RALEIGH – Paul Cormier is the new chief executive officer of Red Hat, replacing Jim Whitehurst who is taking over as president if IBM.

Red Hat announced Cormier’s selection on the same day that Ginni Rometty steps down as the top executive at IBM, which acquired Red Hat last year for $34 billion in one of the largest tech mergers ever.

Arvind Krishna replaces Rometty as CEO. In a separate blog post, Krishna spelled out his vision for IBM and reported a number of executive changes.

The promotion obviously means a great deal to Cormier, who previously served as president of Products and Technologies. He’s worked at Red Hat since 2001.

“Every year when I stand up at Red Hat Summit to deliver my keynote and look out at the crowd, it’s the most emotional moment for me. Even after all these years I still get that same wild rush: we built this. We created this unique company that changed the industry,” he wrote in an email to Red Hat employees.

“All that said, future success in technology is not a birthright. As Red Hatters, we know we have to earn it each and every day with our customers. I’m ready to take the next step with you and continue on our journey to being the defining technology company of the 21st century.”

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In the announcement, Cormeir noted:

“When I joined Red Hat, it would have been impossible to predict how Linux and open source would change our world, but they are truly everywhere. The transformations I see happening in our industry are exciting, as they present new challenges and opportunities. The opportunity for Red Hat has never been bigger than it is today and I am honored to lead the company to help our customers solve their challenges and to keep Red Hat at the forefront of innovation.”

Whitehurst had plenty of praise for Cormeir.

“After working with him closely for more than a decade, I can confidently say that Paul was the natural choice to lead Red Hat,” Whitehurst said.

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“Having been the driving force behind Red Hat’s product strategy for nearly two decades, he’s been intimately involved in setting the company’s direction and uniquely understands how to help customers and partners make the most out of their cloud strategy. He is a proven leader and his commitment to open source principles and ways of working will enable Red Hat not only to keep pace with the demands of enterprise IT, but also lead the way as emerging technologies break into the mainstream. It was my honor and privilege to lead a company filled with many of our industry’s best and brightest and I am excited to see what Red Hatters accomplish under Paul’s leadership.”

In th email, Cormeir said the company had to stay united even if working virtually due to the coronavirus.

“We still have a lot to accomplish and together we will,” he said.

“You may have heard me say that for 19 years I’ve had the same job, but that’s not entirely true. The last 19 years have not been a job, they’ve been an adventure! But even more importantly, Red Hat’s journey has been my journey. I’m excited to lead Red Hat in a new capacity and continue the journey.”

Read the full announcement online.

(This story will be updated. Check back shortly for more details.)

Ginni Rometty talks with Jim Whitehurst in 2019. (Image from Red Hat video)