| CEO Name | Mark J. Barrenechea |
| Nationality | Canada |
| Net Worth Estimation | $100 million |
Mark J. Barrenechea's estimated net worth of around $100 million primarily derives from his long tenure as CEO and CTO of OpenText Corporation, significant equity compensation, annual salary, stock options, and performance-based bonuses, as reported in company filings and financial disclosures. Additionally, his board memberships and leadership roles in technology firms contribute to his overall wealth accumulation.
Mark J. Barrenechea, CEO of OpenText Corporation, has an estimated net worth of $100,000,000, which is 1.26% of the maximum ($8,000,000,000) and 10 times the minimum ($10,000,000) net worth estimated for software business CEOs. His net worth indicates a strong but not top-tier position among peers in the software sector.
Business Category: Software
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000000 USD
Mark J. Barrenechea Performance in OpenText Corporation
Mark J. Barrenechea, CEO of OpenText Corporation, demonstrates visionary leadership by driving digital transformation and innovation in enterprise information management. His decisive strategies focus on expanding cloud services and AI integration, significantly enhancing OpenText's market positioning and revenue growth. Under his leadership, the company has achieved strong financial performance and increased global competitiveness, solidifying its status as a leader in the software industry.
Latest News
OpenText Corporation CEO Replacement and Strategic Shift
OpenText ousted longtime CEO and CTO Mark Barrenechea, appointing James McGourlay as interim CEO, amid plans to sell non-core assets and refocus on its core AI and Information Management business. The leadership change follows a revenue decline and is viewed as a move to simplify the product portfolio and boost innovation under new management.
Source: http://betakit.com/opentext-replaces-longtime-ceo-mark-barrenechea-as-it-considers-selling-off-non-core-assets/