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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RE: mixed source
by kaiwai on Fri 23rd Jun 2006 09:41 UTC in reply to "mixed source"
kaiwai
Member since:
2005-07-06

I wouldn't overlook the possibility that this new guy is trying to position Novell for acquisition or even one of those "leveraged buy-outs," given he was groomed by the master, Lou Gerstner.

Ah, old Lou, what a bloody idiot he was; ran Nabisco into the ground; was the number one biscuit company in the US, by the time he left, it was bought up by Kraft, who was number 3 when Lou originally took over - so indebted, Nabisco sold off assets, in the case of New Zealand, Griffins was sold to the French food group, Danone.

Lou, yet another over rated MBA halfwitt, who could take the most successful companies in the world, and run their down into the toilet.

IBM is *just* recovering after Lou start killing of R&D, hardware development, product development and all those bloody annoying things that result in real product and services being delivered.

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