Meg Whitman's primary job as Hewlett-Packard Co.'s new CEO will be to restore a sense of direction at a company that has lost its way after a decade of leadership lapses and disjointed deal-making.
Hewlett-Packard Co.'s stock sank Friday to its lowest level in six years, as investors worried that new CEO Meg Whitman isn't the right person to turn the company's fortunes around.
Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, forcing aside Leo Apotheker after just 11 months on the job.
Hewlett-Packard Co.'s decision to fire CEO Leo Apotheker after just 11 months and replace him with former eBay chief Meg Whitman is another dizzying turn of the executive merry-go-round at a company whose leadership issues are straining a sprawling technology empire.
The number of people applying for unemployment benefits fell last week, though the decline isn't enough to signal improvement in the job market.
Hewlett-Packard has named Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, pushing aside Leo Apotheker after just 11 months on the job.
Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, according to published reports.
After a leaked memo from the CEO Leo Apotheker warned of a rough path ahead, Hewlett-Packard Co. cut its full-year outlook Tuesday, citing a trifecta of woes that include the earthquake in Japan, soft PC sales and weakening performance in its crucial tech services business.
Two big questions surrounding the first few weeks of Leo Apotheker's time as Hewlett-Packard Co.'s new CEO were answered Monday, when the company reported its fiscal fourth-quarter earnings.
