Red Hat Appoints Narendra Gupta As Chairman

(RTTNews) - Red Hat Inc.(RHT) said that it appointed Narendra Gupta as chairman of the board. Gupta, a member of Red Hat's board since 2005 and a member of the board's compensation committee, succeeds retired U.S. Army Gen. H. Hugh Shelton, who recently retired from the board after serving as chairman since 2010.

Gupta, who has served on Red Hat's board of directors since 2005, is a technology industry veteran with more than 40 years' experience. In 2006, he co-founded Nexus Venture Partners, a leading venture capital fund, and he currently serves as the firm's managing director.

Gupta co-founded Integrated Systems Inc. in 1980 to develop products for embedded software development. He served as ISI's president and CEO from founding until 1994 and as chairman until 2000 when ISI merged with Wind River Systems, Inc., a provider of device software optimization solutions. Gupta served as Wind River's vice chairman from 2000 until its acquisition by Intel in 2009. He currently serves on the board of trustees of the California Institute of Technology, the advisory board of Asia Society Northern California, and on the boards of several privately held companies.