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To read comments to this article, go here
Gupta resigns! Hunsaker Pres. & COO of SCO Operations
Tuesday, December 18 2007 @ 04:25 PM EST

I bet you didn't expect this. I certainly didn't. But Sandeep Gupta has resigned, according to a just-filed SCO 8K, and Jeff Hunsaker is now President and COO of SCO Operations as of December 18. It seems he will be tasked with driving SCO's UNIX and mobile businesses forward.

What? Gupta doesn't want to attend the funeral?

It is just conceivable that SCO's businesses won't surge forward, of course, particularly in light of SCO's clear indication that it wants to sell off pretty much all its UNIX assets, so SCO adds this to the press release:

These statements are based on management's current expectations and are subject to risks and uncertainties. We wish to advise readers that a number of important factors could cause actual results to differ materially from historical results or those anticipated in such forward-looking statements. These factors include, but are not limited to the outcome and development of our Chapter 11 case, court rulings in our bankruptcy proceedings, the impact of the bankruptcy proceedings or other pending litigation, our cash balances and available cash, continued competitive pressure on the Company's operating system products, which could impact the Company's results of operations, adverse developments in and increased or unforeseen legal costs related to the Company's litigation, the inability to devote sufficient resources to the development and marketing of the Company's products, including the UNIX and mobile services and development platform, and the possibility that companies with whom the Company has formed partnerships will decide to terminate their relationship to the company, or reduce customers and resources devoted to, their partnership with the Company.

They also don't list who owns the UNIX and UnixWare trademarks.

Here's the 8K, followed by the press release:

***************************

Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Jeff F. Hunsaker

On December 18, 2007, The SCO Group, Inc. (the "Company") appointed Mr. Jeff F. Hunsaker as President and Chief Operating Officer of SCO Operations, effective December 18, 2007. Previous to this promotion, Mr. Hunsaker, 42, was the General Manager and Sr. Vice-President of Me Inc., the mobile business unit of the Company. Prior to this role and during the past seven years, Mr. Hunsaker has served as Sr. Vice President of Worldwide Sales, Sr. Vice President of Worldwide Marketing and Sr. Vice President/General Manager of the UNIX division at the Company. Prior to joining the Company in 2000, Mr. Hunsaker worked for several high-tech companies in the capacity of a sales or marketing role. These companies include Baan Corporation, Corel Corporation, Novell Inc., and WordPerfect Corporation. Mr. Hunsaker holds a B.A. degree in Business Finance from Utah State University.

As a result of this promotion, Mr. Hunsaker's base salary was increased from $160,000 per year to $210,000 per year, subject to approval by the United States Bankruptcy Court.

Biographical and other important information with respect to Mr. Hunsaker is contained in the Company's proxy statement for the 2007 annual meeting of stockholders and such information is incorporated by reference herein.

Resignation of Sandeep Gupta

On December 12, 2007, Sandeep Gupta, former President, SCO Operations announced his resignation. Mr. Gupta will remain with the Company until January 4, 2008.

*****************************************

The SCO Group Appoints Jeff Hunsaker as President and Chief Operating Officer, SCO Operations

Hunsaker's Strong Expertise with UNIX and Mobile Platforms to Drive Business Forward

LINDON, Utah, Dec. 18 /PRNewswire-FirstCall/ -- The SCO Group, Inc. ("SCO") , a leading provider of UNIX software technology and mobile services, today announced the appointment of Jeff Hunsaker to President and Chief Operating Officer of SCO Operations, effective immediately. Mr. Hunsaker will report directly to Darl McBride, President and CEO of The SCO Group.

"For the past two years, Jeff has spearheaded the mobile business unit at SCO bringing a number of exciting mobile products to market." said Darl McBride, CEO of The SCO Group. "He has also spent several years running our UNIX operations and worldwide sales organization, which gives him a unique blend of expertise with our core UNIX business and our growing mobile operations. His results-driven leadership style, combined with his strong emphasis on customer service, will prove invaluable in the growth of SCO's next-level business."

Previously, Mr. Hunsaker was the General Manager and Senior Vice-President of SCO's mobile business. Before that, Mr. Hunsaker spent over 7 years in SCO's UNIX business, serving as Senior Vice-President of worldwide sales, Senior Vice-President of worldwide marketing and Senior Vice-President/General Manager of the UNIX division. Prior to joining the Company in 2000, Mr. Hunsaker worked for several high-tech companies, including Baan Corporation, Corel Corporation, Novell Inc., and WordPerfect Corporation.

"We are at a crossroads for the company and I am pleased to work with Darl and the management team to drive our UNIX and mobile businesses forward," said Jeff Hunsaker, President and Chief Operating Officer of SCO Operations. "SCO has a strong history of providing unparalleled stability and reliability with its UNIX platform of products. We will continue to provide UNIX upgrades to the market by listening to the needs and requirements of our customers; we will also continue to develop innovative mobile applications for consumers and business professionals alike."

Sandy Gupta, former president of SCO Operations, has left the company to pursue other opportunities. The company thanks Mr. Gupta for his many contributions and years of service with SCO.

About SCO

The SCO Group is a leading provider of UNIX software technology and mobile services. SCO offers UnixWare for enterprise applications and SCO OpenServer for small to medium businesses. SCO's highly innovative and reliable solutions help customers grow their businesses everyday, especially into the emerging mobile market. SCO owns the core UNIX operating system, originally developed by AT&T/Bell Labs and is the exclusive licensor to UNIX-based system software providers. The Me Inc., product line focuses on creating mobile platforms, services and solutions for businesses and enhances the productivity of mobile workers.

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 logos are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries.

Forward Looking Statements

The statements contained in this press release relating to (i) our Products and Services Group, (ii) our product lines and assurances that we provide our customers, (iii) our commitment to upgrading our UNIX product lines, and (iv) our goal with the Intellectual Property Group are forward-looking statements and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. We wish to advise readers that a number of important factors could cause actual results to differ materially from historical results or those anticipated in such forward-looking statements. These factors include, but are not limited to the outcome and development of our Chapter 11 case, court rulings in our bankruptcy proceedings, the impact of the bankruptcy proceedings or other pending litigation, our cash balances and available cash, continued competitive pressure on the Company's operating system products, which could impact the Company's results of operations, adverse developments in and increased or unforeseen legal costs related to the Company's litigation, the inability to devote sufficient resources to the development and marketing of the Company's products, including the UNIX and mobile services and development platform, and the possibility that companies with whom the Company has formed partnerships will decide to terminate their relationship to the company, or reduce customers and resources devoted to, their partnership with the Company. These and other factors that could cause actual results to differ materially from those anticipated are discussed in more detail in the Company's periodic and current filings with the Securities and Exchange Commission, including the Company's Form 10-K for the fiscal year ended October 31, 2006 and Form 10-Q for the fiscal quarters ended January 31, 2007, April 30, 2007 and July 31, 2007, and future filings with the SEC. These forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date.


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