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HP May Oust CEO

Sep 21, 2011, 10:38 AM by Eric M. Zeman

According to sources cited by Bloomberg, HP's board of directors is considering plans to rid itself of Chief Executive Officer Leo Apotheker, who's helmed the company for less than a year, and replace him with former eBay CEO Meg Whitman. HP has had a tumultuous year under Apotheker's leadership, and recently killed off its smartphone and tablet businesses. HP also recently announced plans to sell off its PC/hardware business and focus more on software and services, similar to IBM. HP's strategic changes have been met with investor ire. It is unclear if any of HP's recent strategic decisions might be reversed under new leadership. HP this week began the process of laying off more than 500 former Palm employees as it winds down the webOS business unit.

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Comments

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This forum is closed.

landmarkcm

Sep 21, 2011, 12:32 PM

Good riddence now please show support.

"IF" you like this thanks! https://www.facebook.com/#!/pages/Campaign-to -urge-HTC-to-buy-webOS-from-hp/27567645912864 8

DMZ

How about showing support for a product who's warranty expired? Once your HP product goes out of warranty, you can no longer chat nor even email them a question without being charged a fee.

This is BAD BUSINESS, the kind that'll make me shy...
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Slammer

Sep 21, 2011, 11:14 AM

WebOS

The decision to prematurely dump WebOS, was a huge mistake. This platform is worthy of so much. HP had a chance to propel WebOS into a viable position for developers and place it as the top OS in the world. I banked that with HP being the largest PC maker in the world, would've brought out the full potential in WebOS in marketing, sales and operational characteristics of what it had to offer.

I'm embarrassed for this company and feel getting rid of this CEO, is the only smart move they've made this year.

John B.

Dreyfous23

John B. I felt the same way but I also feared that HP was just buying a competitor to just get them out of the way with the way the handle this entire mess.

Jayshmay

Meg Whitman is a good CEO, she did a good job with ebay.

landmarkcm

Very Well said.

tacmus

my exact thoughts 🙂

iDont Care

No one wants it. It's not the hardware. NO ONE CARES. There just wasn't enough room in an already crowded market to compete. What is it that you people can't comprehend??? Sprint and Palm. Two loser companies put together don't make a win. You have un...
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jeffdws

Sep 21, 2011, 2:31 PM

As little as I care for WebOS...

I'm still glad to see this "Apothecary" guy stripped of power. He has taken a once proud brand name and virtually made it a PR circus. His decision to dump WebOS was a bit shortsighted as it's actually a pretty decent OS on tablets. It could be great if it had more support from app developers.

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