IBM's Red Hat names Matt Hicks President and CEO

Open source solution provider Red Hat has confirmed that Matt Hicks has been named president and chief executive officer.

Paul Cormier, who will serve as Red Hat’s vice president, succeeds Hicks, who previously served as the company’s executive vice president for Products and Technologies.

In his capacity as executive vice president of Products and Technologies, Hicks was accountable for Red Hat’s entire product strategy and engineering.

Cormier, who was named president and CEO in 2020, has been with Red Hat for 21 years. During that time, he has been heavily involved in the company

RHEL is currently the industry-standard Linux platform for businesses, is used by more than 90% of Fortune 500 companies.

Red Hat is defining the future of enterprise IT using RHEL as the foundation for an open hybrid cloud.

His focus will continue to be on growing the business and spreading the acceptance of clients using open source technology to build an open hybrid cloud architecture.