Former COO of Delta Airlines to Lead Company, Szulik to Continue
RALEIGH, N.C.--(BUSINESS WIRE)--Dec. 20, 2007--Red Hat, Inc.
(NYSE: RHT) today announced that its Board of Directors has elected
James M. Whitehurst, as President and Chief Executive Officer and a
member of the Board of Directors of Red Hat, effective January 1,
2008. Mr. Whitehurst will succeed Matthew J. Szulik as President and
Chief Executive Officer. Szulik will continue to serve as Chairman of
the Board of Directors.
On behalf of Red Hat's Board of Directors, William S. Kaiser, lead
director, said, "For nearly a decade, Matthew Szulik's vision and
leadership legitimized free, open source software as an innovative and
profitable business model. From Red Hat's early days as a small,
private company, Szulik transformed Red Hat into a globally recognized
brand whose approach to technology development and customer service
has redefined the software industry."
Kaiser added, "The Board is delighted that Jim Whitehurst will
serve as CEO. We are confident that he will bring a combination of
strategic insight and operational excellence needed to sustain growth
while continuing to deliver industry leading customer service. His
experience with large, global companies will be essential as Red Hat
continues to scale to $1 billion in revenue and beyond."
"After an extensive search, Red Hat has selected a talented
executive who has successfully led a global technology-focused
organization at Delta," added Szulik. "Jim is a hands on guy who will
be a strong cultural fit at Red Hat."
"Red Hat has changed the way people consume technology. This is an
outstanding company that I feel privileged to join," said Jim
Whitehurst. "Our outlook is positive with strong technology, great
people, solid management and a global brand. Red Hat leads the
software industry in delivering value to its customers. I welcome this
opportunity to lead Red Hat into the future."
Whitehurst joined Delta Airlines in 2002, serving in various
roles, most recently as Chief Operating Officer, responsible for
Operations, Sales and Customer Service, Network and Revenue
Management, Marketing and Corporate Strategy.
Prior to joining Delta, Whitehurst served as Vice President and
Director of The Boston Consulting Group (BCG) and held various
leadership roles in their Chicago, Hong Kong, Shanghai and Atlanta
A native of Columbus, Ga., Whitehurst graduated from Rice
University in Houston, Texas, with a bachelor's degree in Computer
Science and Economics. He also attended Friedrich-Alexander University
in Erlangen, Germany, holds a general course degree from the London
School of Economics and an MBA from Harvard Business School.
Nosal Partners, an executive search firm, assisted the Red Hat
Board of Directors in this search.
About Red Hat
Red Hat, the world's leading open source solutions provider, is
headquartered in Raleigh, NC with over 50 satellite offices spanning
the globe. CIOs have ranked Red Hat first for value in Enterprise
Software for four consecutive years in the CIO Insight Magazine Vendor
Value study. Red Hat provides high-quality, low-cost technology with
its operating system platform, Red Hat Enterprise Linux, together with
applications, management and Services Oriented Architecture (SOA)
solutions, including the JBoss Enterprise Middleware Suite. Red Hat
also offers support, training and consulting services to its customers
worldwide. Learn more: http://www.redhat.com.
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CONTACT: Red Hat, Inc.
Kerrin Catallozzi, 919-754-4268
SOURCE: Red Hat, Inc.