“Former eBay CEO Meg Whitman is poised to be named the new CEO of Hewlett-Packard later today after the markets are closed, said multiple sources close to the situation,” Kara Swisher reports for AllThingsD.
“The full board of HP, which is meeting today in Silicon Valley, has not officially voted on move and the situation could certainly change, sources said it is nearly a done deal,” Swisher reports. “While there has been much speculation that the well-known Silicon Valley exec would be only an interim CEO for the troubled tech giant, several sources with knowledge of the situation said that she will be taking over leadership on a long-term basis.”
Swisher reports, “At least that’s the plan — HP has had seven CEOs since 1999 and its current one, Léo Apotheker, has only been in the job for 11 months. He will be fired, of course, with a nice, big (and appalling, considering the 47 drop in HP stock in his tensure) severance package as a goodbye-on-your-way out.”
Read more in the full article here.
MacDailyNews Take: If she turns that dysfunctional mess around, we’ll nominate her President of Planet Earth.
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