Linux vs Windows - Conquering a Windows Based World

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Sweden’s Largest State Pharmacy Switches to Linux HP Increasing Linux Offerings
Sep 20

SCO Gives Bonuses, Then Declares Bankruptcy

Business, Linux Wins Add comments

Drive a company into bankruptcy, get a bonus! Can’t say that I’m that surprised given their track record.  Pamela Jones at groklaw.net goes into a lot of detail. SCO 8-k filing is also here on yahoo.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 13, 2007, the Board of Directors (the “Board”) of The SCO Group, Inc. (the “Company”), approved an increase in the base salary of Ryan E. Tibbitts. Mr. Tibbitts’ base salary will be increased from $160,000 per year to $210,000 per year, effective as of September 3, 2007. In recognition of the significant contributions Mr. Tibbitts has made to the Company, the Board also approved a discretionary bonus of $50,000, net of taxes, to be paid to Mr. Tibbitts.

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