HP just announced Meg Whitman as new CEO. Leo Apotheker is out.
Rumors about Meg Whitman taking over the CEO post of HP appeared yesterday. Now the rumor turned into reality. HP just announced that Meg Whitman will replace Leo Apotheker as CEO of HP. Meg Whitman is most famous for here role as CEO at eBay. In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director promptly. These leadership appointments are effective immediately and follow the decision that Léo Apotheker step down as president and chief executive officer and resign as a director of the company.
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“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP,” said Lane. “We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead. Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and markets.”
Whitman said, “I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”
Whitman has a tough job ahead to get HP sorted out again. Will she revert decision of Leo Apotheker? Will webOS come back? Will HP continue to offer consumer PCs? Whitman comes from a consumer play. It will be interesting to see what she is making out of HP.