Whitehurst Takes Over as New Red Hat CEO

Red Hat President and CEO Matthew Szulik announced today on his blog that he would be stepping down from his leadership roles in the Linux vendor. "After almost a decade of leading Red Hat, I have decided to transition my CEO and President role for the personal reasons I have already discussed." According to the AP, these personal reasons are based mainly on serious health issues within his family. However, Szulik won"t completely leave the company: "It"s my privilege to continue serving this great company in the role of Chairman of the Board."

Taking over for Szulik will be former Delta Air Lines executive Jim Whitehurst; chosen for his work at bringing Delta out of bankruptcy, company officials hope that Whitehurst will be able to increase revenue at Red Hat past the $1 billion mark. Said Szulik, "Red Hat will be in the capable hands of a world-class executive team under the leadership of Jim Whitehurst as President and CEO."

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