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HP: Whitman in, Apotheker out today, reports say

Michael Cooney | Sept. 22, 2011
If the reports are true, former eBay head and failed California governor candidate Meg Whitman will become the CEO of HP by the end of the day and current chief, Leo Apotheker will be looking for a job.

Was Apotheker doomed from the start?

Indeed Whitman faces no easy task should she become HP chief.

From Bloomberg/Businessweek: Whitman, who joined Hewlett-Packard's board in January after a failed bid to become California's governor last year, had a mixed record at EBay. CEO for a decade, she took the company public and pioneered e-commerce for small businesses. Yet in the final years of her tenure, she couldn't halt a slowdown in sales growth and overpaid for Skype Technologies SA after a bidding war with Google Inc. and Yahoo! Inc. Her lack of experience in computing for large companies may mean she doesn't stay in the role for long, said Jayson Noland, an analyst at Robert W. Baird & Co. in San Francisco. "She's on the board and is a logical interim CEO, but not a logical long-term CEO," said Noland. "She doesn't have enterprise experience."


 

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