Hovsepian heir apparent at Novell
Ron Hovsepian, promoted to president and chief operating officer of Novell on Tuesday, is likely to replace Jack Messman as chief executive as well, according to a regulatory filing published on Thursday.
The server software company revealed the information in a disclosure that its board on Monday amended the agreement that defines Hovsepian's severance benefits. The change describes new benefits he'll receive "in the event that Mr. Hovsepian does not succeed Jack L. Messman as the chief executive officer of Novell" and in the event that he resigns within a year of when Messman ceases to be CEO.
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