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UiPath Appoints Fortune 500 Executive Karenann Terrell to its Board of Directors

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UiPath (NYSE: PATH) has appointed Karenann Terrell to its Board of Directors, enhancing its leadership with her extensive experience in corporate technology and innovation. Terrell has held significant roles at Fortune 500 companies, including Chief Information Officer at Walmart and Chief Digital & Technology Officer at GSK. Her appointment aims to support UiPath's growth as demand for enterprise automation rises during digital transformation.

Terrell, recognized for her leadership in technology, emphasized the urgency for businesses to innovate and operate efficiently, positioning UiPath to empower organizations in achieving better operational outcomes.

Positive
  • Karenann Terrell brings extensive experience from Fortune 500 firms, potentially enhancing strategic direction.
  • Focus on enterprise automation aligns with increasing market demand for digital transformation solutions.
Negative
  • Transition to new board member may introduce initial continuity challenges.

Deepens Board expertise with technology industry veteran to support continued growth as businesses continue turn to enterprise automation to rapidly advance digital transformation initiatives

NEW YORK--(BUSINESS WIRE)-- UiPath (NYSE: PATH), a leading enterprise automation software company, today announced the appointment of Karenann Terrell to its Board of Directors. Terrell brings decades of experience in corporate leadership and digital and cybersecurity technologies, and a long and successful track record of leading innovative and diverse teams around the world.

Terrell has served in key roles at multiple Fortune 500 companies, including as the Chief Information Officer for Walmart Stores Inc., Baxter International, and DaimlerChrysler. Most recently, she served as the Chief Digital & Technology officer for GSK plc. (formerly GlaxoSmithKline). As a transformational technology leader, she has been recognized as ‘CIO of the year’ by NASSCOM and has been awarded the Fisher-Hopper Prize for lifetime achievement in CIO leadership. Terrell also serves as a senior advisor to Insight Partners and is a member of Google Cloud Advisory Board.

“Karenann is an incredible addition to the UiPath Board of Directors,” said Daniel Dines Chairman of the Board and UiPath Co-Founder and Co-CEO. “As a champion of the customer experience, she brings depth in building markets, driving operational excellence, and leading high-performing teams. We believe she will bring fresh perspectives to our business while we help our customers accelerate innovation as UiPath continues to be a trusted enterprise automation advisor to customers around the globe.”

“Businesses need to do more with less, facing the challenge of investing time, money, and talent in every new transformation initiative or opportunity,” said Terrell. “As customer expectations continue to rise, businesses feel a deep sense of urgency to grow and innovate faster than ever. I believe UiPath is in a prime position to empower people enterprise-wide to create better ways to operate, innovate, and drive business outcomes more easily and efficiently than ever. It’s an honor to join the UiPath Board of Directors and build on the momentum the company has achieved in driving overall value to all stakeholders.”

Terrell also serves on the Board of Directors at Fractal, a global provider of artificial intelligence and advanced analytics to Fortune 500 companies. She earned her Master of Science in Electrical Engineering from Purdue University and her Bachelor of Science in Electrical Engineering from Kettering University.

About UiPath
UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation. For more information, visit www.uipath.com.

Media Contact

Toni Iafrate

UiPath

pr@uipath.com

Investor Relations Contact

Kelsey Turcotte

UiPath

investor.relations@uipath.com

Source: UiPath

FAQ

Who is Karenann Terrell and what is her background?

Karenann Terrell has decades of experience in technology leadership, having served as CIO for Walmart and Chief Digital & Technology Officer at GSK.

What is the significance of Karenann Terrell's appointment to UiPath's Board of Directors?

Her appointment is expected to bring fresh perspectives and enhance UiPath's growth strategy in enterprise automation.

How might this leadership change impact UiPath (PATH)?

The addition of Terrell aims to strengthen UiPath's market position and operational excellence in response to rising customer expectations.

What industry experience does Karenann Terrell bring to her new role at UiPath?

She has led innovative teams at multiple Fortune 500 companies, focusing on digital and cybersecurity technologies.

UiPath, Inc.

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