Bay Area (AP) -- Hewlett-Packard has named Meg Whitman, the first kind eBay Boss and California candidate for governor, since it's new Boss, pushing aside Leo Apotheker after just 11 several weeks at work.
Whitman got the very best place because you will find couple of available individuals with the knowledge to operate complex technology companies, a resource acquainted with the problem told The Connected Press. Apotheker has been removed since the board lost confidence in the capability to lead the organization lengthy-term.
The management shake-up signifies another turnaround strategy at among Plastic Valley's earliest, but many openly dysfunctional, firms. Since joining Hewlett packard in November, Apotheker's proper choices have been drastic, and did little to inspire confidence. HP's stock fell nearly 50 % throughout his time in the helm. It dropped about five percent Thursday.
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