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Posts tagged as “meg whitman”

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?

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