RALEIGH, N.C.--(BUSINESS WIRE)--
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source
solutions, today announced the appointment of enterprise software
industry veteran Arun Oberoi as executive vice president of global sales
and services. Oberoi brings strong go-to-market executive experience —
including global leadership roles with HP and IBM — to Red Hat, where he
will further develop the company's sales and services strategy.
"As Red Hat continues to make strategic investments in our business and
move into new markets, having seamless integration between sales and
services and our technology vision is critical," said Jim Whitehurst,
president and CEO, Red Hat. "With his outstanding track record of
success and his global sales, services and management experience, I am
very confident in Arun's ability to help Red Hat capitalize on our
opportunities as we meet our customers' evolving technology and business
needs."
Oberoi has led and repeatedly built rapidly-scaling businesses across a
wide spectrum of companies ranging from start-ups and mid-sized
companies to multi-billion dollar global organizations. Oberoi comes to
Red Hat from Viridity Software, a data center infrastructure management
start-up, where he served as president and CEO, doubling new customers
every consecutive quarter in 2011, and seeing the company's flagship
product through its recent acquisition by Schneider Electric. Prior to
Viridity, Oberoi was CEO of Aveksa, a leading access governance and
management software start-up, where he led the company to fast growth
and a financing round for further expansion.
In his earlier roles, Oberoi was responsible for leading worldwide
sales, services and marketing organizations with a strong focus on
cultivating partner ecosystems as a core element of customer value
delivery and synergistic market reach. He was executive vice president
of worldwide sales and services at Micromuse, a market-leading provider
of network and service management solutions. Micromuse was acquired by
IBM, where Oberoi led the integration and its continued fast growth and
field expansion as vice president within IBM Tivoli.
Before that, Oberoi had an accomplished career at HP, where he held
various executive leadership roles, including vice president and general
manager of worldwide top 100 corporate accounts and industries, as well
as vice president and general manager of worldwide sales and marketing
for HP's software business. As part of HP's software business, he led
the development of a dedicated worldwide sales and marketing
organization for the portfolio, which included HP's OpenView Management
software, driving sales growth from initial stages to $1 billion in
revenues.
Oberoi earned his Master of Business Administration from Northwestern
University's Kellogg School of Management. He also has a Master of
Business Administration from Panjab University Business School in
Chandigarh, India, and a Bachelor of Arts, with honors, from India's
Delhi University.
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, North Carolina, USA, with
more than 70 offices spanning the globe. Red Hat provides high-quality,
affordable technology with its operating system platform, Red Hat
Enterprise Linux, together with cloud, virtualization, management,
storage and service-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: 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 effects of industry
consolidation; the ability of the Company to compete effectively;
uncertainty and adverse results in litigation and related settlements;
the integration of acquisitions and the ability to market successfully
acquired technologies and products; 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; and changes in and a dependence on key
personnel, as well as other factors contained in our most recent Annual
Report on Form 10-K (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 and political conditions,
governmental and public policy changes and the impact of natural
disasters such as earthquakes and floods. The forward-looking statements
included in this press release represent the Company's views as of the
date of this press release and these views could change. However, while
the Company may elect to update these forward-looking statements at some
point in the 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 this press release.
Red Hat, Inc. Red Hat, the Shadowman logo and JBoss are registered
trademarks of Red Hat, Inc. in the U.S. and other countries. Linux is a
registered trademark of Linus Torvalds.
Red Hat, Inc.
Stephanie Wonderlick, 571-421-8169
swonderl@redhat.com
Source: Red Hat, Inc.
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