Hovsepian destined for Novell CEO spot

Hovsepian destined for Novell CEO spot 5928931 5890458 5927105

Ron Hovsepian, named Novell president and chief operating officer on Tuesday, likely will replace Jack Messman as chief executive as well, according to a regulatory filing Thursday.

The server software company disclosed that its board amended the agreement that defines Hovsepian's severance benefits. The change describes what happens "the event that Mr. Hovsepian does not succeed Jack L. Messman as the chief executive officer of Novell."

Novell announced a major restructuring Wednesday, cutting 600 jobs and likely shedding at least 400 more by divesting itself of its Celerant consulting division.

 

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