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Whitman says HP '100 percent committed' to Autonomy products

James Niccolai | Nov. 22, 2012
Hewlett-Packard CEO Meg Whitman has moved to reassure customers that the future of its Autonomy product line is safe, a day after HP disclosed an alleged accounting scandal at the company it acquired last year.

Another customer asked about HP's plans to "right its ship."

"I've already made some big changes," Whitman said. "Mike Lynch and his entire senior management team is gone," she said, referring to Autonomy's former CEO. He was asked to leave HP earlier this year after "substantially missing his numbers," Whitman said.

Another customer wanted to know if the problems with Autonomy stemmed from a "failure of due diligence."

"I don't think so," Whitman replied. The purchase was overseen by HP 's previous management, she said -- though she acknowledged being on HP's board at the time and voting for the transaction. The auditing was handled by Deloitte, she said, "not exactly a Brand X auditor."

 

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