LT Panel
RT Panel
Thursday | July 20, 2017
Popular Review Links:
HP replaces its chief executive

HP replaces its chief executive

Leo Apotheker has been replaced as chief executive of Hewlett-Packard by Meg Whitman, the former head of eBay.

Mr Apotheker was in the job less than a year, but had overseen a collapse in the share price and a fall in sales.

Dissertation Aquinas Priesthood Catholic Summa Doctoral Ms Whitman, who once ran for governor of California, resigned from eBay in 2008 and is credited with building it into a global force.

http://www.kusanairobi.org/short-story-essay/ Short Story Essay HP announced the departure after a board meeting, but there had been speculation for days about his future.

In a statement, Ray Lane, who was named executive chairman, said: “We are fortunate to have someone of Meg Whitman’s calibre and experience to step up to lead HP.

“We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead.”

Ms Whitman, who had been a member of the HP board since January, said in a statement: “I am honoured and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

It is the second time in two years Mr Apotheker has been forced out of a top job. He stood down from German business software maker SAP last year, after less than a year as chief executive.

He took over HP after the departure of former boss Mark Hurd, who quit after a sexual harassment investigation.

Pay Someone To Do Your Assignment The new chief replaced a third of the HP board, brought in Ms Whitman, announced plans to sell the personal computer division – the world’s largest – and bought UK software maker Autonomy for £7.1bn ($11.7bn).

But his strategy has failed to impress investors. HP’s shares have fallen 45.4% this year, making it one of the worst performers in the Dow Jones index of leading US companies.

Phd Thesis Terminology HP’s shares closed down 4.8% at $22.80 on Thursday.

About Author

MIG-31

It appears you have AdBlocking activated

Unfortunately AdBlockers interfere with the shopping cart process

Cheap Assignment Help Australia To continue with the payment process can we ask you to

Safe Assign For Students deactivate your AdBlocking plugin

or to whitelist this site. Then refresh the page

Sapling Chemistry Homework We thank you for your understanding


Hardwareheaven respect you right to employ plugins such as AdBlocker.
We would however ask you to consider whitelisting this site
We do not allow intrusive advertising and all our sponsors supply items
relevant to the content on the site.

Hardwareheaven Webmaster