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Red Hat Leader Taking Lesser Role, Pay Cut

Mar 03, 2008, 19:00 (0 Talkback[s])
(Other stories by Frank Norton)

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"Matthew Szulik, who built Red Hat into a global technology company, will take a pay cut with his reduced role at the Raleigh software developer and could step down in February 2009.

"Szulik surprised investors and employees in December when he announced he would resign as CEO to care for an ill family member. Red Hat hired James Whitehurst, a former Delta Air Lines executive, as its new CEO. Szulik said he would remain chairman..."

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