Red Hat names new CEO
In a move many will find surprising, Red Hat announced that Paul Cormier, the company's CEO and president since 2020, is stepping over to become chairman of the board. Matt Hicks, a Red Hat veteran and the company's head of products and technologies, will replace Cormier as president and CEO. It had been rumored at May 2022's Red Hat Summit that Cormier, who had been with Red Hat for over 14 years, might retire soon. That rumor wasn't true, but he is moving to a "somewhat" less demanding position. That said, as Stephanie…