Meg Whitman Named as HP's New CEOby Andrew Cunningham on September 22, 2011 5:00 PM EST
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HP announced today that Meg Whitman would be taking over as CEO, replacing outgoing CEO Leo Apotheker after less than a year on the job. According to the New York Times, Whitman is not expected to reverse course on several of her predecessor's most contentious decisions, including the unceremonious dumping of WebOS hardware last month and its willingness to sell or spin off its PC business.
Whitman, who served as CEO of eBay from 1998 to 2008, also ran for governor of California in the state's last election.
Source: New York Times
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jsbruner - Thursday, September 22, 2011 - linkI just don't see how this improves the situation. She doesn't have any more hardware experience than Leo and has a questionable past as well. It's time for the whole board to go.
Andrew.a.cunningham - Thursday, September 22, 2011 - linkCan't say I disagree.
xype - Friday, September 23, 2011 - linkThe funniest thing is that it looks like an old boys club where people keep shuffling seats and taking home millions and noone actually gives a damn about the company.
And it’s not even as if it’s that complicated a concept: the people who _understand_ the company, its products and its customers are the ones who have to be at the helm, the number pushers are the ones who need to take care of operations.
But yeah, I’m sure Meg Whitman has been in talks with people all over HP to filter out good ideas to put into productions, focus on products with potential and know where to reorganize to make HP leaner and more effective. So all will be well! \o/
jogiba - Saturday, September 24, 2011 - linkCarly Fiorina clone ?
anandfan - Thursday, September 22, 2011 - linkThe board just doesn't learn. I suppose after spending $10 billion on Autonomy they feel compelled to pursue that folly to its bitter end. HP has been such a tech giant in the past,it's sad to see them stumbling into oblivion.
Omid.M - Thursday, September 22, 2011 - link34 years with HP. Understands the culture and hardware pedigree of the company. Bring him back!
Not my original idea, by the way; I read it as a comment somewhere and then looked into it. I completely agree: bring on Webb McKinney. Dude would be perfect for HP right now.
Anand? Andrew? What do you guys think?
Iketh - Thursday, September 22, 2011 - linkAnand for HP CEO!!!!!
Taft12 - Thursday, September 22, 2011 - linkRahul Sood?
Andrew.a.cunningham - Friday, September 23, 2011 - linkThe problem when they hired Leo was that a lot of people they called for the job didn't want it, and I'm sure that's no different (maybe even worse, given the board's propensity for firing CEOs) now - not saying that happened with Webb McKinney, but HP probably doesn't have its pick of candidates at this point.
Brutus1234 - Thursday, September 22, 2011 - linkIsn't Meg Whitman the person who paid nearly 3.1 billion dollars for Skype while at Ebay and then write down 1 Billion of that investment until they sold it, only to see it get sold for 8.5billion 2 years later.
I think you could have put a cactus in the CEO chair at Ebay and it would have done well. Right place right time. The one significant deal she made doesn't bode well for HP.