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Szulik to step down as Red Hat chairman

May 27, 2010, 18:34 (0 Talkback[s])
(Other stories by Frank Vinluan)


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"Matthew Szulik, chairman of Red Hat's board of directors, is stepping down in August after his term expires, according to a filing with the Securities and Exchange Commission.

"In a May 20 letter to Red Hat (NYSE: RHT) board of directors, Szulik says he will not stand for re-election to his board seat when his term expires on Aug. 12. Szulik joined Red Hat as president in 1998 after serving as president and chief operating officer at Relativity Technologies, another Raleigh-based software company. He helped navigate Red Hat, a Linux software company, through its initial public stock offering in 1999 and was named CEO later that year."

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