RALEIGH, N.C.--BUSINESS WIRE--Red Hat, Inc. NYSE: RHT, the world's leading provider of open source
solutions, today announced General H. Hugh Shelton U.S. Army Retired
has been elected to serve as chairman of Red Hat's board of directors. A
member of Red Hat's board of directors since April 2003, General Shelton
previously held the position of Lead Director and currently serves on
the Audit and Compensation Committees. He succeeds Matthew Szulik,
former Red Hat CEO.
“Management's Discussion and Analysis of Financial Condition and Results
of Operations”
“General Shelton is an individual of the utmost integrity. He has
excelled in the numerous roles and positions held throughout his career
and as a dedicated member of Red Hat's board of directors for more than
seven years,” said Jim Whitehurst, president and CEO, Red Hat. “General
Shelton possesses the right combination of leadership, experience and
industry knowledge to help guide Red Hat toward achieving its future
goals.”
General Shelton became the 14th Chairman of the Joint Chiefs
of Staff, the highest-ranking military officer in the United States
armed forces and the principal military adviser to the President of the
United States, on Oct. 1, 1997, and served two terms.
From January 2002 until April 2006, General Shelton served as president,
International Sales, for M.I.C. Industries, an international
manufacturing company. He has served on the boards of several public
companies including Protective Products of America, Inc., Anheuser-Busch
Companies, CACI International Inc. and Anteon International Corporation.
General Shelton received the Congressional Gold Medal, the highest
civilian award conferred by the United States Congress. Among his other
numerous military awards are four Defense Distinguished Service Medals,
two Army Distinguished Service Medals, the Legion of Merit, the Bronze
Star Medal for Valor and the Purple Heart. He has been decorated by 16
foreign governments. Civilian awards include the state of North
Carolina's highest award for public service, and the Eisenhower Award
from the Business Executives for National Security.
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About Red Hat, Inc.
Red Hat, the world's leading provider of open source solutions and an
S&P 500 company, is headquartered in Raleigh, NC with over 65 offices
spanning the globe. CIOs ranked Red Hat as one of the top vendors
delivering value in Enterprise Software for six consecutive years in the
CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality,
affordable technology with its operating system platform, Red Hat
Enterprise Linux, together with virtualization, applications, management
and Services Oriented Architecture SOA solutions, including Red Hat
Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also
offers support, training and consulting services to its customers
worldwide. Learn more: http://www.redhat.com.
Forward-Looking Statements
Certain statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to
any historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result of
various important factors, including: risks related to delays or
reductions in information technology spending, the integration of
acquisitions and the ability to market successfully acquired
technologies and products; the ability of the Company to effectively
compete; the inability to adequately protect Company intellectual
property and the potential for infringement or breach of license claims
of or relating to third party intellectual property; the ability to
deliver and stimulate demand for new products and technological
innovations on a timely basis; risks related to data and information
security vulnerabilities; ineffective management of, and control over,
the Company's growth and international operations; fluctuations in
exchange rates; uncertainty and adverse results in litigation and
related settlements, and changes in and a dependence on key personnel,
as well as other factors contained in our most recent Quarterly Report
on Form 10-Q copies of which may be accessed through the Securities and
Exchange Commission's website at http://www.sec.gov,
including those found therein under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and Results
of Operations". In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general
factors including without limitation general industry and market
conditions and growth rates, economic conditions, and governmental and
public policy changes. The forward-looking statements included in this
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release and these views could change. However, while the Company may
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future, the Company specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the date
of the press release.
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