| SCO reorganization plan includes new CEO, board |
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The SCO Group Inc.'s plan to emerge from bankruptcy calls for Darl McBride to step down as chief executive officer, and a new board of directors will be named.
The change in management was among elements in a 69-page reorganization plan filed Friday with the U.S. Bankruptcy Court in Delaware. The plan calls for McBride to be replaced by a new CEO to be named by the Lindon-based company's board of directors when the plan becomes effective. The plan also contains provisions to pay creditors' claims.
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