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Red Hat increases stock-ownership rules for executives
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| Raleigh software company Red Hat will soon require
| its top executives to own more of its shares,
| creating added financial incentive for them to help
| the stock rise.
|
| Since 2006, the company has required officers and
| directors to own shares. The revised stock-
| ownership policy, which takes effect March 1,
| increases the minimum ownership levels, said
| Brandon Asbill, vice president and assistant
| general counsel.
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http://www.newsobserver.com/business/local_state/story/210496.html
Recent:
Red Hat Named Large Technology Company of the Year by North Carolina Technology Association
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| Red Hat, Inc. (NYSE: RHT), the world's
| leading provider of open source solutions,
| today announced it has been named Large
| Technology Company of the Year by the North
| Carolina Technology Association (NCTA) in
| its 2009 NCTA 21 Awards. The criteria for
| this award include annual revenue of more
| than $100 million, market leadership,
| employment growth, innovation and profit
| margin. Other finalists in the Large
| Technology Company category included Epic
| Games, Inc., Microsoft Corporation and
| Tekelec.
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http://www.tradingmarkets.com/.site/news/Stock%20News/2655825/
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