Eric Shander has been dismissed as Red Hat CFO without paying the $ 4 million bonus set before IBM acquired Red Hat. The decision was made by the board of directors of Red Hat and approved by IBM. As a reason for dismissal without appropraite payments, a violation of Red Hat's operating standards is mentioned. The spokesman refused to provide more information about the reasons for the dismissal, but explained that the accounting and financial statements of the company are in good order.
Eric was hired by Red Hat in 2015, initially serving as acting financial director, and in 2017 was approved as permanent financial director. Prior to joining Red Hat, Eric Chander held various financial positions at IBM and Lenovo.