Red Hat Appoints Two New Financial Executives

Redhat announced the promotion of Mark E. Cook to Vice President, Finance and Controller and the appointment of Paul Argiry as Vice President and Treasurer. Both will report to Executive Vice President and Chief Financial Officer, Charlie Peters.

With over 30 years of financial experience, Cook joined Red Hat as Treasurer in November 2004 and later was promoted to Vice President and Treasurer. Prior to joining Red Hat, Cook served as Director of Finance at Cluett American Corp., with responsibilities for treasury and other financial functions. Cook served as Treasurer of the multi-national textile company, Guilford Mills, Inc. Previously, Cook also held a number of financial positions at Worthington Industries, Inc., Blount International, Inc. and RJR Nabisco, Inc.

Argiry brings over 15 years of diversified financial experience including public accounting, mergers and acquisitions, corporate finance and treasury. He is now responsible for leading Red Hat's treasury function, including corporate treasury, payroll, credit and collections and facilities. Prior to this role, Argiry was the Senior Director of Corporate Finance and Treasury at Jabil Circuit, Inc., a NYSE-listed electronic manufacturing services company based in St. Petersburg, Florida. Argiry also served as Director of Finance for Mergers and Acquisitions at Jabil and worked in the audit division and transaction services group with Price Waterhouse Coopers.

We are pleased to have the talents of Mark Cook and Paul Argiry in these very important positions for our Company, said Charlie Peters, Executive Vice President and Chief Financial Officer of Red Hat. We are confident that both bring strong experience to our finance organization and will reinforce the financial disciplines and strategies already in place.

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