Linked by Thom Holwerda on Thu 22nd Jun 2006 14:09 UTC, submitted by Flatline
Novell and Ximian Novell's board of directors on Thursday named Ron Hovsepian CEO and president to replace Jack Messman, and ousted the company's chief financial officer. In a conference call on Thursday, company executives said the changes were made to accelerate the growth at Novell, which has had disappointing financial results, particularly in its Linux business.
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Background
by Googlesaurus on Thu 22nd Jun 2006 15:58 UTC
Googlesaurus
Member since:
2005-10-19

Consider Hovsepian's former position as Managing Director with Bear Stearns Asset Management. This could give a clear indication of things to come.

He is a financial type. He will ditch anything likely unprofitable to the future of the company.

I wouldn't consider anything sacred at the moment.

Reply Score: 3

RE: Background
by chemical_scum on Thu 22nd Jun 2006 16:38 in reply to "Background"
chemical_scum Member since:
2005-11-02

Consider Hovsepian's former position as Managing Director with Bear Stearns Asset Management. This could give a clear indication of things to come

He spent the two years before joining Novell working in venture capital investment management. He spent the preceeding 17 years working for IBM. I think that 17 years experience is a more likely indication of the direction he intends to go.

In particular he worked at IBM during the period of its turn around after it being shafted by you know who on the pacific north west.

Reply Parent Score: 1