Open source solutions provider Red Hat has announced that its chief executive Matthew Szulik is stepping down after nine years in this role. He will continue as the chairman of the company’s board of directors.
Jim Whitehurst, the former chief operating officer of Delta Air Lines was named as Mr Szulik’s successor.
Mr Szulik said that he was moving out of the chief executive’s role for personal reasons.
Our outlook is positive with strong technology, great people and a global brand. I welcome this opportunity to lead Red Hat into the future, said Mr Whitehurst.
Prior to joining Delta Airlines, Mr Whitehurst served as the vice president and director at The Boston Consulting Group and held different roles in their Chicago, Hong Kong, Shanghai and Atlanta offices. He holds an MBA from the Harvard Business School.
Red Hat also reported its third-quarter earnings with the announcement of the new chief executive. The company’s revenues grew by 28% year-on-year for the quarter ending November 2007 to reach $135.4 million.
Source: ComputerWire daily updates