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NYSE: TDC TERADATA CORP /DE/ 8-K

Teradata elects Bernd Leukert to Board, fulfilling February cooperation agreement

Filed August 3, 2026 · Period ending July 30, 2026 · ~1 min read

3 key changes 2 sections

Key Changes

  • medium

    Board expanded from nine to ten directors and elected Bernd Leukert as Class II director with term expiring at 2027 annual meeting, fulfilling commitment under February 2026 cooperation agreement with stockholders to elect a second new director by August 1, 2026.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Leukert brings 30+ years of technology and financial services experience, including roles as head of global technology, data and innovation at Deutsche Bank and SAP Executive Board member; currently serves on boards of Bertelsmann, BP, Workday and Celonis.

    Exhibit 99.1 view on EDGAR →
  • low

    Board determined Leukert is independent under NYSE and SEC requirements; he will receive standard non-employee director compensation and join the Nominating and Governance Committee.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

Summary

Teradata expanded its Board from nine to ten directors and elected Bernd Leukert as a Class II director effective August 1, 2026. The appointment fulfills a commitment under a February 2026 cooperation agreement with certain stockholders to elect a second new director by this date. Leukert will serve until the 2027 annual meeting and join the Nominating and Governance Committee.

Leukert brings extensive technology and financial services experience, most recently as head of global technology, data and innovation at Deutsche Bank, and previously as an SAP Executive Board member responsible for digital business services. He currently serves on boards of major technology organizations including Bertelsmann, BP, Workday and Celonis.

The Board determined he is independent under applicable governance standards. This is a routine board refreshment matter completing a previously disclosed commitment. Leukert's background in enterprise software, cloud, AI and data aligns with Teradata's business focus. The appointment adds relevant expertise without signaling operational concerns.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~300 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

1 Added
Show 1 minor / wording change
Added Director independence and compensation low

Added in current filing · verify on EDGAR →

The Board has determined that Mr. Leukert is independent under Teradata’s Corporate Governance Guidelines and the requirements of the New York Stock Exchange and Securities and Exchange Commission. Other than the Cooperation Agreement, there are no arrangements or understandings between Mr. Leukert and any other person pursuant to which he was selected as a director. There are no transactions involving Mr. Leukert that would be required to be reported under Item 404(a) of Regulation S-K.

Mr. Leukert will participate in the non-employee director compensation arrangements under the Teradata Director Compensation Program (the “Program”), as described in Teradata’s proxy statement for its 2026 annual meeting of stockholders, which was filed on March 26, 2026.

The Board determined that Mr. Leukert is independent under applicable governance standards and NYSE/SEC requirements. He has no related-party transactions requiring disclosure and will receive standard non-employee director compensation under the existing Director Compensation Program. His selection was made pursuant to the Cooperation Agreement with no other arrangements.

Event · Exhibit 99.1

2 Added
Added Board appointment - Bernd Leukert medium

Added in current filing · view on EDGAR →

Bernd Leukert has been appointed to its Board of Directors, effective August 1, 2026.

Mr. Leukert will serve as a Class II director with a term expiring at the 2027 Annual Meeting of Stockholders and will be appointed to the Board’s Nominating and Governance Committee.

Teradata appointed Bernd Leukert to its Board of Directors effective August 1, 2026. He will serve as a Class II director with a term expiring at the 2027 Annual Meeting and will join the Nominating and Governance Committee. This appointment is part of the Board's ongoing refreshment plan.

Show 1 minor / wording change
Added Board expansion low

Added in current filing · view on EDGAR →

As previously announced as part of the Board’s ongoing refreshment plan, the Board will expand from nine to ten directors, and Class II directors will expand from three to four.

The Board is expanding from nine to ten directors as part of its ongoing refreshment plan. The Class II director group is expanding from three to four members to accommodate Leukert's appointment.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify