Meg Whitman Named HP CEO

[tinrobot]

Source: Huffington Post

Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman as its new president and CEO, replacing unpopular leader Leo Apotheker at the helm of the largest U.S. technology company.

The move, effective immediately, confirmed earlier reports on the impending change.

"We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead,'' said Ray Lane, who has moved from non-executive chairman to executive chairman of HP's board.

Referring to Apotheker, Lane said the board believes "the job of the HP CEO now requires additional attributes.''

Read more: http://www.huffingtonpost.com/2011/09/22/meg-whitman-hp-ceo_n_976597.html

[valerief]

1. Shit keeps rising to the top. nt

[rurallib]

2. boy - they can sure pick 'em.

[rdking647]

3. worst corporate board in history

they hired the last guy without even talking to him...

[hobbit709]

4. so she's going to finish the job Carly started.

[left on green only]

28. I wonder if Carly will give Meg any tips on how she should wear her hair?

I well remember how she expounded on the inappropriateness of Dianne Feinstein's hair that time during her campaign when she thought that the cameras were turned off. I think, "so yesterday" were the words that she used (As if a big ball of cropped barbed wire was the 'in' beauty look of today). Can you imagine the huge egos they both must have? I am sure they will fair equally as well at the helm of a company like HP. Only time will tell if the wisdom of the board will shine through again in their latest selection.

[Liberal Veteran]

5. Holy Phuck!

:P

[CurtEastPoint]

6. I just sent an email to their Investor Relations to the effect...

that HP is no longer being considered by me from now on and I used to have 3 of their PC's.

Write them: http://www8.hp.com/us/en/contact-hp/email_3.html

[PatGund]

7. Oh joy

Fiorina v2.0

[Cool Logic]

8. Well, she grew Ebay from a $4 million/yr to a $8 billion/yr company in ten years...

She is a top notch executive and that is precisely what HP needs right now.

[LiberalFighter]

9. What will be the cost?

[Cool Logic]

20. A lot...

[Major Hogwash]

16. She had nothing to do with it, the rise of the WWW did that all by its lonesome.

They could have had a dead pig for a CEO at eBay and eBay would've grown that big all on its own.
Because eBay was the first of its kind on the WorldWideWeb.
Several books on the subject have all concluded that.

[Cool Logic]

21. That dead pig of yours must have been with AOL...

who also realized enormous growth with the WWW.

Your ideology is blocking your vision, for she has received numerous awards and accolades for her work at eBay. Fortune Magazine, the Harvard Business Review, and the Financial Times are among those judged her as one of the top five executives of the decade.

Evidently, she didn't believe in the glass ceiling theory and since she couldn't see it, she was able to discover that it did not exist.

[brentspeak]

17. So will this "top notch executive" grow HP by raising HP products' prices through the roof?

The way she "grew" eBay merely by extracting fees from eBay sellers by raising their seller fees at least six separate times?

[Cool Logic]

22. If she does that, she will fail...

Prices are market driven...creativity and innovation is what moves a business forward.

[denem]

10. CNN asks the question "Is HP's board the worst ever?"

Answer : Carly halved HP's market cap, Meg will finish off the other half. IMO

http://money.cnn.com/2011/09/22/technology/hp_board/

[denem]

11. DU question : Do you hate Apple more than Carly and Meg?

So you hold a candle for totally foreign owned operations like Leveno, Acer and Samsung

Wintel is cheaper.

[Psephos]

27. Actually, that's Lenovo...

...and the three you mentioned sell WinTel platforms.

Technicalities aside, your main point is worthwhile. :)

[SoapBox]

12. Get ready to get raped HP...NutMeg is gonna ship off your jobs and line her pockets!

...she's scum.

[harun]

31. +1

[onehandle]

13. Lotsa luck, Republican. HP is bad, bad shape. nt

[JJW]

14. Sh*t happens

RIP HP

[Major Hogwash]

15. The dismantling of HP continues.

India is happy though, they will get an additional 10,000 HP workers.

[blkmusclmachine]

18. How "refreshing:"

:puke:

[KoKo]

19. Don't buy HP Products ever again. She will drive it into the garbage heap...

:puke:

[Thor_MN]

23. So that's what happened to the stock market today.

[diane in sf]

24. I'd short HP stock, if I owned any...

[Odin2005]

25. Big Bidness is a big club, and we ain't invited.

[eppur_se_muova]

26. Their way of saying "Hey, you think the *last* guy was unpopular ..."

HP stock already dropped -- no one could have anticipated that --

[dgibby]

29. Looks like I've bought my last HP product.

Sure glad I don't own any stock in the company.

[bemildred]

30. Yep, the writing is on the wall. nt

[alfredo]

32. Looks like a suicide pact.

I'd hate to see it because HP has put out some very good products.