Meg Whitman will reportedly become HP's next CEO--the eighth one since 1999.
Kara Swisher at AllThingsD is reporting that Whitman, former CEO of eBay, will be the next CEO and she won't have an interim tag. The deal to name Whitman CEO could fall apart, but looks like it's sealed.
Multiple questions surround the move. As noted previously, it's unclear that Whitman has the enterprise expertise to make HP run well---at least under the current strategy.
However, HP has been known to switch strategies before. Whitman will have to decide on whether to keep the PC business and how to shore up services.
Collins Stewart analyst Louis Miscioscia said in a research note:
Whitman has not run a company the size of HP, nor one focused on the enterprise, both of which are concerns that are made more important by the fact that HP is in need of a turnaround in many lines of business, not just a new strategic direction.
See the positives and negatives of naming Whitman CEO.
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- HP reportedly pondering Whitman for Apotheker CEO swap
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- Why HP’s latest move was more ballsy than moronic
- HP acquiring Autonomy - is this HP’s IBM moment?
- Oracle’s decision to nix Itanium support hurting HP sales
- Making sense of HP’s Autonomy acquisition
- Palm. HP. Who owns WebOS next?
- A tale of two failures: Microsoft’s Kin and HP’s TouchPad
- HP’s WebOS conundrum: Sell the IP or try licensing?
- HP’s Apotheker recounts TouchPad disaster in post mortem
- HP punts on WebOS, discontinues TouchPad, cuts outlook
- Surprise! HP names Leo Apotheker CEO; Can he rewrite his legacy?
Around the network:
- CNET: HP’s greatest hits: These PCs were good
- ZDNet UK: HP to buy software maker Autonomy
- CNET: What HP’s PC spin-off plans mean for you
- CNET News: HP’s Carly Fiorina era is finally over…good riddance