of the Company’s talented team, we will continue to help our customers harness the power of data and provide sustainable value for our shareholders. I look forward to hitting the ground running to drive sales strategies that strengthen our market position and continue to drive top-line growth.”
About Todd Cione
Cione most recently served as Head of U.S. Enterprise Accounts at Apple Inc., a role he held since 2017, where he was responsible for overseeing large enterprise customers and was a key contributor to driving customer success. Previously, he was SVP of Oracle’s Digital, North America Applications, and also served as Chief Revenue Officer of Rackspace. Additionally, Cione spent 15 years at Microsoft where he held roles of increasing responsibility in the U.S. and Asia, including General Manager, Asia Pacific Region Marketing & Operations, a market with over $ 4 billion in revenue, and General Manager and Managing Director, Asia Pacific Region Enterprise & Services Sales. During his tenure at Microsoft, Cione was an integral contributor to the Company’s transition to the cloud and helped launch Azure and Office 365 in U.S. and Asian markets.
Cione has a BA in English and Business from Baylor University with continuing executive education at INSEAD’s Asian International Executive Program and the University of Nebraska-Lincoln’s Gallup Leadership Development Program.
Teradata Appoints Nicolas Chapman Chief Strategy Officer
Chapman will lead the development of the current and future strategies for the organization, focusing on growth and innovation
Teradata (NYSE: TDC), the cloud data analytics platform company, today announced the appointment of Nicolas Chapman as Teradata’s Chief Strategy Officer (CSO). In this newly created position, Chapman will be responsible for working collaboratively across the organization to develop Teradata’s strategic plan, annual operating plan, as well as the ongoing measurement and refinement needed to achieve the company’s strategic goals.
“As we execute across the company to be cloud-first and accelerate our position as a profitable growth company, we must ensure that we have a well-defined strategic and operational plan that guides our way,” said Steve McMillan, CEO at Teradata. “Nicolas has a proven track record in accelerating organizational performance through cohesive strategy planning and execution. Teradata has made solid progress on this front over the last several years and Nicolas will help us build on our momentum.”
In his most recent role as SVP of Strategy at Imperva Inc., an enterprise cyber security software and services company, Chapman successfully led a team that worked to transform Imperva into a world-class, highly profitable growth company. Prior to that, Chapman held leadership roles at McKinsey & Company, guiding technology companies around the world in executing successful business turnarounds.
“Teradata’s market position and opportunities are tremendous,” said Nicolas Chapman, Chief Strategy Officer at Teradata. “It’s clear that Teradata has already turned a corner to become focused on providing the very best data analytics solutions for a hybrid, multi-cloud world, and I am committed to ensuring this momentum not only continues – but accelerates. By listening to the market and to our customers, we will find new opportunities to grow Teradata by providing value for our customers.”
During his time with Imperva and McKinsey, Nicolas was actively involved as an executive sponsor for various inclusion communities. Fluent in French, Chinese & Hungarian, Nicolas has a Bachelor of Arts (BA) degree in International Relations & Economics from the University of Toronto and an MBA from Columbia Business School.
Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08
In connection with Chapman’s appointment, Teradata also announced today that the Compensation and Human Resource Committee of the Board of Directors (the Committee) has granted an equity award to Chapman, effective September 22, 2020. The award was granted pursuant to the company’s previously-announced New Employee Stock Inducement Plan (NESIP) and as a material inducement to Chapman joining Teradata as Chief Strategy Officer.
The award granted to Chapman under the NESIP is a new-hire award consisting of service-based restricted share units covering 42,955 shares, which shall vest in equal amounts on the first, second and third anniversaries of the grant date. Pursuant to the NESIP, the company may grant equity incentive compensation as a material inducement for certain individuals to commence employment with Teradata within the meaning of Rule 303A.08 of the NYSE Listed Company Manual, and, as such, the NESIP is not a stockholder-approved equity compensation plan. As an award under the NESIP, the restricted share units were granted by the Committee in reliance on the employment inducement exemption under Rule 303A.08.
Teradata Board Appoints Steve McMillan President and Chief Executive Officer
Proven Technology Leader Brings a Track Record of Driving Global Strategy and Execution in Hypergrowth Enterprise Cloud Businesses
Teradata (NYSE: TDC) today announced that its Board of Directors has appointed Steve McMillan President and Chief Executive Officer, and a member of the Board of Directors, effective June 8, 2020. Mr. McMillan was previously at F5 Networks, Inc. as Executive Vice President of Global Services. He succeeds interim President and Chief Executive Officer, Victor Lund. Mr. Lund will step down from the Company’s Board of Directors, effective upon the appointment of Mr. McMillan as CEO on June 8, 2020.
With nearly two decades in senior leadership positions, Mr. McMillan is a seasoned technology executive with an impressive track record of transforming enterprise services and product businesses into industry-leading cloud portfolio offerings. His relentless focus on customers and strong bias for action will help propel Teradata to new levels of success.
“During this time of transformation, there is no better person to lead Teradata than Steve McMillan,” said Mike Gianoni, Chairman of the Teradata Board of Directors. “Steve is a proven leader with tremendous operational experience and business acumen, and he has a unique ability to bring people together to achieve outstanding results and drive companywide transformations to the cloud. His vision for how data will be leveraged around the world is precisely what Teradata needs as we accelerate our transformation, customer success, product innovation, and return to growth.”
Most recently, at F5, Mr. McMillan was responsible for more than half of the Company’s worldwide operations and achieved significant top-line growth and industry-leading customer satisfaction. Previously, he served as Senior Vice President, Customer Success, and Managed Cloud Services at Oracle, where he guided the Company’s transformation from a traditional hosting business to a high-growth, high-margin differentiated cloud offerings platform. Before Oracle, Mr. McMillan spent nearly 20 years at IBM, where he held a variety of increasingly senior leadership roles driving operations and execution with a consistent record of exceeding revenue and profit targets, business transformation, and collaborative leadership.
“It is a privilege to have the opportunity to lead Teradata in the next chapter of its growth strategy,” said Mr. McMillan. “Leveraging insights from data has never been more important, and Teradata is leading the way in helping global enterprises unlock real business value from this asset. Teradata has a unique position in a large market, best-in-class technology, a blue-chip customer base, and talented employees. I intend to take a customer-led approach and bring my collaborative and open leadership style to this great franchise to advance its strategy and to ensure Teradata is the partner of choice for customers around the world who need hybrid, cloud-based solutions.”
Mr. Gianoni added, “I would like to thank Vic for his extensive contributions to Teradata. We look forward to continuing to benefit from his institutional knowledge as an advisor to the Company through the end of the year and wish him all the best.”
In a separate press release to be issued today, Teradata will report 2020 first-quarter financial results. Teradata will host a conference call at investor.teradata.com today, at 2 pm PT, to discuss its financial results. The live broadcast and a replay will be available on the Teradata website at investor.teradata.com.
Teradata Appoints Peter Stadler as Country Manager Switzerland
WALLISELLEN, SWITZERLAND – April 7, 2020 – Teradata (NYSE: TDC), the cloud analytics company delivering Pervasive Data Intelligence, today announced the appointment of Peter Stadler as new Country Manager in Switzerland. Peter Stadler is responsible for the business in Switzerland since March 2020 and has more than 20 years of experience as manager in the IT industry.
Experienced IT manager
Before joining Teradata, Stadler held various management positions at the software company Opentext – most recently as VP Enterprises Sales, where he was responsible for the markets in Greece, Italy, Malta, Austria, Switzerland and Cyprus.
From 2015 to 2017, Stadler headed the Enterprise Content Division at Dell EMC as Senior Director for the DACH region, where he played a key role in the company’s growth in the German-speaking markets.
His additional positions in sales include the market research company Gartner, where he was responsible for Austria and Switzerland as Regional Vice President, and SoftwareOne, a provider of software portfolio management. Stadler began his career in sales for various IBM and Microsoft Business Partners. He studied economics at the University of St. Gallen and electrical engineering at the evening engineering school in Horw.
“We want to show Swiss companies that data is the real asset in today’s world and contributes to the measurable success of our customers. Teradata is exactly the right business partner for today’s data society. We support our customers in obtaining answers from data analyses, so that they can adapt their business to new requirements at any time,” says Stadler, new Country Manager for Switzerland at Teradata.
Sascha Puljic, Vice President Central Europe at Teradata, adds: “We are pleased that we were able to win Peter Stadler for Teradata. With his many years of experience at leading IT companies, we have gained a competent and experienced Country Manager for Switzerland. His previous successes speak for his professional expertise, his leadership qualities and his entrepreneurial foresight. Together, we will strengthen existing customer relationships and open up new market opportunities for Teradata.”
Goals for Switzerland
In his new position at Teradata, Stadler aims to increase Teradata’s growth in Switzerland, create jobs and be a strategic partner for corporate customers.
Teradata Appoints Kathy Cullen-Cote as Chief Human Resources Officer
Brings 30 years of recognized leadership in workforce planning, talent management and employee engagement
Teradata (NYSE: TDC), the industry’s only Pervasive Data Intelligence company, today announced that it has appointed Kathy Cullen-Cote as Chief Human Resources Officer (CHRO), effective immediately. Cullen-Cote will lead Teradata Human Resources (HR), including workforce planning, talent management, learning and development, and employee experience. Laura Nyquist, who previously held dual roles of General Counsel and CHRO, will continue in her role as General Counsel.
“With more than 30 years of experience in all facets of human resources, Kathy is a skilled leader with a talent for building a robust culture of employee engagement, enhancing the employee experience, and creating uniquely captivating training programs,” said Oliver Ratzesberger, President and CEO at Teradata. “I am thankful for her commitment to diversity and inclusion, and look forward to Kathy’s success in advancing the skills, motivation and connections throughout our organization. As Teradata continues its business transformation, we will also benefit from Kathy’s experience in thoughtfully guiding the cultural evolution necessary to support transformative growth.”
“I am proud to join Teradata and look forward to supporting and further inspiring its vibrant culture,” said Kathy Cullen-Cote, Chief Human Resources Officer at Teradata. “With incredible employees that consistently apply their collective talent, time and expertise to help Teradata customers find answers to their toughest challenges, it’s easy to see that Teradata offers solutions and services that customers simply cannot find anywhere else. I believe in the power and strength of an organization that values diversity and inclusion and look forward to helping Teradata exceed its customers’ expectations.”
About Kathy Cullen-Cote
Kathy Cullen-Cote joins Teradata from PTC, a Boston-based software company, where she was serving as EVP and Chief Human Resources Officer. At PTC, Cullen-Cote served in HR roles of increasing responsibility as she guided the organization’s growth through cultural transformation programs, global employee engagement initiatives, and the implementation and adoption of cutting-edge HR systems. Prior to PTC, she served in HR leadership roles at Johnson and Johnson, Raytheon, Imark Communications and Barry Controls. Cullen-Cote recently was awarded the 2018 HR Leadership Forum Bob Gatti HR Leadership Excellence Award. Cullen-Cote will be based in Teradata’s San Diego headquarters.
Teradata Appoints Scott Brown as Chief Revenue Officer
Teradata (NYSE: TDC), the Pervasive Data Intelligence company, today announced that it has appointed Scott Brown as Chief Revenue Officer, effective June 17, 2019. In this role, Brown will direct Teradata’s global go-to-market strategy and execution, and guide worldwide sales, consulting and other go-to-market operations organizations to meet and exceed growth objectives.
Brown is a seasoned business executive with significant experience in leading global sales organizations through business transformation and delivering consistent revenue growth. Additionally, he brings to Teradata an extensive background in technology and demonstrated ability in converting organizations to subscription-based business models.
“We are very pleased to welcome Scott as a member of our executive team. With his impressive track record in global sales, customer success and technology including cloud-based solutions, I am confident that he will guide our go-to-market organization and continue our successful business transformation,” said Oliver Ratzesberger, President and Chief Executive Officer, Teradata. “Scott’s wealth of experience on creating customer success and maintaining lasting customer relationships aligns perfectly with Teradata, as we bring pervasive data intelligence to the world’s largest companies. We look forward to his contributions.”
“I am thrilled to join Teradata at this exciting time. Teradata has a clear strategy, solid momentum and is challenging the industry to think differently about how data leads to answers,” said Brown. “I look forward to working with our teams globally to advance Teradata’s mission of transforming how businesses work and people live through the power of data. We will enhance our customers’ experience as we take our performance to the next level and drive greater value for our shareholders.”
About Scott Brown
Mr. Brown joins Teradata from Cisco, where he was Senior Vice President, Global Virtual Sales & Customer Success, following positions of successively increasing responsibility in direct sales, channel partnerships, technology solutions and architecture, and sales enablement. Prior to Cisco, Brown held sales leadership roles at System Software Associates, Effective Management Systems and Pepsico.
Mr. Brown earned an MBA in Marketing from Loyola University of Chicago and a BA in Marketing from the University of Wisconsin-Eau Claire.
Teradata Appoints Oliver Ratzesberger President and CEO
Ensures Seamless Transition and Continued Oversight of
Technology Initiatives and Company Transformation
Vic Lund Appointed Executive Chairman of the Board;
Fourth-Quarter 2018 Total Revenue Results Expected
to be In Line with or Better than Guidance
Teradata (NYSE: TDC), the industry’s only pervasive data intelligence company, today announced that its Board of Directors has appointed Oliver Ratzesberger President and Chief Executive Officer (CEO), effective immediately. Ratzesberger succeeds Victor L. Lund, who is transitioning from his role as President and CEO to Executive Chairman of the Board of Directors.
Ratzesberger has served as Teradata’s Chief Operating Officer (COO) since February 2018, responsible for the Company’s global operations and leading its strategies for go-to-market, products and services. He joined Teradata in 2013 and, from 2016 to 2018, served as the Company’s Executive Vice President and Chief Product Officer, leading Teradata’s research and development organization, following a distinguished career in advancing innovation in technology at both established and start-up companies.
While COO, Ratzesberger worked alongside Lund in architecting and implementing the Company’s transformation. This appointment reflects the Board’s confidence in Ratzesberger as Lund’s successor, and in the continued execution of the Company’s strategy as well as the development of its culture and values.
“I am honored to serve as the next CEO of Teradata as we continue to challenge the market’s perceptions of how data can lead to answers and deliver the industry’s only pervasive data intelligence solution,” said Ratzesberger. “Over the last few years, we have revitalized Teradata by making significant advancements to our offerings while also working to transition our business model to provide the subscription-based services our customers prefer. As CEO, I look forward to continuing to work with our talented team to build on this momentum and create long-term value for our customers and shareholders.”
Lund said, “As we continue to successfully execute on Teradata’s strategic transformation, including the pivot to a subscription model, which is showing up in our financial performance, now is the right time for this leadership transition and Oliver is the right person. He is a technology visionary who, along with an exceptional team, has charted a course for Teradata Vantage™, our world-class analytics platform, and helped to drive our overarching vision. His track record at Teradata and in the industry make him a natural choice as our next CEO. I am extremely proud of the Teradata team, and all that we have accomplished together over the last three years in transforming our strategy and management team to help drive Teradata forward. It has been my privilege to lead a company that has such a strong foundation and bright future ahead. The employees at Teradata are world class, and the value that we are providing to the most visionary companies in the world has and will only continue to grow.”
Ratzesberger added, “I’m grateful to Vic for his steadfast guidance, support and leadership of Teradata through a critical period in the Company’s history. Under his leadership, Teradata has reimagined its brand and modernized its overall market strategy to include subscription-based analytics-as-a-service.”
Teradata also announced today that, although final results will not be available until normal year-end review procedures are completed, it currently expects the Company’s fourth-quarter and full-year 2018 total revenue, recurring revenue and annual recurring revenue (ARR) results to be in line with, or better than, its most recent guidance. Teradata will not be providing any additional information regarding its fourth-quarter or full-year performance until it reports final results in early February 2019.
In connection with Lund’s appointment to Executive Chairman, the Board has appointed Michael Gianoni, a member of the Board of Directors since January 2015, as independent Lead Director, effective immediately. James Ringler, who has been Chairman of Teradata since 2007, will remain a member of the Board.
Gianoni commented, “Today’s announcement regarding Teradata’s new CEO is the culmination of a thorough and thoughtful process undertaken by the Board over the past few years to ensure that the Company is best positioned to deliver on our value proposition to all stakeholders. The Board and I are confident that Oliver is the right person to lead Teradata forward and deliver profitable growth and shareholder value creation. We are also thrilled that the Company will continue to benefit from Vic’s wealth of experience and strategic guidance as he transitions to his new role as Executive Chairman of the Board, and we appreciate Jim’s significant contributions as Chairman and continued service to our Board and company.”
About Oliver Ratzesberger
Oliver Ratzesberger is the president and chief executive officer of Teradata Corporation and has been a member of the company’s board since November 2018. Previously, he served as Teradata’s chief operating officer, with global operating responsibility for the company’s operations and led the company’s strategies for go-to-market, products and services. Ratzesberger has an extensive background in analytics, big data and software development. Prior to Teradata, he worked for both Fortune 500 and early-stage companies, holding positions of increasing responsibility in software development and IT, including leading the expansion of analytics at eBay.
A pragmatic visionary, Ratzesberger frequently speaks and writes about leveraging data and analytics to improve business outcomes. His recent book with co-author Mohanbir Sawhney, “The Sentient Enterprise: The Evolution of Decision Making,” was published in 2017 and was named to The Wall Street Journal Bestseller List.
Ratzesberger is a graduate of Harvard Business School’s Advanced Management Program and earned his engineering degree in Electronics and Telecommunications from HTL Steyr in Austria. He lives in San Diego with his wife and two daughters.
About Victor Lund
Victor Lund served as Teradata’s president and chief executive officer from May 2016 until Ratzesberger’s appointment. He has been a member of Teradata’s board since September 2007 and was the chair of the Audit Committee from 2007 until May 2016.
About Michael Gianoni
Michael Gianoni is the president and chief executive officer of Blackbaud, Inc., a provider of software and services specifically designed for nonprofit organizations, a position he has held since joining the company in January 2014. He has been a member of Teradata’s board since January 2015 and chair of the Committee on Directors and Governance since February 2017.
Note to Investors
This news release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements are based upon current expectations and assumptions and involve risks and uncertainties that could cause Teradata’s actual results to differ materially. In addition to the factors discussed in this release, other risks and uncertainties could affect our future results, and could cause actual results to differ materially from those expressed in such forward-looking statements. Such factors include those relating to: the global economic environment in general or on the ability of our suppliers to meet their commitments to us, or the timing of purchases by our current and potential customers, and other general economic and business conditions; the rapidly changing and intensely competitive nature of the information technology industry and the data analytics business, including the increased pressure on price/performance for data analytics solutions; fluctuations in our operating results, unanticipated delays or accelerations in our sales cycles and the difficulty of accurately estimating revenues; failure to realize the anticipated benefits of our business transformation program, divestitures, senior management changes, or other restructuring and cost saving initiatives; risks inherent in operating in foreign countries, including the impact of economic, political, legal, regulatory, compliance, cultural, foreign currency fluctuations and other conditions abroad; the timely and successful development, production or acquisition and market acceptance of new and existing products and services, including our ability to accelerate market acceptance of new products and services as well as the reliability, quality, security and operability of new products because of the difficulty and complexity associated with their testing and production; tax rates; turnover of workforce and the ability to attract and retain skilled employees; availability and successful exploitation of new acquisition and alliance opportunities; our ability to execute integration plans for newly acquired entities, including the possibility that expected synergies and operating efficiencies may not be achieved, that such integration efforts may be more difficult, time-consuming or costly than expected, and that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; recurring revenue may decline or fail to be renewed; changes in Generally Accepted Accounting Principles (GAAP) and the resulting impact, if any, on the company’s accounting policies; continued efforts to establish and maintain best-in-class and secure internal information technology and control systems; and other factors described from time-to-time in the company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K and subsequent quarterly reports on Forms 10-Q, as well as the company’s annual reports to stockholders. The company does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Motorola Solutions Appoints New China President
Lenovo’s Motorola announced that the company has appointed Fu Lili, former acting president of Motorola Solutions China division, as new president of Motorola Solutions.
Fu joined Motorola in 2016. Before that, she worked for Avaya as vice president of China division.
Fu has over 25 years of senior management experience in high-tech and communications industries, which gives her a deep insight of the development history and future trend of the communications industry and a business sense about this market.
In her new role, Fu will be responsible for dealing government-related departments, major clients and channel partners in China, a strategic market for Motorola. She will lead various corporate affairs, including market and sales, government affairs, industrial partnership establishment, and governance and compliance in China. At the same time, she will be in charge of the planning of the future development strategy of Motorola Solutions in China.