Feeds

HP execs Bradley and Donatelli ready to walk: reports

CEO Meg Whitman said to want managers capable of driving faster change

3 Big data security analytics techniques

HP's troubles at the top continue, with formerly high-level executives getting ready to jump ship.

Reuters reports that Todd Bradley and Dave Donatelli are both working on their exit strategies after being “sidelined by CEO Meg Whitman”.

Bradley was head of the merged PC and printer business until June 2013, when he was shunted off to try and get things moving in China. The PC division has been on a long downhill run in the age of the smartphone and the tablet, and HP's spectacular flop with the TouchPad left it without a competitor in the hand-held growth space. Early in 2013, HP raised the white flag in that market by flogging its WebOS to LG.

In 2013, Dave Donatelli was elbowed out of the company's enterprise business, having been lured to HP from EMC in 2009 to run HP's storage and put into the enterprise business by Whitman herself. Instead, Donatelli got the job of touring VCs looking for acquisition target.

At that time, there was speculation that he wouldn't stay in place long.

Reuters says that Bradley will leave HP at the end of the month with a $12 million parachute, while Donatelli will pocket between $8 million and $10 million by staying until March. The sources that tipped the newswire to the pair's possibly-impending departures say the two have not been seen in the HP offices on a regular basis for months.

However, HP spokesperson Michael Thacker told Reuters they were still working for HP. In the first public comment about their changed positions, Thacker said “they were not making progress fast enough on the turnaround, and Meg wanted new leadership in those roles”. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.