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Novell names Richard L. Crandall as chairman



By AP
15 May 2008 @ 04:25 pm EST

WALTHAM, Mass. - Software company Novell Inc. said Thursday it named Richard L. Crandall as its non-executive chairman, succeeding Thomas G. Plaskett, who has served since 2006.

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Plaskett will continue to serve on Novell's board.

Crandall is a founding managing director of Arbor Partners, a high technology venture capital firm, a position that he has held since 1997.

Novell shares rose 5 cents to close at $6.62.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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