‘The Madness Must Stop’

Larry Ellison called it, the day Apotheker was named HP’s CEO:

“I’m speechless,” he wrote in an email to the Wall Street Journal. “HP had several good internal candidates… but instead they pick a guy who was recently fired because he did such a bad job of running SAP.” […]

“None of the HP board members own much HP stock so they have little to lose,” he wrote. “But the HP employees, customers, partners and shareholders will suffer. The HP board needs to resign en masse… right away. The madness must stop.”

He was wrong about one thing, though. The madness didn’t have to stop.

★ Thursday, 22 September 2011