John Ederer appointed Chief Financial Officer at Teradata

Teradata has named John Ederer as its incoming Chief Financial Officer.

John Ederer will assume responsibility for Teradata's financial organisation, with oversight extending to accounting and reporting, corporate development, financial planning and analysis, internal audit and controls, investor relations, tax, and treasury.

Ederer will also join the company's Executive Leadership Team and report directly to Teradata President and Chief Executive Officer Steve McMillan.

Prior to joining Teradata, Ederer served as CFO at Model N, a company specialising in cloud revenue management solutions, where he led teams overseeing accounting, financial planning and analysis, internal audit, and investor relations. During his tenure, he focused on driving a profitable growth strategy.

Before Model N, Ederer was CFO at K2 Software, where he managed a business turnaround by steering a transition to subscription-based revenue, achieving profitability, and eventually facilitating the sale of the company to Nintex.

Ederer's earlier career includes financial leadership positions at companies such as TIBCO Software, SAP, Business Objects, and Ariba. He began his professional journey in investment banking, working as an equity research analyst covering enterprise software companies and healthcare.

Steve McMillan commented, "John's financial management skills and his extensive experience with software business models makes him a great fit for Teradata as we advance our strategy with our hybrid cloud platform for Trusted AI. John's ability to see the big picture and maintain strategic alignment through periods of complexity is especially valuable, and his proven track record of investor-focused reporting and forecasting discipline is what Teradata shareholders expect and deserve. I'm delighted to welcome John and look forward to leveraging his financial guidance to accelerate Teradata's profitable growth and help us capitalise on the AI opportunity in front of us."

John Ederer said, "Teradata's strength in data analytics is especially compelling in this new era of AI. I believe the opportunities for the Company are substantial and I'm excited to join an industry leader with a long history of innovation. I look forward to working with Steve and the leadership team to capitalise on the dynamic market opportunity for AI, while at the same time continuing to drive financial performance and profitability."