Red Hat CEO Szulik Resigns

Underexposed: Red Hat to Get New CEO from Delta Airlines

"In a surprise move, Red Hat said Thursday that Matthew Szulik will step down as president and chief executive on January 1, to be replaced by James Whitehurst, Delta Airlines' former chief operating officer.

"Szulik, who took over as CEO from Bob Young in 1999, shortly after the company's initial public offering, said he's stepping down because of family health issues..."

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Red Hat News: A Message From Matthew

"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. It's my privilege to continue serving this great company in the role of Chairman of the Board. Red Hat will be in the capable hands of a world-class executive team under the leadership of Jim Whitehurst as President and CEO.

"My early days at Red Hat were sitting in small office with no door in Durham, NC, across from the free soda machine. People by the hour would stop and punch their selection for Mountain Dew or Coke. My challenge was that I was tasked to go and raise venture money for this free software company..."

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Related Stories:

• CNET News: Face to Face with Red Hat CEO Matthew Szulik(Jun 20, 2002)
• NY Times: Red Hat Names New Chief Executive, Buys Software Firm(Nov 15, 1999)
• Red Hat Software hires a new President(Nov 03, 1998)