SCO has put out a press release saying that "K. Fred Skousen notified the board of directors that he will not stand for re-election as a director of SCO at its next annual meeting of stockholders, which is currently scheduled for June 28, 2005". Here's the 8K. They say they have two vacancies to fill:
SCO expects to fill Mr. Skousen's vacancy as well as an existing director vacancy with two nominees that have been identified and will stand for election at the next annual meeting. Details on the nominees will be provided in SCO's proxy materials to be distributed to stockholders for that meeting in the coming weeks. Here's the complete press release.
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The SCO Group Announces Changes to Board of Directors
Thursday May 26, 5:00 pm ET
LINDON, Utah, May 26 /PRNewswire-FirstCall/ -- The SCO Group, Inc. (Nasdaq: SCOX -News), the owner of the UNIX® operating system and a leading provider of UNIX-based solutions, today announced that on May 24, 2005 K. Fred Skousen notified the board of directors that he will not stand for re-election as a director of SCO at its next annual meeting of stockholders, which is currently scheduled for June 28, 2005. Mr. Skousen has served as a director since June 2003.
SCO expects to fill Mr. Skousen's vacancy as well as an existing director vacancy with two nominees that have been identified and will stand for election at the next annual meeting. Details on the nominees will be provided in SCO's proxy materials to be distributed to stockholders for that meeting in the coming weeks.
Forward-Looking Statements
This press release contains forward looking statements related to The SCO Group's anticipation that its 2005 annual meeting of stockholders will occur on June 28, 2005, and that it will fill two existing vacancies on its board of directors at that time with nominees that have been identified. SCO wishes to advise readers that a number of important factors could cause actual results to differ materially from those anticipated in such forward-looking statements. These and other factors that could cause actual results to differ materially from those anticipated are discussed in more detail in SCO's filings with the Securities and Exchange Commission.
About SCO
The SCO Group, Inc. (Nasdaq: SCOX - News) helps millions of customers to grow their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide network of thousands of resellers and developers. SCO Global Services provides reliable localized support and services to partners and customers. For more information on SCO products and services, visit www.sco.com.
SCO and the associated SCO logo are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. UNIX is a registered trademark of The Open Group.
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