Press "Enter" to skip to content

Posts tagged as “apotheker”

HP Board Misses One Shot Opportunity

HP’s Board of Directors could’ve solved a lot of their problems with the single action of replacing failed CEO Léo Apotheker with a competent executive capable of managing a diversified (some would say bloated) giant like HP. The CEO job would not be a position to fill with haste, which the board seems to have done.

HP Welcome Sign outside corporate headquarters.Sure, Meg Whitman is something of a minor CEO rock star insofar as her name has a brand recognition. That brand is connected to her performance leading eBay to über success and to a failed bid to become California’s governor. As has been pointed-out countless times since Thursday, when when she was hired as HP’s latest CEO, however, eBay is not a technology company but is an auction house that happens to reside in cyberspace. As for her venture into West Coast politics – does blowing $144 million of her own money (and an additional $34 million of other people’s money) in a failed election bid instill confidence in her ability to make sound decisions?

No Brass Ring on HP’s CEO Carousel

Since September 18th I’ve been saying that Hewlett-Packard needed to get rid of Léo Apotheker sooner rather than later. Well, the deed’s been done and Apotheker’s been shown the door. The trouble is, HP’s board doesn’t seem to have learned their lesson. They’re replacing him with former eBay CEO and would be California governor Meg Whitman, who might even be less qualified than Apotheker to run the ailing tech giant. The announcement of the switch came early this evening, pretty much timed to coincide with the closing of the stock market.

Apotheker’s Troubled Tenure

Léo Apotheker
It wasn’t obvious that Léo Apotheker was a good choice to replace Mark Hurd in the catbird seat at HP last September when it happened, and it has never been obvious since. In fact, it’s never even been obvious that Mr. Hurd’s resignation should’ve been forced to begin with, as the cloud over his head, a charge of sexual harassment, was evidently short on substance. HP’s board, evidently after blood, ignored the fact the he’d put the company on a sound financial footing and had charted a reasonable course for the company to follow, a course that left room for expansion into other areas.

None of this mattered, according to James B.Steward writing in The New York Times, for the bigwigs at HP thought the company to big to fail:

Christine Hall

Christine Hall has been a journalist since 1971. In 2001, she began writing a weekly consumer computer column and started covering Linux and FOSS in 2002 after making the switch to GNU/Linux. Follow her on Twitter: @BrideOfLinux

Top 10 Announcements to Expect from HP CEO Leo Apotheker

It’s Thursday – time for another Top 10 list.

When we came up with the idea for this weekly tongue-in-cheek look at the tech world, we were afraid we’d have trouble keeping to topical subjects. Well, that hasn’t been a problem this week, as the movers and shakers of the tech world have given us enough ammunition to keep the Top 10 list going for months to come. However, one incident seemed to be particularly appropriate for us to put in the sites of our humor guns, and that was HP CEO Leo Apotheker’s wacky announcement last week that he was throwing out the baby with the wash to rebuild HP in IBM’s image, acting under the old adage that the best way to separate yourself from the crowd is to be like someone else.

This move was so brazenly weird that we decided we’re going to hear even more wild and crazy announcements from HP in the near future, so we put our brains into overtime figuring out what we might expect. Here it is, the top 10 announcements to expect from HP CEO Leo Apotheker…

  1. “Now that we’re getting out of the consumer computer business, we’re going to be offering our remaining stock of desktops for $99 at Best Buy.”
  2. “We’re now pursuing licensing WebOS to be used to power kitchen timers.”
  3. “HP is aggressively seeking more companies to purchase for too much money and then shut down without monetizing their assets in any way.”
  4. “HP will be suing Red Hat, SUSE and Ubuntu because we just discovered WebOS code in the Linux kernel.”
  5. Holy cow! I was just informed that we’re the largest vendor of PCs in the world. I had no idea. If I’d known, I’d never would’ve abandoned our computer line. What was I thinking?”
Breaking News: