Teradata, the leading data and analytics company, announced that its Board of Directors has appointed Mark Culhane Executive Vice President, Chief Financial Officer and principal accounting officer, effective November 10, 2017. Mr. Culhane succeeds Stephen Scheppmann, who is stepping down as the Company's Chief Financial Officer and principal accounting officer for health reasons following the filing of the Company's third quarter Form 10-Q. Following Mr. Culhane's appointment, Mr. Scheppmann will be on medical leave under the Company's short-term disability plan and has agreed to assist with the transition of his responsibilities.

Mr. Culhane is an experienced leader who has served as the Chief Financial Officer of several transformative, cloud-based software companies. He has scaled and shaped organizations to support and sustain rapid growth, and has led and managed numerous financings via IPOs, venture capital, debt and follow-on offerings, and has directed and driven strategic acquisitions.

Teradata also announced today the appointment of Eric Tom to the newly created position of Executive Vice President and Chief Revenue Officer, effective November 6, 2017.  In this new role, Mr. Tom will lead Teradata's global go-to-market strategy and execution.

Mr. Tom is a global business executive with experience leading multiple functional areas across several industries. He has a strong track-record of spearheading sales growth and workforce transformation, as well as enhancing the efficiency of enterprise sales and business development. Mr. Tom has extensive experience driving change within an organization to achieve the next level of business performance, utilizing culture change, sustainable processes and disciplined sales management tools.

"We are thrilled to welcome Mark and Eric, two successful and transformational leaders with track records of guiding organizations through change and driving growth," said Vic Lund, President and Chief Executive Officer. "Mark is a strategic, results-oriented technology executive with strong financial and analytical skills that will help us continue to execute our strategy and win. Eric is a seasoned operating executive with a global perspective, and is ideally suited to ensure Teradata is prioritizing accounts and investments around the world with one, comprehensive go-to-market strategy. We welcome Mark and Eric to the Teradata team, and look forward to benefiting from their valuable experiences and perspectives."

"I am pleased to join Teradata during this important stage in the Company's evolution," said Mr. Culhane. "Teradata has significant momentum, and I look forward to working alongside Vic and the management team to accelerate the execution of Teradata's strategy and drive greater value for Teradata's shareholders."

"It is clearly a transformational time at Teradata, and I am eager to quickly get to work with Teradata's seasoned leadership team to create an even stronger global go-to-market approach and execution," said Mr. Tom. "I am enthusiastic about the progress that the Company has made, and look forward to helping Teradata drive customer outcomes and return Teradata to meaningful revenue growth."

"I would like to thank Steve for his many years of service and financial leadership, as well as for agreeing to assist during this transition period," said Vic Lund. "On behalf of the Teradata team, and personally, we wish Steve all the best as he focuses on his health and spending additional time with his family."