Red Hat names new CEO
The company’s former CEO, Jim White, will now become president of IBM
Open source specialists, Red Hat has announced that Paul Cormier has been appointed as the company’s president and chief executive officer.
Comier is a long term Red Hat veteran and has previously served as the company’s president of Products and Technologies.
Comier succeeds Jim White Hurst who will now serve as president of Red Hat’s parent company, IBM.
In 2019, Red Hat was acquired by US software giant IBM in a $34 billion deal.
During his time at Red Hat, Cormier has driven more than 25 acquisitions at Red Hat, as the company grew exponentially and expanded beyond its Linux routes.
"When I joined Red Hat, it would have been impossible to predict how Linux and open source would change our world, but they are truly everywhere. The transformations I see happening in our industry are exciting, as they present new challenges and opportunities. The opportunity for Red Hat has never been bigger than it is today and I am honored to lead the company to help our customers solve their challenges and to keep Red Hat at the forefront of innovation," said Paul Cormier, president and CEO of Red Hat.