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SCO Names New CFO

Written By

Published: Apr 26, 2004

Updated: Feb 2, 2021

1 minute read

eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

The SCO Group announced last week that it has hired Bert Young as its new chief financial officer. SCO is not saying whether the move is connected to BayStar Capital Managements attempt to pull its investment in SCO.

On April 15, SCO executives said BayStar Capital was seeking to redeem its 20,000 shares of SCOs series A-1 convertible preferred stock.

BayStar alleges that SCO breached sections of a February financing agreement among SCO, BayStar and the Royal Bank of Canada. BayStar invested $20 million in SCO.

Prior to this move, it was found that Microsoft lobbied BayStar to invest in SCO.

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Steven J. Vaughan-Nichols

I'm editor-at-large for Ziff Davis Enterprise. That's a fancy title that means I write about whatever topic strikes my fancy or needs written about across the Ziff Davis Enterprise family of publications. You'll find most of my stories in Linux-Watch, DesktopLinux and eWEEK. Prior to becoming a technology journalist, I worked at NASA and the Department of Defense on numerous major technological projects.

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SCO Names New CFO

Steven J. Vaughan-Nichols

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