Red Hat CFO ‘Dismissed’ From Company

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Red Hat Inc.’s finance chief Eric Shander has been dismissed from the company, forfeiting a $4 million retention award that was agreed to ahead of Red Hat’s acquisition by International Business Machines Corp. The Raleigh, N.C.-based software company confirmed late Thursday that Mr. Shander was no longer working at Red Hat. “Eric was dismissed without pay in connection with Red Hat’s workplace standards,” a company spokeswoman said in a statement. (WSJ)