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Red Hat Co-founder Resigns From Board. 2005-10-20, HostMan.biz Linux distributor Red Hat (redhat.com) said earlier this week that its co-founder Bob Young had resigned from the company's board of directors. Young co-founded Red Hat in 1993 and served as an executive there until 1998, when he became a director. He plans to focus on an independent online publishing marketplace he established in 2002. "In a funny way, my resignation is perhaps the finest compliment I can pay to everyone associated with Red Hat today," says Young. "I have complete confidence in the future of the company."

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