MESSAGE
DATE | 2004-11-05 |
FROM | From: "Inker, Evan"
|
SUBJECT | Subject: [hangout] Open-source advocate Chris Stone unexpectedly leaves Novell
|
From owner-hangouts-destenys-at-mrbrklyn.com Fri Nov 5 12:46:03 2004 X-UIDL: hZ4"!lJ*"!~^I!!GY~"! Received: from www2.mrbrklyn.com (LOCALHOST [127.0.0.1]) by mrbrklyn.com (8.12.11/8.11.2/SuSE Linux 8.11.1-0.5) with ESMTP id iA5Hk3cm029513 for ; Fri, 5 Nov 2004 12:46:03 -0500 Received: (from mdom-at-localhost) by www2.mrbrklyn.com (8.12.11/8.12.3/Submit) id iA5Hk37M029512 for hangouts-destenys; Fri, 5 Nov 2004 12:46:03 -0500 X-Authentication-Warning: www2.mrbrklyn.com: mdom set sender to owner-hangouts-at-www2.mrbrklyn.com using -f Received: from mail56.messagelabs.com (mail56.messagelabs.com [193.109.254.67]) by mrbrklyn.com (8.12.11/8.11.2/SuSE Linux 8.11.1-0.5) with SMTP id iA5Hk111029507 for ; Fri, 5 Nov 2004 12:46:02 -0500 X-VirusChecked: Checked X-Env-Sender: EInker-at-gam.com X-Msg-Ref: server-11.tower-56.messagelabs.com!1099676788!39263908!1 X-StarScan-Version: 5.4.2; banners=-,-,- X-Originating-IP: [193.202.231.225] Received: (qmail 15733 invoked from network); 5 Nov 2004 17:46:28 -0000 Received: from unknown (HELO w2gw-ldn02.gam.com) (193.202.231.225) by server-11.tower-56.messagelabs.com with SMTP; 5 Nov 2004 17:46:28 -0000 Received: from ntas-ldn15.gam.com (unverified) by w2gw-ldn02.gam.com (Content Technologies SMTPRS 4.3.12) with ESMTP id for ; Fri, 5 Nov 2004 17:46:27 +0000 Received: by ntas-ldn15.gam.com with Internet Mail Service (5.5.2653.19) id ; Fri, 5 Nov 2004 17:46:27 -0000 Message-ID: <386AEEE1B7BAC34CB4DDF394C2349278D6E7D2-at-w2cs-nyk02.gam.com> From: "Inker, Evan" To: hangout-at-nylxs.com Subject: [hangout] Open-source advocate Chris Stone unexpectedly leaves Novell Date: Fri, 5 Nov 2004 17:45:17 -0000 MIME-Version: 1.0 X-Mailer: Internet Mail Service (5.5.2653.19) Content-Type: multipart/alternative; boundary="----_=_NextPart_001_01C4C35F.36AD1A00" Sender: owner-hangouts-at-mrbrklyn.com Precedence: bulk Reply-To: "Inker, Evan" List: New Yorker GNU Linux Scene Admin: To unsubscribe send unsubscribe name-at-domian.com in the body to hangout-request-at-www2.mrbrklyn.com X-Spam-Checker-Version: SpamAssassin 3.0.0 (2004-09-13) on www2.mrbrklyn.com X-Spam-Status: No, score=-1.6 required=4.0 tests=AWL,BAYES_00,HTML_20_30, HTML_CONVERTED,HTML_MESSAGE,HTML_NONELEMENT_00_10 autolearn=no version=3.0.0 X-Spam-Level: X-Keywords: X-UID: 37309 Status: RO X-Status: A Content-Length: 11751 Lines: 256
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Open-source advocate Chris Stone unexpectedly leaves Novell 'Now is the time in my career to do something else,' he says http://www.computerworld.com/printthis/2004/0,4814,97278,00.html News Story by Todd R. Weiss NOVEMBER 05, 2004 (COMPUTERWORLD) - After helping Novell Inc. reinvigorate itself last year through the endorsement of Linux and the acquisition of vendor SUSE Linux AG, Vice Chairman Chris Stone has left the company.
In a tersely worded announcement yesterday, Waltham, Mass.-based Novell said Stone had "left the company to pursue other opportunities." A Novell spokesman refused to comment further today.
Stone, who was second in command at Novell to Chairman and CEO Jack Messman, was responsible for engineering, product management and alliances. His duties will be taken over by Messman for now, according to the company.
Stone couldn't be reached for comment today.
In a statement issued by Novell, Stone said, "It is with some regret that I have decided to leave Novell and pursue other professional opportunities. I am proud of my work and accomplishments at Novell, but now is the time in my career to do something else, and I look forward to new challenges."
Dion Cornett, a financial analyst at Decatur Jones Equity Partners LLC in Chicago, in an e-mail message today called the departure "a negative for both [Novell] and the industry."
"We believe that Mr. Stone was instrumental in pushing Novell toward a strategy of capturing value from open-source software, as opposed to other members of management maybe more inclined toward giving away Linux to fuel demand for [Novell's] other offerings, such as identity management and directory services," Cornett said. "We believe that the latter is a flawed strategy in that [Novell's] other products will eventually face commoditization as well, and giving away the operating system not only sets a poor business precedent, but may even accelerate the commoditization of products higher in the stack."
Cornett wrote that the $2 million severance package, plus health care, given to Stone "suggests that Mr. Stone was asked to resign." The severance details were unveiled in a filing with the U.S. Securities and Exchange Commission.
Stone joined the company in March 2002 and has been a key leader in moving Novell into the world of open-source software and identity management. He had also worked at Novell previously, joining the company as senior vice president of strategy and corporate development in August 1997 before leaving later for another job (see story).
"We thank Chris for his service to Novell over the past two and one half years," Messman said in a statement. "He made significant contributions to changes in our strategic direction, and his vision and energy will be missed. We wish him well."
Stone was an integral part of Novell's decision a year ago to buy SUSE (see .html> story) as it headed in a new business direction. After years of watching Novell lose market share to Microsoft Corp. and other vendors, many Novell users and industry analysts saw the acquisition as a bold attempt to revitalize its middle-aged NetWare line.
Before acquiring SUSE, Novell also purchased Linux desktop vendor Ximian Inc. as it began building its open-source and Linux holdings (see 6,00.html> story).
**************************************************************************** This message contains confidential information and is intended only for the individual or entity named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. This message is provided for informational purposes and should not be construed as an invitation or offer to buy or sell any securities or related financial instruments. GAM operates in many jurisdictions and is regulated or licensed in those jurisdictions as required. ****************************************************************************
------_=_NextPart_001_01C4C35F.36AD1A00 Content-Type: text/html Content-Transfer-Encoding: quoted-printable
Message
size=3D2>e>Open-source=20 advocate Chris Stone unexpectedly leaves Novell class=3Dnewkicker> 'Now is the time in my career to do something else,' = he=20 says href=3D"http://www.computerworld.com/printthis/2004/0,4814,97278,00.html">h= ttp://www.computerworld.com/printthis/2004/0,4814,97278,00.html<= /DIV> &nbs= p; >News Story=20 by Todd R. Weiss=20
NOVEMBER 05, 2004 href=3D"http://www.computerworld.com/">(COMPUTERWORLD) - After h= elping=20 Novell Inc. reinvigorate itself last year through the endorsement of Linux = and=20 the acquisition of vendor SUSE Linux AG, Vice Chairman Chris Stone has left= the=20 company.=20
In a tersely worded href=3D"http://www.novell.com/news/press/archive/2004/11/pr04074.html"=20 target=3Dnew>announcement yesterday, Waltham, Mass.-based Novell said S= tone=20 had "left the company to pursue other opportunities." A Novell spokesman re= fused=20 to comment further today.=20
Stone, who was second in command at Novell to Chairman and CEO Jack Mess= man,=20 was responsible for engineering, product management and alliances. His duti= es=20 will be taken over by Messman for now, according to the company.=20
Stone couldn't be reached for comment today.=20
In a statement issued by Novell, Stone said, "It is with some regret tha= t I=20 have decided to leave Novell and pursue other professional opportunities. I= am=20 proud of my work and accomplishments at Novell, but now is the time in my c= areer=20 to do something else, and I look forward to new challenges."=20
Dion Cornett, a financial analyst at Decatur Jones Equity Partners LLC i= n=20 Chicago, in an e-mail message today called the departure "a negative for bo= th=20 [Novell] and the industry." =3D3>"We=20 believe that Mr. Stone was instrumental in pushing Novell toward a strategy= of=20 capturing value from open-source software, as opposed to other members of= management maybe more inclined toward giving away Linux to fuel demand for= [Novell's] other offerings, such as identity management and directory serv= ices,"=20 Cornett said. "We believe that the latter is a flawed strategy in that=20 [Novell's] other products will eventually face commoditization as well, and= giving away the operating system not only sets a poor business precedent, = but=20 may even accelerate the commoditization of products higher in the stack."=
Cornett wrote that the $2 million severance package, plus health care, g= iven=20 to Stone "suggests that Mr. Stone was asked to resign." The severance detai= ls=20 were unveiled in a filing with the U.S. Securities and Exchange Commission.= Stone joined the company in March 2002 and has been a key leader in mov= ing=20 Novell into the world of open-source software and identity management. He h= ad=20 also worked at Novell previously, joining the company as senior vice presid= ent=20 of strategy and corporate development in August 1997 before leaving later f= or=20 another job href=3D"http://www.computerworld.com/news/1997/story/0,11280,19873,00.html"= >(see=20 story).=20
"We thank Chris for his service to Novell over the past two and one half= years," Messman said in a statement. "He made significant contributions to= changes in our strategic direction, and his vision and energy will be miss= ed. We=20 wish him well."=20
Stone was an integral part of Novell's decision a year ago to buy SUSE <= A=20 href=3D"http://www.computerworld.com/softwaretopics/os/linux/story/0,10801,= 86829,00.html">(see=20 story) as it headed in a new business direction. After years of watchin= g=20 Novell lose market share to Microsoft Corp. and other vendors, many Novell = users=20 and industry analysts saw the acquisition as a bold attempt to revitalize i= ts=20 middle-aged NetWare line.=20
Before acquiring SUSE, Novell also purchased Linux desktop vendor Ximian= Inc.=20 as it began building its open-source and Linux holdings href=3D"http://www.computerworld.com/networkingtopics/networking/story/0,10= 801,83716,00.html">(see=20 story).
T>
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Please notify the sender immediately by e-mail if you have received
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message which arise as a result of e-mail transmission.
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GAM operates in many jurisdictions and is
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