Feeds

Ex-General Electric boss unleashes bile on HP board

'Big mouth' Larry not the only CEO to bitch and moan

Boost IT visibility and business value

Oracle's Larry Ellison isn’t the only CEO mouthing off at Hewlett-Packard’s decision to hire Leo Apotheker as the company’s replacement for disgraced former boss Mark Hurd. Now Jack Welch, the ex-chief of General Electric, is sticking the boot in, too.

According to the Wall Street Journal, Welch said in New York yesterday at the World Business Forum that HP’s board of directors kept cocking up their top management appointments.

“The Hewlett-Packard board has committed sins over the last 10 years,” Welch said.

“They have not done one of the primary jobs of a board, which is to prepare the next generation of leadership,” he said. He added that developing and nurturing top job talent at the tech giant “was very low on the priority of leadership at that company.”

It's not the first time Welch has poo-poohed HP's board. In 2002 he argued that the company's then-imminent merger with Compaq would be good news for HP's rivals.

"Your competitors want this deal to go through. It will create chaos. They will clean both your clocks while you're doing all this. That's the one argument that rang a bell with me," said Welch at the time.

In August this year, Hurd quit the firm in spectacular fashion, after sexual harassment and puffed up expenses allegations hounded him out the door.

He replaced Carly Fiorina in 2005, who was ousted by the board after it lost faith in her shaky and divisive tenure.

“This [HP] crowd … end up blowing up the CEOs and don’t have anyone else in mind to come in. Where the hell was the leadership development? Who are these board members?” asked Welch.

He added that he wouldn’t publicly “admit” to knowing any of HP’s board members, even if he did. Ouch. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.