Novell has fired its CEO and CFO after several quarters of anemic growth during which its main competitor, Red Hat, has grown significantly. Novell’s Board of Directors has replaced CEO Jack Messman, who has been with the company for decades, with chief operating officer and president Ron Hovsepian, an IBM alumnus who joined Novell in 2003. There has not been a replacement announced for the CFO, Joseph Tibbetts. Dana Russell, Novell’s current vice president of finance and corporate controller, has been appointed interim CFO until a permanent appointment is made.
Loading ...
Novell Ousts CEO, CFO
Posted by: Erika Morphy June 22, 2006 04:07 PMNovell has fired its CEO and CFO after several quarters of anemic growth during which its main competitor, Red Hat, has grown significantly. Novell’s Board of Directors has replaced CEO Jack Messman, who has been with the company for decades, with chief operating officer and president Ron Hovsepian, an IBM alumnus who joined Novell in 2003. There has not been a replacement announced for the CFO, Joseph Tibbetts. Dana Russell, Novell’s current vice president of finance and corporate controller, has been appointed interim CFO until a permanent appointment is made.