OpenText appoints former IBM Americas president as new CEO | BetaKit

OpenText appoints former IBM Americas president as new CEO | BetaKit

By Alex Riehl
Publication Date: 2026-01-29 16:36:00

Waterloo software firm has been searching for a permanent leader since August.

Five months after ousting longtime leader Mark Barrenechea amidst declining revenue, OpenText has found the guy it believes can bring those numbers back up.

Antoun is claiming the position from interim CEO James McGourlay, who will shift to another role in OpenText’s executive leadership.

The Kitchener-Waterloo-based company announced the appointment of Ayman Antoun as its incoming CEO on Thursday. In taking the position, Antoun is returning to the city where he grew up and went to school, before he went on to work at IBM for over 30 years (aside from a brief stint at Bell). Antoun was most recently president of IBM Americas, where he led the company’s business in Canada, the US, and Latin America. 

While at IBM, Antoun led advancements in cloud, infrastructure, cybersecurity, and digital modernization, according to OpenText. Antoun will assume his…