Archive for the ‘Léo Apotheker’ Category

Exit: Apotheker, Enter: Whitman

Amit Chowdhry | September 23, 2011 | 625 views | 1 Comment
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Hewlett-Packard Company (NYSE:HPQ) CEO Leo Apotheker has resigned from the company and has been replaced by Meg Whitman, the former CEO of eBay Inc. (NASDAQ:EBAY). Below is an e-mail that Apotheker sent out to HP employees:

HP Considers Replacing CEO Leo Apotheker With Former eBay CEO Meg Whitman

Amit Chowdhry | September 21, 2011 | 744 views | Add a Comment
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Hewlett-Packard Company (NYSE:HPQ) is highly considering the replacement of Leo Apotheker. One of the potential candidates is former eBay CEO Meg Whitman according to a source with Bloomberg.

H-P’s Awful Company Decisions In The Last Year

Amit Chowdhry | August 29, 2011 | 628 views | Add a Comment
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Hewlett-Packard Company (Public, NYSE:HPQ) has made a barrage of terrible decisions in the last year. The Wall Street Journal did a great job summarizing it in one article. I’ll summarize it by bullet points.

HP Market Cap Drops $16 Billion On Friday

Amit Chowdhry | August 21, 2011 | 968 views | Add a Comment
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After agreeing to acquire Autonomy and indicating that they will be shutting down the WebOS brand and spinning off their hardware business earlier this month, Hewlett-Packard Company (NYSE:HPQ) has been on a downward spiral. This past Friday, the company stock price dropped to the point where HP’s market cap as a whole lost $16 billion. Analysts blame the drop entirely on poor upper management decisions, specifically around Leo Apotheker’s visions. This is HP’s worst single-day stock price fall since the Black Monday stock market crash in October 1987.

HP Agrees To Acquire Autonomy For $10.3 Billion, While Considering Killing Off WebOS and Spinning Off Hardware Business

Amit Chowdhry | August 19, 2011 | 561 views | 1 Comment
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Hewlett-Packard Company (NYSE:HPQ) has agreed to buy Autonomy Corporation plc (LON:AU) for $10.3 billion. After the acquisition is complete, HP would spin off their PC business to focus on enterprise. Autonomy shareholders would receive $42.11 per share after the acquisition. This is a 64% premium from the day before the acquisition offer.

HP CEO Leo Apotheker Warns Execs Of Another Tough Quarter Ahead

Amit Chowdhry | May 17, 2011 | 1,341 views | Add a Comment
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Hewlett-Packard Company (NYSE:HPQ) CEO Leo Apotheker has warned exeutives in an internal memo that “another tough quarter” is coming and he asked them to watch every penny. HP plans on reporting their results before market hours today. HP has sharply lowered expectations after sales trimmed in March. HP has to stay competitive with Cisco and Oracle in the cloud computing sector. [Reuters]

Leo Apotheker: WebOS Will Be On Every HP PC In 2012

Amit Chowdhry | March 14, 2011 | 502 views | Add a Comment
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Hewlett-Packard Company (NYSE:HPQ) CEO Leo Apotheker said that every HP PC that will be shipped in 2012 “will include the ability to run webOS in addition to Windows.” Apotheker said that this will help pull in more developers to the webOS smartphone and tablet operating system. Apotheker also promised to pull development projects out from smaller teams at HP and commercialize them. [SlashGear]

HP CMO and SVP Michael Mendenhall Steps Down

Amit Chowdhry | January 5, 2011 | 1,501 views | Add a Comment
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Hewlett-Packard Company (NYSE:HPQ) Chief Marketing Officer and Senior Vice President Michael Mendenhall (pictured above) is departing from the company. Who is replacing him? Bill Wohl (Twitter account), the VP of Global Frield Communications and head of Integrated Communications for the co-CEO Bill McDermott is replacing Mendenhall. Rumor has it that HP CEO and former SAP co-CEO Léo Apotheker made the recommendation to hire Wohl. [AllThingsD]

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