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Red Hat Chooses Seasoned Technical Sales Executive to Lead North American Sales
RaleighUnited States, January 14, 2005
Lynne Corddry joins Red Hat with over 20 years of industry sales experience.
Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source and Linux provider, today announced the appointment of Lynne Corddry as Vice President of North American Sales. Corddry has over 20 years' experience as a sales executive in companies such as UNISYS, Network Appliance, Silicon Graphics, Inc., and Digital Equipment Corporation.
Corddry comes to Red Hat from UNISYS Corporation where she held the position of Vice President and General Manager, Federal Systems and Technology Business Unit. She led the growth, margin and profitability of high performance enterprise solutions and services to the Federal Government with responsibility for $180M annually. Over a period of 7 months Corddry turned the Federal Business unit around to become profitable. Prior to UNISYS Corddry was Director, Federal Sales and Homeland Security at Network Appliance where she grew Federal business sector 100% year over year for 4 consecutive years.
"Lynne is a well respected executive in the industry with very diverse technical experience," said Alex Pinchev, Executive Vice President of Global Sales at Red Hat. "Consistently throughout her career Lynne has exceeded the goals she has set for herself and those that companies have placed on her."
Corddry holds a Masters Degree in Marketing and Finance from James Madison University. She has taught and lectured extensively at George Washington University, Montgomery College and James Madison University. Corddry is a board member of the Board of the National Defense Industry Association as well as the Government Electronics Industry Alliance.
For more information on Red Hat please visit http://www.redhat.com.
About Red Hat, Inc.
Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com
Forward-looking statements in this press release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release that are not strictly historical statements, including, without limitation, management's plans and objectives for future operations, and management's assessment of market factors, constitute forward-looking statements which involve risks and uncertainties. These risks and uncertainties include, without limitation, reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures, the viability of the Internet, and other risks detailed in Red Hat's filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at http://www.sec.gov.
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