RALEIGH, N.C. - —
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that its board of directors has appointed Narendra (Naren) K. Gupta, Ph.D., as chairman of the board. Gupta, a member of Red Hat’s board since 2005 and a member of the board’s compensation committee, succeeds retired U.S. Army Gen. H. Hugh Shelton, who recently retired from the board after serving as chairman since 2010.
Red Hat is one of the technology industry’s most respected companies and its culture of open innovation has helped make open source a de facto standard.
Gupta, who has served on Red Hat’s board of directors since 2005, is a technology industry veteran with more than 40 years’ experience. In 2006, he co-founded Nexus Venture Partners, a leading venture capital fund, and he currently serves as the firm’s managing director.
Gupta co-founded Integrated Systems Inc. (ISI) in 1980 to develop products for embedded software development. He served as ISI’s president and CEO from founding until 1994 and as chairman until 2000 when ISI merged with Wind River Systems, Inc., a provider of device software optimization solutions. Gupta served as Wind River's vice chairman from 2000 until its acquisition by Intel in 2009. He currently serves on the board of trustees of the California Institute of Technology, the advisory board of Asia Society Northern California, and on the boards of several privately held companies.
Jim Whitehurst, president and CEO, Red Hat
“Naren is a well-respected leader. Coupled with his global technology industry experience, he is an ideal person for this role. Red Hat has already benefited greatly from his broad experience and his contributions as a dedicated member of our board. I look forward to working closely with Naren to continue Red Hat’s role as one of the world’s most innovative companies.”
Naren Gupta, co-founder and managing director, Nexus Venture Partners; chairman of Red Hat’s board of directors
“Red Hat is one of the technology industry’s most respected companies and its culture of open innovation has helped make open source a de facto standard. I am honored and excited to serve as chairman of its board.”