NYT: Hewlett-Packard Board Meets on Replacing CEO

Quentin Hardy, reporting for the NYT:

Less than a year after hiring Léo Apotheker as its chief executive, Hewlett-Packard’s directors were meeting Wednesday to consider replacing him, according to several people with knowledge of the board’s actions. The leading candidate was Meg Whitman, the former chief executive of eBay, who was sought for her ability to run a large technology company, they said.

The surprise move revealed not only the confusion inside the company over its strategy, but also the directors’ difficulties in choosing the leadership of the company.

You don’t say.

★ Wednesday, 21 September 2011