HP reportedly set to name Whitman CEO

HP reportedly set to name Whitman CEO

Summary: It's unclear that Whitman has the enterprise expertise to make HP run well---at least under the current strategy.

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TOPICS: CXO, Hewlett-Packard
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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.

Also see: BNET: Meg Whitman, the HP Board’s Next Blunder-in-Waiting

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Topics: CXO, Hewlett-Packard

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  • I wonder about that HP board.

    What happened to cultivating talent internally and promoting from within from people that shared the vision and direction of the company?

    What? 1.5 years and they will be looking for the 11th CEO in 13 years.
    Bruizer
    • RE: HP reportedly set to name Whitman CEO

      @Bruizer
      The new person is aways a great genius. The current staff are just high grade morons.
      Bill4
  • Just dissolve the board already.

    I've lost count of how many CEO's they've had over the past decade. They've totally lost it. As always, Leo will walk away many millions richer after running the company into the dirt.
    kraterz
    • RE: HP reportedly set to name Whitman CEO

      @kraterz This is 8 CEOs since 1999
      Larry Dignan
    • RE: HP reportedly set to name Whitman CEO

      @kraterz And he'll be able to trade upon his "experience" running HP to land another CEO job, just as his failure at SAP landed him the job at HP. Oh, to live in the world of Rich People Rules.
      jgm@...
  • RE: HP reportedly set to name Whitman CEO

    Slim Whitman?
    slickjim
  • RE: HP reportedly set to name Whitman CEO

    @kraterz And he'll be able to trade upon his "experience" running HP to land another CEO job, just as his failure at SAP landed him the job at HP. Oh, to live in the world of Rich People Rules.<br><b>I just got a $ 829.99 iPd2 for only $ 103.37 and my mom got a $ 1498.99 HDTV for only $ 251.92, they are both coming with USPS tomorrow. I would be an id!ot to ever pay full retil prcs at placs like Wlmrt or Bstbuy. I sold a 37" HDTV to my boss for $ 600 that I only paid $ 78.24 for. I use <a href="http://is.gd/gp10001" target="_blank" rel="nofollow"><a href="http://is.gd/gp10001" target="_blank" rel="nofollow">http://is.gd/gp10001</a></a> </b>
    GlennCochran
  • RE: HP reportedly set to name Whitman CEO

    great move. It makes sense as HP and EBay have so much in common business-wise...
    pupkin_z
  • RE: HP reportedly set to name Whitman CEO

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