|By Business Wire
|March 26, 2014 08:04 AM EDT
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source
solutions, today announced that the company’s president and CEO, Jim
Whitehurst, has been awarded the 2014 William
C. Friday Award by North Carolina State University's Park Scholars.
The William C. Friday Award, established in 2000, is named after the
former president of the University of North Carolina. The annual award
is presented by the senior class of Park Scholars, North Carolina State
University’s merit scholarship program, and honors Friday’s dedication
and excellence in leadership, scholarship, service and character.
Whitehurst is an avid advocate for open source software as a catalyst
for business innovation. With a background in business development,
finance, and global operations, Whitehurst has proven expertise in
helping companies flourish—even in the most challenging economic and
business environments. Under his leadership, Red Hat was ranked 4th on
Forbes’ list of “The
World’s Most Innovative Companies” in 2012, was added to Standard
and Poor’s (S&P) 500 stock index in 2009, and named one
of the best places to work in 2014 by Glassdoor.
Past recipients of the William C. Friday Award include Mr. Friday
himself; North Carolina State University Chancellor Emeritus Larry
Monteith; General H. Hugh Shelton; noted historian John Hope Franklin;
SAS leaders Ann and Jim Goodnight; Geomagic CEO Ping Fu; Special
Olympics of North Carolina CEO and president Keith L. Fishburne;
Ambassador James A. Joseph, and Principal Chief of the Eastern Band of
Cherokee Michell Hicks.
Alex Chin, chair, Park Scholarships William C. Friday Award
Committee, N.C. State University
"On behalf of the Park Scholarships William C. Friday Award Committee,
we congratulate Mr. Whitehurst on being named the 2014 recipient of the
William C. Friday Award. From a long list of candidates, we chose Mr.
Whitehurst because he emulates excellence in leadership, scholarship,
character, and service. It's an honor to get to recognize him and all of
Jim Whitehurst, president and CEO, Red Hat
"It is a privilege to receive the 2014 William C. Friday Award.
Reflecting on the past recipients – including General Hugh Shelton,
chairman of Red Hat’s board of directors – it is an incredible honor to
be held in the same regard as leaders of such caliber. I sincerely thank
North Carolina State University and the Park Scholars for this award."
Connect with Red Hat
About Red Hat, Inc.
Red Hat is the world's leading provider of open source software
solutions, using a community-powered approach to reliable and
high-performing cloud, Linux, middleware, storage and virtualization
technologies. Red Hat also offers award-winning support, training, and
consulting services. As the connective hub in a global network of
enterprises, partners, and open source communities, Red Hat helps create
relevant, innovative technologies that liberate resources for growth and
prepare customers for the future of IT. Learn more at http://www.redhat.com.
Certain statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to
any historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result of
various important factors, including: risks related to delays or
reductions in information technology spending; the effects of industry
consolidation; the ability of the Company to compete effectively; the
integration of acquisitions and the ability to market successfully
acquired technologies and products; uncertainty and adverse results in
litigation and related settlements; the inability to adequately protect
Company intellectual property and the potential for infringement or
breach of license claims of or relating to third party intellectual
property; the ability to deliver and stimulate demand for new products
and technological innovations on a timely basis; risks related to data
and information security vulnerabilities; ineffective management of, and
control over, the Company's growth and international operations;
fluctuations in exchange rates; and changes in and a dependence on key
personnel, as well as other factors contained in our most recent
Quarterly Report on Form 10-Q (copies of which may be accessed through
the Securities and Exchange Commission's website at http://www.sec.gov),
including those found therein under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and Results
of Operations". In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general
factors including (without limitation) general industry and market
conditions and growth rates, economic and political conditions,
governmental and public policy changes and the impact of natural
disasters such as earthquakes and floods. The forward-looking statements
included in this press release represent the Company's views as of the
date of this press release and these views could change. However, while
the Company may elect to update these forward-looking statements at some
point in the future, the Company specifically disclaims any obligation
to do so. These forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the date
of this press release.
Red Hat and the Shadowman logo are trademarks of Red Hat, Inc.,
registered in the U.S. and other countries.
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