It's official. Léo Apotheker is out as Hewlett-Packard's chief executive, and former eBay boss and recent California gubernatorial candidate Meg Whitman is in. HP shares lost half their value in a year under Apotheker, who took over after Mark Hurd left under an accounting/sex scandal. HP is right in the middle of a huge change — in August, it announced plans to shut down its mobile phone and tablet operations, and spin off its PC division to focus on business software.
Given the news from Hewlett Packard today about the HP board reportedly firing CEO Leo Apotheker and replacing him with board member (and former eBay CEO) Meg Whitman, I could write a new column or take the easy way out and simply r... Read Post
The former eBay chief executive and failed California gubernatorial candidate will replace Léo Apotheker, who oversaw a stock drop of 47 percent while in charge. [AllThingsD] Read more posts by Joe Coscarelli Read Post