Posts tagged “Jim Whitehurst”
Red Hat Inc. (NYSE:RHT) reported second-quarter earnings of $51.4 million, or 47 cents cents a share, up from $46.8 million and 41 cents a share in the same period last year, topping analyst expectations of 44 cents a share.
Red Hat (NYSE:RHT) CEO Jim Whitehurst is getting a $100,000 raise, which boosts his salary from $900,000 to $1 million as of June 1, according to a filing with the U.S. Securities and Exchange Commission.
Jim Whitehurst, CEO of Raleigh-based Red Hat, is now an author, too. His book, "The Open Organization," is due in stores on June 2. So why did he take time out of a busy schedule running the world's leading open-source Linux software and services firm to write?
On Tuesday, Red Hat unveiled a new business process management suite and also announced further security acceptance for its "cloud" computing offerings. Yes, the Hatters continue to grow at a relentless pace. And spearheading the drive is CEO Jim Whitehurst. He's leading the company to places it has never been - and in a blog post the affable exec with the boyish grin explains the secrets to his success.
In his fifth year as the top executive at Raleigh-based Red Hat, Jim Whitehurst plots a strategy for continued growth and another 150 local jobs in the wake of the Linux software firm topping $1 billion in revenues. He aims to keep the stock price high and at the same time keeping the company focused on the "changing paradigm" in computing. As for his own career, Whitehurst says "I can't imagine anything better to do."
Red Hat CEO Jim Whitehurst and Nancy McFarlane, the new mayor of Raleigh, will talk to the media Friday about the "mutually beneficial future" of the capital city and the world's leading provider of open-source software.
The world's No. 4 PC maker says it is adding personnel to support its growing global business. Affiliated Computer Services will provide customer support.
In his own words: Jim Whitehurst provides a glowing report about the Linux software developer and services provider's performance in a quarter that beat Wall Street expectations.
At a gathering of Triangle-area alumni, Harvard Business School grads Jim Whitehurst of Red Hat, John Replogle of Burt's Bees, Tony Frazier of Cisco and Michael Jacobs of Jacobs Capital and UNC talked about why they do what they do.
At a Harvard alumni event, Crimson MBAs John Replogle of Burt's Bees, Jim Whitehurst of Red Hat, Tony Frazier of Cisco and Michael Jacobs of Jacobs Capital talked about what makes their work rewarding.
“Every industry has built brittle, optimized systems around the way the world was 20 years ago when those companies were originally successful,” Red Hat’s CEO tells entrepreneurs and investors. “The potential for new ideas, for entrepreneurs to come in, to redefine business models has never been higher.”
Opinion: "In order to create and sustain real, long-term, high value jobs, we must recognize and harness the power of participation to drive innovation in this country," writes Jim Whitehurst, who was invited to the White House event.
Executive Q&A: Jim Whitehurst, chief executive officer at Red Hat, talks about how his company works with a community of worldwide developers to improve Linux. Then the company provides services to support the ever-changing operating system to keep it robust and secure.
Group of companies, individuals, universities and organizations band together to tout open source solutions for federal government.