Posted on 09/21/2011 10:50:09 AM PDT by nickcarraway
All Things D reports that former eBay CEO, gubernatorial candidate could replace Apotheker.
Silicon Valley veteran and politically connected former eBay CEO Meg Whitman is being considered to replace Leo Apotheker as Hewlett-Packard's CEO, according to sources speaking with All Things D.
The NYSE seems to be on board, as HP stock spiked after the rumors surfaced. (You can follow the stock in real time here.)
Apotheker's recent moves -- shuttering TouchPad, WebOS and shopping the PC business -- has left at least 500 people out of work. Those layoffs were announced this morning. The TouchPad was on shelves only a couple of months before Best Buy asked HP to buy them back. Instead they dropped the price to $99 and liquidated the inventory.
HP also recently announced it was expanding its footprint in Africa, with plans to open offices in 10 African countries.
Whitman led eBay to pre-eminence, joining in 1998 when the company only had 30 employees. She took a young startup and transformed it into one of Silicon Valley's largest companies with more than 15,000 employees and $8 billion in revenue.
But Whitman's tenure at eBay was not without controversy. She was known for being a demanding CEO and was accused by a former employee of shoving her in a meeting. eBay reportedly reached a six figure settlement with the employee.
Who wants the other kind?
Ousting Apothekar isn’t a bad idea. Replacing him with Whitman is.
Will her horse be included in the deal?
The Packards and Hewletts must be spinning in their graves.
As boss, sure.
Yeah, there is sure to be lots of money to made in Africa selling HP products. Africa -- it's just filled with middle class folks with disposal income.
Now if the board of Netflix would catch a clue...
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