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Open Text hires senior Oracle VP to be president reporting to current CEO

WATERLOO, Ont. – Open Text Corp. (TSX:OTC) has appointed a former Oracle senior executive to be its president, starting Jan. 4.

Stephen Murphy — who will report to Open Text chief executive Mark Barrenechea — has been senior vice-president for North American services at California-based Oracle, one of the world’s biggest software companies.

Open Text is Canada’s largest publicly traded software company, with Barreneche as its president and CEO since January 2012. After Murphy becomes president, Barreneche will assume the additional role of chief technology officer.

“With Steve now part of our executive leadership team, I can focus more on OpenText strategy, M&A, customers and our next generation products,” Barrenechea said in a statement.