Ed Iacobucci announced on February 27 that he will not be standing for reelection for the SCO Board of Directors. He cites his other obligations, including those he has at DayJet, of which he is President and CEO, as the reason for which he must leave. Iacobucci has been on the Board of Directors since January 2000 and will discontinue his service on April 26, 2007.
His resignation comes in the middle of a lawsuit with IBM over copyright infringement. Iacobucci says that he appreciates the time he had with SCO on the Board of Directors and that he has "always felt strongly that the future health of our commercial software industry lies in its ability to protect the value of the intellectual property it develops -- I continue to value the importance of SCO's strategy and business direction and wish them success in the future."
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