Feeds

Rumor: HP giving Apotheker Das Boot

Former eBay CEO Whitman to step in?

Internet Security Threat Report 2014

It looks like Leo Apotheker's tumultuous time at the helm of IT behemoth Hewlett-Packard could be drawing to a close.

Both Bloomberg and the Wall Street Journal are reporting that HP board of directors has scheduled a meeting to consider giving Apotheker the boot after only 11 months on the job and replacing him, possibly on an interim basis, with new HP board member, Meg Whitman.

Whitman joined the HP board in January after a failed run to become governor of California and was, of course, the longtime CEO of online auctioneer eBay. As well as her dutuies at HP Whitman also works part-time for Silicon Valley venture capitalist Kleiner Perkins Caufield & Byers.

The Bloomberg report says that "a significant contingent" of the HP board wants to remove Apotheker after some bad moves. The report did not elaborate on what these missteps were. But getting into a legal spat with Oracle over the fate of the Itanium processor at the heart of HP's enterprise servers has not been good for business.

Meanwhile, the $10.3bn acquisition of British software company Autonomy is a bit perplexing and very expensive for the value it brings to the company. And HP has not handled its proposed spinoff of the PC business very well. Apotheker was also in charge when HP decided to spike the idea of running the webOS mobile operating system on PCs and other devices, basically nullifying the $1.2bn acquisition of Palm.

An HP spokesman contacted by El Reg said the company was unable to comment about the rumors.

Apotheker was once co-CEO at enterprise software giant SAP – an HP partner like Oracle used to be and a strong Oracle rival – but was let go from that position after a number of bad moves, including trying to raise maintenance prices drastically during the Great Recession.

He was named president and CEO of HP last September 30 after the ousting of Mark Hurd, who was shown the door at HP in August 2010 for reasons that were never fully explained, and which probably only relate tangentially to a sexual harassment lawsuit that was settled by Hurd and some expense reports that were not completed correctly. Hurd was hired as co-president at Oracle by his tennis buddy, Oracle co-founder and CEO Larry Ellison, five weeks later. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.