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Update: CNET News: Red Hat CFO Resigns in Surprise Move

Jun 15, 2004, 16:22 (11 Talkback[s])
(Other stories by Stephen Shankland)

[ Thanks to John Heidingsfelder for this link. ]

"Red Hat Chief Financial Officer Kevin Thompson will resign, the Linux seller announced on Monday, raising eyebrows three days before its scheduled announcement of quarterly financial results.

"Thompson is leaving after four years at Red Hat to 'pursue other interests,' though he'll continue as CFO until a successor is found 'to help provide a smooth transition,' Red Hat said..."

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AP/Forbes: Red Hat: Software Sales Rise 13 Percent

"Software developer Red Hat Inc. today said unit sales of its Linux-based operating system rose 23 percent sequentially during the first quarter of fiscal 2005, while total software subscriptions increased 13 percent..."

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