September 22, 2011 archive
Sep 22 2011
Sep 22 2011
Former eBay CEO Meg Whitman is poised to be named CEO of Hewlett-Packard later today after the markets are closed, said multiple sources close to the situation.
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.
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 basis on a long-term basis.
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.
“Meg is not someone who wants to be a steward of a process to find another CEO for HP,” said one source. “She wants to run the company and be a strong leader for what she considers an important tech powerhouse.”
That makes sense, since at only 55 years old, sources said Whitman is not inclined to want to do a temporary fix-it job on a company as troubled and complex as HP.
Looks like Meg will be stepping away from politics and back into the business world. After last year’s disastrous run for California Governor who could blame her.
Wonder what Carly Fiorina thinks?
Let the comparisons begin…..