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Canoe.ca: Cowpland Resigns to Focus on Linux Start-Ups

Aug 15, 2000, 22:34 (0 Talkback[s])

[ Thanks to Kevin Reichard for this link. ]

"OTTAWA, Aug 15 (Reuters) - Michael Cowpland, the founder of Corel Corp., said on Tuesday he will step down as president and chief executive officer of the struggling software developer to devote time to new Linux start-ups."

"In a statement, Cowpland, who founded Corel in 1985, said he would no longer be involved in the operations of the company but will continue as a director and as a technology advisor."

"Derek Burney, the company's chief technology officer, has been appointed interim chief executive and president. Cowpland said he would dedicate his time and resources to new Linux ventures. Linux is an open source computer operating system which supporters claim is more reliable and flexible than Microsoft Corp.'s Windows, which is a closed proprietary system."

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