Novell has hired Thomas Francese as president of its European operations.
Francese, 55, was previously IBM's European vice-president of software. He will report to Ron Hovsepian, Novell president of worldwide field operations, who is reorganising European operations after doing the same in the US.
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Francese replaces Richard Seibt, another former European IBM software executive, who resigned in May.
According to regulatory filings, Francese's will receive a salary of £265,000 for the year and a bonus of between £135,000 and £265,000.
He will also pocket a £180,000 signing-on bonus and a £150,000 allowance to pay for housing, car expenses and the maintenance of his main home in Texas.
These extra benefits come on top of substantial stock options in the company.