Search Results for: jim whitehurst

Arvind Krishna to Succeed Ginni Rometty as IBM CEO; Jim Whitehurst Named President

Arvind Krishna, senior vice president for cloud and cognitive software at IBM (NYSE: IBM), has been elected to serve as CEO and board member of the company, effective April 6. The board of directors also elected James “Jim” Whitehurst, an SVP at IBM and CEO of Red Hat, to serve as president of IBM.

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Eric Shander Promoted to EVP, CFO at Red Hat

Eric Shander, formerly acting chief financial officer, vice president and chief accounting officer of Red Hat (NYSE: RHT), has been promoted to serve as executive VP and CFO at the Raleigh, North Carolina-based software company. Shander will report directly to Jim Whitehurst, president and CEO of Red Hat, and oversee the …

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Former Cisco Exec Frank Calderoni Joins Red Hat as CFO, EVP for Operations

TYSONS CORNER, VA June 23, 2015 — Executive Mosaic — GovCon Executive reported Monday on Frank Calderoni joining Red Hat (NYSE: RHT) as its new chief financial officer and executive vice president of operations. Prior to his appointment, Calderoni served as executive adviser, EVP and CFO at Cisco Systems for …

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Red Hat Names HP, IBM Vet Arun Oberoi Global Sales Lead

Red Hat Inc. (NYSE: RHT) has appointed Arun Oberoi executive vice president of global sales and services, the company announced Thursday. The Raleigh, N.C.-based open source software firm said he will be responsible for developing sales and services strategies. He will also be tasked with expanding business into new markets …

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Red Hat reports revenue gain of 18 percent

Red Hat, an open source solutions provider, recently announced its third quarter financial results for 2010. From the third quarter of last year, revenue has gone up approximately 18 percent, with total revenue reaching $194.3 million. Other highlights of the financial results include an increase in subscription revenue of 21 …

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IBM-Red Hat Merger Receives EU Approval

IBM (NYSE: IBM) has secured unconditional approval from the European Commission for its proposed acquisition of Red Hat (NYSE: RHT) for $34B cash, nearly two months after the U.S. Department of Justice cleared the transaction. The commission said Thursday the merger, which both companies first announced in October 2018, would not put market competition at risk.

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DOJ Concludes IBM-Red Hat Transaction Review

The Department of Justice has completed its assessment of the proposed $34B acquisition of Red Hat (NYSE: RHT) by IBM (NYSE: IBM). IBM also secured a notice of early termination of the required waiting period for the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the company said Friday …

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