Wednesday, September 21, 2011

hp ceo

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Hewlett-Packard's Board of Directors met on Wednesday to discuss the ouster of CEO Leo Apotheker less than a year after it was introduced to replace the head, then Mark V. Hurd. Hurd was fired on the differences between the signaling costs, and is now co-president of Oracle, HP competitor. Apotheker, who was previously the title of co-CEO of software company SAP has recently been a fire in his decision to kill the division webOS HP, as well as what some critics call his plan the company to use HP hardware in a clone of the PSA.

Several media outlets, including The New York Times and the Wall Street Journal reports that the head of eBay former candidate for governor of California and the current HP board member, Meg Whitman is one of the leading candidates to replace Apotheker. Whitman lost the race Governor Jerry Brown and is now installed as a strategic consultant with heavyweight venture capital firm Kleiner Perkins Caufield & Byers beyond its powers of the board of HP. According to the WSJ, Whitman may not be interested in the job and requests for comments was sent by his camp to HP, which declined comment.

Whitman has 20 years have seen the online auction house eBay-cum-retailer to grow annual revenues from $ 66 million is a staggering $ 7.7 billion, even though he is still remembered as the $ 2.5 billion the company ' acquisition of Skype in 2005. That deal later with the $ 1.4 billion write-downs and was roundly considered a defect. After leaving eBay, Whitman spent a record $ 178.5 million for its candidacy for the highest political office in California.

Although Whitman has no experience in managing a team of business, no growth there is no denial of eBay during his tenure. On the other hand, standing in the company dropped in recent years, industry media and financial wealth is taken as already sending warning signals about the possible resumption of HP bar:

WSJ Shira Ovide Fortune goes further, wondering if HP decided to "Worst Ever Board?"

Mega-body information and their political leaders, despite the HP would be wise to think long and hard for replaceApotheker best choice if, in fact, they are going to play another round of musical chairs and CEO. HP has taken the scandal in recent memory, and shareholders can not be too happy in the acquisition last April of $ 1.2b for Palm to be taken literally went nowhere until the garbage thrown out a couple of weeks ago. HP's stock closed up 6.72% on Wednesday at 23.98/share but is still over 50% of its 52-week peak of 49.39.

Former Hewlett-Packard chief executive officer Carly Fiorina announces to the media her candidacy for U.S. Senate at Earth Friendly Products on November 4, 2009 in Garden Grove, California. Fiorina will face off against Assemblyman Chuck DeVore (R-Irvine) for the Republican nomination and if won, challenge Democratic incumbent Barbara Boxer. Fiorina battled a nine-month bout with breast cancer and lost her hair during chemotherapy treatment.


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