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Teradata restructures, appoints co-presidents

Feb. 26, 2015 1:55 PM ETTeradata Corporation (TDC) StockTDCBy: Eric Jhonsa, SA News Editor
  • Bob Fair, formerly Teradata's (TDC +0.5%) chief marketing/information officer, and Hermann Wimmer, formerly the company's international chief, have been named co-presidents, reporting to CEO Mike Koehler.
  • Fair will head a new Marketing Applications division, and Wimmer a new Data and Analytics Division. The former will cover Teradata's Integrated Marketing Cloud software platform, and the latter its mainstay data warehousing/analytics hardware and software. Each division "will be an integrated global business, including R&D, sales, marketing, consulting, and services."
  • The shakeup comes less than a month after Teradata's shares tumbled due to a Q4 revenue miss and soft 2015 guidance.

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