Philip Rosedale Gets a New Life in Second Life

Wow:

Linden Lab Chief Executive Philip Rosedale said on Friday the company he founded has begun a search for a new CEO with more operational and management expertise.

Rosedale will become chairman of the Linden Lab board when his successor is found, replacing Mitch Kapor, who will remain a board member and the company’s largest investor. Rosedale said he will also keep a full-time role at the company working on product development and strategy.

“This is my life’s work,” he told Reuters in an interview. “I’m not going anywhere, and I’m still full-time on this, probably for the rest of my life.”

Second Life’s growth has slowed after a period of rapid expansion. Rosedale’s replacement will face the difficult task of regaining that momentum, working within Linden Lab’s idiosyncratic corporate culture and winning over Second Life’s impassioned users.

Presumably it's the slower growth that has encouraged Rosedale to make this move in the hope that fresh blood can get things moving again.

So Farewell, Then, Matthew Szulik

The announcement that Red Hat's CEO and President, Matthew Szulik, is moving on (back?) to become its Chairman, is obviously pretty big news, since Szulik has led the company for nearly a decade, a long time in the still-young open source world. His valedictory message is well worth a read; I particularly liked the following section:

My early days at Red Hat were sitting in small office with no door in Durham, NC, across from the free soda machine. People by the hour would stop and punch their selection for Mountain Dew or Coke. My challenge was that I was tasked to go and raise venture money for this free software company. And over the phone, in the middle of my sales pitch, corporate types at Dell, IBM and HP and others would hear the constant banging of soda cans dropping in the soda machine and would ask if there were fights going on outside my office. So, after a while, I told the prospective investors that YES there were fights going on. And yes, these fights happened frequently. It’s how people at Red Hat settled technical issues likes software bugs and features in new releases. Red Hat was a real tough place to work. Dell, HP and IBM became investors because they liked the fighting spirit of Red Hat.

Says it all, really.