Former eBay CEO Meg Whitman Named CEO of H-P

@https://twitter.com/candicelanier

Candice writes for several publications, including The Christian Post, Red State, The Black Sphere and Patriot Update. She is the Science & Tech Editor at the Minority Report Blog and the founder and Editor-in-Chief at Front Lines. She's also the founder of Candice Lanier's Tech News and works as a computer consultant. Additionally, Candice is an antiques dealer.

Hewlett-Packard (HPQ: 22.80, -1.18, -4.92%) on Thursday named former eBay (EBAY: 31.67, -0.57, -1.77%) CEO and California gubernatorial candidate Meg Whitman as its new president and chief executive.

H-P also said Ray Lane has moved from non-executive chairman to executive chairman of the board, and the board will appoint a lead independent director shortly.

“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.”

Whitman, 55, who took over eBay in 1998 when it was a fledgling Internet auction site and successfully guided it through its phenomenal growth phase, replaces Leo Apotheker, who was appointed to the CEO post less than a year ago.

Apotheker has been under the microscope for months as H-P’s stock has plunged under his stewardship and analysts have questioned whether he has a viable long-term strategy for the iconic Silicon Valley computer maker.           More

wordpress visitor counter

More in

14-1218 - Transparency

IRS Watchdog Continues to Hide Records on White House Leaks

Michael BeckerDec 18, 2014
14-1218 - Hands Up

The “Hands Up Don’t Shoot” Movement Needs to Cause Trouble

Michael BeckerDec 18, 2014
124

Economic Freedom Gains in Michigan – Economic Freedom Gains in Michigan But the risk of backsliding remains

Candice LanierDec 18, 2014
Thumbnail for 130965

US Seizes $1.1 Million in Texas from Mexican Official in Corruption Probe

tmradminDec 17, 2014
Thumbnail for 130959

Rubio: Obama Attempts to ‘Appease Rogue Regimes At All Costs’

tmradminDec 17, 2014

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States.

On this site you'll find posts & links to some of the best and most comprehensive center-right news and opinion on the net...

September 2011
M T W T F S S
« Aug   Oct »
 1234
567891011
12131415161718
19202122232425
2627282930  

Archives

Copyright © 2014 The Minority Report Network