Mark Smedley Named Vice President, Global Financial Services and Insurance Sales
April 30, 2020— Red Hat, Inc., the world’s leading provider of open source solutions, appointed Mark Smedley to VP, Global Financial Services and Insurance Sales.
Smedley comes to Red Hat after a tenured career at Oracle, most recently serving as Global Industry Vice President, Financial Services Solutions. At Red Hat, Smedley will guide the global FSI vertical team, building upon established momentum and solutions. Moving forward, he looks to accelerate execution with field teams in partnership with IBM, and grow the ecosystem of GSI partners, ISVs and influencers.
IBM (NYSE:IBM) and Red Hat recently closed the transaction under which IBM acquired all of the issued and outstanding common shares for $190.00 per share in cash, representing a total equity value of approximately $34 billion. The acquisition redefines the cloud market for business. Red Hat’s open hybrid cloud technologies are now paired with the unmatched scale and depth of IBM’s innovation and industry expertise, and sales leadership in more than 175 countries.
In addition, ON Partners has celebrated Red Hat’s recent action in light of the pandemic. Currently they are taking a number of steps to benefit its customers during the pandemic, including offering flexibility for Training classes and best practices they’ve learned from its own distributed workforce. See more actions here.
ABOUT RED HAT
Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.
ABOUT ON PARTNERS
ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. The firm has been named to the Inc. 500/5000 Lists six times, was named to the Inc. 5000 Hall of Fame in 2018 and is consistently ranked among the top 20 retained executive search firms in the U.S. For more information, see our results here.
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