RALEIGH, N.C.--(BUSINESS WIRE)--
Red Hat, Inc. (NYSE:RHT), the world's leading provider of open source
solutions, today announced that Charlene Begley, a former executive at
General Electric Company, has been appointed to the company's Board of
Directors.
"We are pleased to welcome Charlene Begley to our board. With her
extensive business and leadership experience, she will add a valuable
perspective as Red Hat continues its focus on developing innovative
technologies to help enterprises leverage the power of open source to
meet their IT and business needs," said General H. Hugh Shelton (U.S.
Army Retired), Chairman of Red Hat's Board of Directors.
Ms. Begley served in various capacities at General Electric from 1988
through December 2013. Most recently, she served in a dual role as
Senior Vice President and Chief Information Officer, as well as the
President and Chief Executive Officer of GE's Home and Business
Solutions business from January 2010 through December 2013. Ms. Begley
served as President and Chief Executive Officer of GE Enterprise
Solutions from August 2007 through December 2009. During her career at
GE, she served as President and Chief Executive Officer of GE Plastics
and GE Transportation, led GE's Corporate Audit staff and served as the
Chief Financial Officer for GE Transportation and GE Plastics Europe and
India. Ms. Begley is currently a director and member of the audit
committee of The NASDAQ OMX Group. Inc. (NASDAQ: NDAQ), a global
exchange group that delivers trading, clearing, exchange technology,
regulatory, securities listing, and public company services, and is a
director and member of the audit and nomination and governance
committees of WPP plc (NASDAQ: WPPGY), a provider of marketing
communications services globally.
About Red Hat, Inc.
Red Hat is the world's leading provider of open source software
solutions, using a community-powered approach to reliable and
high-performing cloud, Linux, middleware, storage and virtualization
technologies. Red Hat also offers award-winning support, training, and
consulting services. As the connective hub in a global network of
enterprises, partners, and open source communities, Red Hat helps create
relevant, innovative technologies that liberate resources for growth and
prepare customers for the future of IT. Learn more at 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 effects of industry
consolidation; the ability of the Company to compete effectively; the
integration of acquisitions and the ability to market successfully
acquired technologies and products; uncertainty and adverse results in
litigation and related settlements; 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
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 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 is a trademark of Red Hat, Inc., registered in the U.S. and
other countries. Linux® is the registered trademark of Linus Torvalds in
the U.S. and other countries.
Red Hat, Inc.
Media Contact:
Stephanie
Wonderlick, 571-421-8169
swonderl@redhat.com
or
Investor
Relations:
Tom McCallum, 919-754-4630
tmccallum@redhat.com
Source: Red Hat, Inc.
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