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A chief executive officer ( CEO ), also known as a chief executive or managing director , is the top-ranking corporate executive charged with the management of an organization , usually a company or a nonprofit organization .

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52-508: RHT may refer to: Stock symbol for Red Hat Inc. IATA code for Alxa Right Banner Badanjilin Airport , Inner Mongolia, China Retinohypothalamic tract Right-hand traffic Randomized Hough transform , in image processing Retrogression heat treatment , in metals processing Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with

104-512: A clustering product intended for integrated high-performance computing (HPC). The acronym MRG stands for "Messaging Realtime Grid". Red Hat Enterprise MRG replaces the kernel of Red Hat Enterprise Linux RHEL , a Linux distribution developed by Red Hat, to provide extra support for real-time computing , together with middleware support for message brokerage and scheduling workload to local or remote virtual machines , grid computing , and cloud computing . As of 2011 , Red Hat works with

156-488: A company's business decisions, including those in operations, marketing, business development , finance, human resources , etc. The use of the CEO title is not necessarily limited to describing the head of a company. For example, the CEO of a political party is often entrusted with fundraising, particularly for election campaigns. In some countries, there is a dual board system with two separate boards, one executive board for

208-424: A corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability , market share , revenue , or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation . CEOs are also frequently assigned

260-582: A distribution portal called Red Hat Exchange, reselling FOSS software with the original branding intact. However, by 2010, Red Hat had abandoned the Exchange program to focus their efforts more on their Open Source Channel Alliance which began in April 2009. Red Hat build of Keycloak (formerly known as Red Hat Single Sign-On ) is a software product to allow single sign-on with Identity Management and Access Management aimed at modern applications and services. It

312-811: A division of Red Hat. On September 18, 2006, Red Hat released the Red Hat Application Stack, which integrated the JBoss technology and which was certified by other well-known software vendors. On December 12, 2006, Red Hat stock moved from trading on NASDAQ (RHAT) to the New York Stock Exchange (RHT). In 2007 Red Hat acquired MetaMatrix and made an agreement with Exadel to distribute its software. On March 15, 2007, Red Hat released Red Hat Enterprise Linux 5, and in June acquired Mobicents . On March 13, 2008, Red Hat acquired Amentra,

364-402: A facade of charm and eloquence. Traits such as courage and risk-taking, generally considered desirable, are often found alongside these psychopathic tendencies. Tara Swart, a neuroscientist at MIT Sloan School of Management , has suggested that individuals with psychopathic traits thrive in chaotic environments and are aware that others do not. As a result, they may intentionally create chaos in

416-462: A formal delegation of authority regarding business administration . Typically, responsibilities include being an active decision-maker on business strategy and other key policy issues, as well as leader , manager, and executor roles. The communicator role can involve speaking to the press and to the public, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO

468-738: A newsletter called Under the Brim. Wide Open magazine first appeared in March 2004, as a means for Red Hat to share technical content with subscribers regularly. The Under the Brim newsletter and Wide Open magazine merged in November 2004, to become Red Hat Magazine . In January 2010, Red Hat Magazine became Opensource.com. In April 2023 Red Hat went through company layoffs and laid off the team maintaining Opensource.com. In 2007, Red Hat announced that it had reached an agreement with some free software and open-source (FOSS) companies that allowed it to make

520-456: A provider of systems integration services for service-oriented architecture , business process management , systems development , and enterprise data services. On July 27, 2009, Red Hat replaced CIT Group in Standard and Poor's 500 stock index , a diversified index of 500 leading companies of the U.S. economy. This was reported as a major milestone for Linux. On December 15, 2009, it

572-493: A single point of failure, scalable to the exabyte level. Ceph replicates data and makes it fault-tolerant, using commodity hardware and requiring no specific hardware support. Ceph's system offers disaster recovery and data redundancy through techniques such as replication, erasure coding, snapshots and storage cloning. As a result of its design, the system is both self-healing and self-managing, aiming to minimize administration time and other costs. In this way, administrators have

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624-511: A single, consolidated system that avoids silos and collects the storage within a common management framework. Ceph consolidates several storage use cases and improves resource utilization. It also lets an organization deploy servers where needed. Red Hat operates OpenShift , a cloud computing platform as a service , supporting applications written in Node.js , PHP , Perl , Python , Ruby , JavaEE and more. On July 31, 2018, Red Hat announced

676-599: A source of criticism following a dramatic rise in pay relative to the average worker's wage . For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of control by compensation committees. In recent years, investors have demanded more say over executive pay. Lack of diversity amongst chief executives has also been

728-504: A source of criticism. In 2018, 5% of Fortune 500 CEOs were women. In 2023 the number rose to 10.4% of for Women CEO's of Fortune 500 companies . The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy , phallogocentrism ,

780-821: Is an American software company that provides open source software products to enterprises and is a subsidiary of IBM . Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina , with other offices worldwide. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux . With the acquisition of open-source enterprise middleware vendor JBoss, Red Hat also offers Red Hat Virtualization (RHV), an enterprise virtualization product. Red Hat provides storage, operating system platforms, middleware, applications, management products, support, training, and consulting services . Red Hat creates, maintains, and contributes to many free software projects. It has acquired

832-543: Is based on the open-source project Keycloak , which acts as an upstream project. Red Hat Subscription Management (RHSM) combines content delivery with subscription management. Red Hat is the largest contributor to the Ceph Storage SDS project : Block, File & Object Storage which runs on industry-standard x86 servers and Ethernet IP as well as ARM, InfiniBand, and other technologies. Ceph aims primarily for completely distributed operation without

884-402: Is often used in lieu of chief executive officer. Business publicists since the days of Edward Bernays (1891–1995) and his client John D. Rockefeller (1839–1937) and even more successfully the corporate publicists for Henry Ford , promoted the concept of the " celebrity CEO". Business journalists have often adopted this approach, which assumes that the corporate achievements, especially in

936-418: Is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can also be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, and the driving force behind, an organization culture". In the US, the term "chief executive officer" is used primarily in business, whereas

988-427: Is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors. As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the person who is ultimately accountable for

1040-542: Is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business,

1092-647: The Condor High-Throughput Computing System community and also provides support for the software. The Tuna performance-monitoring tool runs in the MRG environment. Red Hat produced the online publication Opensource.com since January 20, 2010. The site highlights ways open-source principles apply in domains other than software development. The site tracks the application of open-source philosophy to business, education, government, law, health, and life. The company originally produced

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1144-552: The Dictionary says that the use of "CEO" as an acronym for a chief executive officer originated in Australia , with the first attestation being in 1914. The first American usage cited is from 1972. The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited, and are typically enshrined in

1196-550: The One Laptop per Child initiative (a non-profit organization established by members of the MIT Media Lab ) to design and produce an inexpensive laptop and try to provide every child in the world with access to open communication, open knowledge, and open learning . The XO-4 laptop, the last machine the project produced (in 2012), runs a slimmed-down version of Fedora 17 as its operating system. Avi Kivity began

1248-555: The codebases of several proprietary software products through corporate mergers and acquisitions , and has released such software under open source licenses . As of March 2016 , Red Hat is the second largest corporate contributor to the Linux kernel version 4.14 after Intel . On October 28, 2018, IBM announced its intent to acquire Red Hat for $ 34 billion. The acquisition closed on July 9, 2019. It now operates as an independent subsidiary. In 1993, Bob Young incorporated

1300-532: The freedesktop.org project. Dogtail, an open-source automated graphical user interface (GUI) test framework initially developed by Red Hat, consists of free software released under the GNU General Public License (GPL) and is written in Python . It allows developers to build and test their applications. Red Hat announced the release of Dogtail at the 2006 Red Hat Summit. Red Hat MRG is

1352-528: The ACC Corporation, a catalog business that sold Linux and Unix software accessories. In 1994, Marc Ewing created his own Linux distribution, which he named Red Hat Linux (associated with the time Ewing wore a red Cornell University lacrosse hat, given to him by his grandfather, while attending Carnegie Mellon University ). Ewing released the software in October, and it became known as

1404-535: The CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief marketing officer (CMO) and chief business officer (CBO). The public relations -focused position of chief reputation officer

1456-513: The Halloween release. Young bought Ewing's business in 1995, and the two merged to become Red Hat Software, with Young serving as chief executive officer (CEO). Red Hat went public on August 11, 1999, achieving—at the time—the eighth-biggest first-day gain in the history of Wall Street . Matthew Szulik succeeded Bob Young as CEO in December of that year. Bob Young went on to found

1508-692: The IBM/Red Hat deal". The acquisition was closed on July 9, 2019. Red Hat is the primary sponsor of the Fedora Project, a community-supported free software project that aims to promote the rapid progress of free and open-source software and content. Red Hat operates on a business model based on open-source software , development within a community, professional quality assurance , and subscription-based customer support . They produce open-source code so that more programmers can make adaptations and improvements. Red Hat sells subscriptions for

1560-522: The Kubernetes control plane, for configuring a series of proxy servers that get injected between application components". Also Red Hat is the second largest contributor to Kubernetes code itself, after Google. Chief executive officer CEOs find roles in various organizations, including public and private corporations , nonprofit organizations , and even some government organizations (notably state-owned enterprises ). The governor and CEO of

1612-573: The Raleigh operation, and investing over US$ 109 million . The state of North Carolina is offering up to US$ 15 million in incentives. The second phase involves "expansion into new technologies such as software virtualization and technology cloud offerings". On August 25, 2011, Red Hat announced it would move about 600 employees from the N.C. State Centennial Campus to the Two Progress Plaza building. A ribbon cutting ceremony

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1664-528: The UK, chief executive and chief executive officer are used in local government , where their position in law is described as the "head of paid service", and in business and in the charitable sector . As of 2013 , the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director

1716-422: The arena of manufacturing, are produced by uniquely talented individuals, especially the "heroic CEO". In effect, journalists celebrate a CEO who takes distinctive strategic actions. The model is the celebrity in entertainment, sports, and politics – compare the " great man theory ". Guthey et al. argues that "...these individuals are not self-made, but rather are created by a process of widespread media exposure to

1768-617: The case of a partnership , an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company , an executive officer is any member, manager, or officer. Depending on the organization, a CEO may have several subordinate executives to help run the day-to-day administration of the company, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers. Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if

1820-450: The day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairperson presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim

1872-476: The development of KVM in mid-2006 at Qumranet , a technology startup company that was acquired by Red Hat in 2008. Red Hat is the largest contributor to the GNOME desktop environment. It has several employees working full-time on Evolution , the official personal information manager for GNOME. Init system and system/service manager for Linux systems. Network-capable sound server program distributed via

1924-506: The executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on the board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In

1976-562: The existence of old boy networks , tradition, and the lack of female role models in that regard. Some countries have passed laws mandating boardroom gender quotas. In 2023 Rockefeller Foundation awarded a grant to Korn Ferry to research strategies and then action a plan to help more women to become CEO's. There are contentious claims that a significant number of CEO's have psychopathic tendencies, often characterized by power-seeking behavior and dominance. These individuals can often conceal their ruthlessness and antisocial behavior behind

2028-582: The following month Red Hat introduced Red Hat Linux Advanced Server, later renamed Red Hat Enterprise Linux (RHEL). Dell , IBM , HP and Oracle Corporation announced their support of the platform. In December 2005, CIO Insight magazine conducted its annual "Vendor Value Survey", in which Red Hat ranked #1 in value for the second year in a row. Red Hat stock became part of the NASDAQ-100 on December 19, 2005. Red Hat acquired open-source middleware provider JBoss on June 5, 2006, and JBoss became

2080-529: The ongoing conflict in Gaza. On October 28, 2018, IBM announced its intent to acquire Red Hat for US$ 34 billion, in one of its largest-ever acquisitions. The company will operate out of IBM's Hybrid Cloud division. Six months later, on May 3, 2019, the US Department of Justice concluded its review of IBM's proposed Red Hat acquisition, and according to Steven J. Vaughan-Nichols "essentially approved

2132-458: The online print on demand and self-publishing company, Lulu in 2002. On November 15, 1999, Red Hat acquired Cygnus Solutions . Cygnus provided commercial support for free software and housed maintainers of GNU software products such as the GNU Debugger and GNU Binutils . One of the founders of Cygnus, Michael Tiemann , became the chief technical officer of Red Hat and by 2008

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2184-409: The point that their actions, personalities, and even private lives function symbolically to represent significant dynamics and tensions prevalent in the contemporary business atmosphere". Journalism thereby exaggerates the importance of the CEO and tends to neglect harder-to-describe broader corporate factors. There is little attention to the intricately organized technical bureaucracy that actually does

2236-477: The release of Istio 1.0, a microservices management program used in tandem with the Kubernetes platform. The software purports to provide "traffic management, service identity and security, policy enforcement and telemetry" services in order to streamline Kubernetes use under the various Fedora -based operating systems. Red Hat's Brian Redbeard Harring described Istio as "aiming to be a control plane, similar to

2288-836: The role of the main manager of the organization and the highest-ranking officer in the C-suite . The term "chief executive officer" is attested as early as 1782, when an ordinance of the Congress of the Confederation of the United States of America used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies . In draft additions to the Oxford English Dictionary published online in 2011,

2340-567: The support, training, and integration services that help customers in using their open-source software products. Customers pay one set price for unlimited access to services such as Red Hat Network and up to 24/7 support. In September 2014, however, CEO Jim Whitehurst announced that Red Hat was "in the midst of a major shift from client-server to cloud-mobile". Rich Bynum, a member of Red Hat's legal team, attributes Linux's success and rapid development partially to open-source business models, including Red Hat's. Red Hat engineers worked with

2392-409: The term "executive director" is used primarily in the not-for-profit sector. These terms are generally mutually exclusive and refer to distinct legal duties and responsibilities. The CEO is the highest-ranking executive in a company, making corporate decisions, managing operations, allocating resources, and serving as the main point of communication between the board of directors and the company. In

2444-481: The title RHT . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=RHT&oldid=960787418 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Red Hat Red Hat, Inc. (formerly Red Hat Software, Inc.)

2496-654: The vice president of open-source affairs. Later Red Hat acquired WireSpeed, C2Net , Hell's Kitchen Systems, and Akopia. In February 2000, InfoWorld awarded Red Hat its fourth consecutive "Operating System Product of the Year" award for Red Hat Linux 6.1. Red Hat acquired Planning Technologies, Inc. in 2001 and AOL 's iPlanet directory and certificate-server software in 2004. Red Hat moved its headquarters from Durham to North Carolina State University 's Centennial Campus in Raleigh, North Carolina in February 2002. In

2548-457: The work. Hubris sets in when the CEO internalizes the celebrity and becomes excessively self-confident in making complex decisions. There may be an emphasis on the sort of decisions that attract the celebrity journalists . Research published in 2009 by Ulrike Malmendier and Geoffrey Tate indicates that "firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance". Executive compensation has been

2600-802: The workplace. This perspective is explored in the book Snakes in Suits , co-authored by Robert D. Hare . However, Scott Lilienfeld has argued that the attention given to psychopathy in the workplace by both the media and scholars has far exceeded the available scientific evidence. Emilia Bunea, writing in Psychology Today , has linked psychopathic traits in managers to workplace bullying , employee dissatisfaction, and turnover intentions. Despite this, Bunea cautions that excessive worry about supposed psychopathic managers could discourage individuals from pursuing careers in corporations and deter employees from addressing issues with difficult bosses. In

2652-757: Was held on June 24, 2013, in the re-branded Red Hat Headquarters. In 2012, Red Hat became the first one-billion dollar open-source company, reaching US$ 1.13 billion in annual revenue during its fiscal year. Red Hat passed the $ 2 billion benchmark in 2015. As of February 2018 the company's annual revenue was nearly $ 3 billion. On October 16, 2015, Red Hat announced its acquisition of IT automation startup Ansible , rumored for an estimated US$ 100 million. In June 2017, Red Hat announced Red Hat Hyperconverged Infrastructure (RHHI) 1.0 software product In May 2018, Red Hat acquired CoreOS . Red Hat's links to Israel's military and professed support for Israel have also led to some controversy and calls for boycott during

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2704-580: Was reported that Red Hat will pay US$ 8.8 million to settle a class action lawsuit related to the restatement of financial results from July 2004. The suit had been pending in the U.S. District Court for the Eastern District of North Carolina . Red Hat reached the proposed settlement agreement and recorded a one-time charge of US$ 8.8 million for the quarter that ended Nov. 30. On January 10, 2011, Red Hat announced that it would expand its headquarters in two phases, adding 540 employees to

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