HP has a new CEO. Léo Apotheker formerly of SAP has been named CEO of HP:
“Léo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline – exactly what we were looking for in a CEO,” said Robert Ryan, lead independent director of the Board. “After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships and developing world-class teams.”
Ryan continued, “Léo has been a leader in anticipating the transformation taking place in our industry, and we believe he is uniquely positioned to help accelerate HP’s strategy. He has demonstrated success in the U.S. market and also has vast international experience – which will be a major asset as HP continues to expand globally, particularly in high-growth emerging markets. HP has the right assets and market positions, and now we have the best team to realize the company’s enormous potential.”
He replaces Mark Hurd who left HP due to some “questionable” expense reports. The fact that he’s on board indicates to me that HP might be taking a more enterprise centric approach. But I guess we’ll see on that front. HP has also simultaneously named Ray Lane as the Chairman of its Board of Directors for what it’s worth.
My advice to Apotheker? Fill out your expense reports carefully.
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This entry was posted on September 30, 2010 at 7:16 pm and is filed under Commentary with tags HP. You can follow any responses to this entry through the RSS 2.0 feed.
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HP Hires New CEO… Hope He Fills Out Expense Reports Better Than The Last One…
HP has a new CEO. Léo Apotheker formerly of SAP has been named CEO of HP:
“Léo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline – exactly what we were looking for in a CEO,” said Robert Ryan, lead independent director of the Board. “After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships and developing world-class teams.”
Ryan continued, “Léo has been a leader in anticipating the transformation taking place in our industry, and we believe he is uniquely positioned to help accelerate HP’s strategy. He has demonstrated success in the U.S. market and also has vast international experience – which will be a major asset as HP continues to expand globally, particularly in high-growth emerging markets. HP has the right assets and market positions, and now we have the best team to realize the company’s enormous potential.”
He replaces Mark Hurd who left HP due to some “questionable” expense reports. The fact that he’s on board indicates to me that HP might be taking a more enterprise centric approach. But I guess we’ll see on that front. HP has also simultaneously named Ray Lane as the Chairman of its Board of Directors for what it’s worth.
My advice to Apotheker? Fill out your expense reports carefully.
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This entry was posted on September 30, 2010 at 7:16 pm and is filed under Commentary with tags HP. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.