Tech content trusted by users in North America and around the world
6,789 Reviews & Articles | 46,890 News Posts
TRENDING NOW: Xbox Two and PS5 expected in 2018, powered by AMD with 4K support

Meg Whitman becomes HP's new CEO

HP's new CEO is eBay's former CEO, Meg Whitman
| Business, Financial & Legal News | Posted: Sep 23, 2011 3:00 am

Were HP lurking eBay looking for a new CEO? It could be a possibility. Former eBay CEO, Meg Whitman, is now the CEO and President of Hewlett-Packard. Current non-executive, Ray Lane, will become executive chairman. Whitman is a well-known executive, will replace HP's current Leo Apotheker, who was prodded out of the company just recently. Whitman is an experienced digital executive, has a large task ahead of her.




HP wants to re-direct itself after numerous strategic gaffes, disappointing financial results and probably the biggest issue, stock that has dropped 47-percent in 11 months since Apotheker was head of the ship. The board of HP is hoping Whitman can turn this all around, with ever-increasing pressure from the competition.


Check out the official press release from HP.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases