The Linux Foundation was created by combining the Open Source Development Labs (OSDL) and the Free Standards Group (FSG) in early 2007.  The Foundation employs Linus Torvalds (creator of the Linux kernel) and is supported by numerous organizations interested in open source adoption.  This article in InfoWorld tells who the new board members are, including Markus Rex of Novell.

You can also read this Tech World News article which describes each of the board members, or you can simply check out the posting on the Linux Foundation’s website.