Tag Archive for: Whitman

HPE CEO Meg Whitman to step down in 2018 [Updated]

Enlarge / HPE CEO Meg Whitman, seen here in June 2017. (credit: Andy Cross/The Denver Post via Getty Images)

As part of its quarterly earnings report, Hewlett Packard Enterprise announced Tuesday that CEO Meg Whitman would be stepping down from her position as of February 1, 2018.

Antonio Neri, the company’s current president, will be taking over as CEO. He will be paid $ 1 million.

Whitman, who took over the position as CEO in 2011 after what might be called a major management meltdown, oversaw the company’s two splits. Last year, HPE spun off its IT services division, while the original Hewlett Packard split into HPE and HP Inc. back in 2015. Whitman will retain a board position at the company.

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Biz & IT – Ars Technica

Meg Whitman Will Work for $1 a Year (Shira Ovide/Deal Journal)

Shira Ovide / Deal Journal:
Meg Whitman Will Work for $1 a Year … New Hewlett-Packard CEO Meg Whitman has agreed to take a base salary of $1 a year, according to a regulatory filing Thursday, as she tries to patch up the struggling computer giant.  —  Meanwhile, H-P said it agreed to pay ousted CEO Leo Apotheker $7.2 million …

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HP’s Whitman Says She’ll Keep Strategies Begun by Apotheker (Aaron Ricadela/Bloomberg)

Aaron Ricadela / Bloomberg:
HP’s Whitman Says She’ll Keep Strategies Begun by Apotheker  —  Sept. 23 (Bloomberg) — Hewlett-Packard Co. Chief Executive Officer Meg Whitman plans to stick by strategies set in motion by her predecessor, Leo Apotheker, betting that investors prefer steady leadership to another unsettling change of course.

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