05.05.2008 - Corel Corporation Appoints Kris Hagerman as Interim Chief Executive Officer

Corel Corporation (NASDAQ:CREL) (TSX:CRE) today announced that Kris Hagerman, formerly Group President of Symantec's Data Center Management Group, has been appointed as Corel's interim Chief Executive Officer, effective May 8, 2008. Hagerman's appointment follows Corel's announcement on April 21, 2008, that current CEO David Dobson will be leaving the Company in order to accept a senior executive position at a Fortune 500 company. During the transition period, Dobson will remain a Director on Corel's Board and assist in evaluating the strategic alternatives available to the Company, including the previously announced proposal by Vector Capital. - View Press Release - Visit Corel Corporation