Corel to Get New CEO

May 6, 2008

David Dobson, Corel’s current CEO, is leaving to take an executive position with a Fortune 500 company. He will remain on the board of directors through June. Kris Hagerman has been named the interim CEO. Hagerman was formerly a group president with Symantec. Hagerman will start on Thursday, May 8.

So what does this all mean? At this point there are no answers. I’m guessing it is related to the stock buyout offer announced in March. If I learn anything new, I’ll keep you updated. As far as the short term, it should have little to no effect on Corel’s products.

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