Articles about Leo Apotheker

HP's Mad King Léo ignored Autonomy iceberg, emails claim

Leo Apotheker of former HP fame ignored warnings from his own board and shareholders about the ill-fated $11.1bn Autonomy acquisition that resulted in a $8.8bn write-down and allegations of accountancy fraud, a cache of internal emails suggests. The messages were filed in a northern California district court at the end of …
Kat Hall, 28 Sep 2015
Leo Apotheker photo  by Jacoplane

Apotheker: HP board was just as culpable for Autonomy buy

Leo Apotheker reckons he shouldn't be forced to single-handedly carry the can for HP's calamitous acquisition of Autonomy when there are a bunch of board members that were equally at fault. The man spent 11 short months at the Silicon Valley giant, but this was more than enough to make an indelible mark - his tenure included …
Paul Kunert, 17 Dec 2012

Lawsuit launched against HP following Autonomy catastrophe

Investors are suing HP over accusations that senior execs hid negative information on multibillion acquisition Autonomy which subsequently led to a share price collapse. It was only a matter of time before stockholders got legal representation following last week's spat, when HP wrote-down $5bn related to the Autonomy buy, …
Paul Kunert, 27 Nov 2012
Leo Apotheker photo  by Jacoplane

Look out, world - Mad Leo Apotheker's back!

Comment Wild-eyed former HP CEO Leo Apotheker is back in the IT hot seat after bagging a spot on the supervisory board at French tech outfit Steria. The appointment of the bumbling exec was approved by 99.8 per cent of shareholders at the Annual General Meeting on 15 May. At the same time, Laetitia Puyfaucher was also voted onto the …
Paul Kunert, 1 Jun 2012

HP's fraught union with Autonomy bears first fruit

HP has announced the first offspring of its mammoth $10.24bn (£6.6bn) union with British software firm Autonomy. The progeny, Autonomy IDOL 10, is a platform that pulls data from various sources including phone calls, email, social media and the web together with a company's data – such as customer logs – so it can be …
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HP plonks Boeing bigwig into global biz hot seat

Meg Whitman has made her first senior appointment as HP CEO by creating a new role - exec veep for global tech and biz processes - and giving it to former Boeing bigwig John Hinshaw. Hinshaw will oversee IT and shared and admin services, including indirect and services procurement. He will report to Whitman and is set to …
Paul Kunert, 3 Nov 2011
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HP UK PC team baying for rivals' blood

HP UK's PSG team is unsurprisingly eager to put to bed the disastrous events of the past few months and go on the offensive. CEO Meg Whitman vowed to make a decision on the future ownership of PSG by the end of this month, and that HP is keeping the unit is not a huge surprise, neither is the fact it will have another stab at …
Paul Kunert, 28 Oct 2011
The Register breaking news

Apotheker right hand man Wohl exits HP

HP's short lived chief communication officer Bill Wohl - a close ally of blundering former CEO Leo Apotheker - has confirmed that he has followed his buddy out of the business. The man, who was on hand to advise Leo on the masterful handling of the PSG saga, and the TouchPad and WebOS announcement in August, revealed on …
Paul Kunert, 19 Oct 2011
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HP UK sales hit by PC biz uncertainty

Demand for HP PCs waned in the UK following the disastrous decision to make public its strategic review of the Personal Systems Group, analyst figures reveal. The US tech titan downplayed the potential impact of blundering former CEO Leo Apotheker's poor handling of the situation, but the early signs indicate a resultant loss …
Paul Kunert, 10 Oct 2011
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HP recruits Goldman Sachs to grapple activist investors

HP has rented the services of Goldman Sachs Group to fend off any potential activist investors seeking to rock the boat. The WSJ says the investment bank will man the battlements against corporate raiders that could exploit the fallen share price – down by a fifth last month after HP made public its PSG review, canned WebOS …
Paul Kunert, 29 Sep 2011
The Register breaking news

HP expected to hand Whitman full fat CEO role

Meg Whitman will be handed the reins at HP for the long term, multiple reports said today. However, the expected ousting of accident prone current boss Leo Apotheker in favour of the former eBay boss turned gubernatorial candidate, has done little to steady investors' faith in the firm, with its shares down almost 5 per cent …
Team Register, 22 Sep 2011
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HP may NOT spin off PC biz

In another world, Mark Hurd is getting out of the shower amid a haze of steam as CEO of HP – the sex pest claims were never made and he is still at the helm of the tech titan. Such is the fanciful turn of events at HP over the last 13-and-a-bit months, starting with a disgraced Hurd being cleared of sexual harassment but …
Paul Kunert, 22 Sep 2011
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HP sued by investor over PC and TouchPad antics

HP is facing legal action brought about by a disgruntled shareholder who claims the tech titan hid plans to review ownership of the PC biz and flush the TouchPad down the toilet [causing it to suddenly catch fire - ed]. The PC business may be sold, kept or as seems most likely spun off with the backing of private equity …
Paul Kunert, 16 Sep 2011
The Register breaking news

Team HP: Cloud Police

When HP announced it was exploring options for its PC business, the company said it'd move into the more profitable arena of enterprise solutions. From a speech given at HP's yearly Security conference yesterday, the titan is eyeing up cloud security as a big growth area. Policing the cloud and monitoring employee mobiles are …
Anna Leach, 12 Sep 2011
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Oracle and Itanic: Tech's nastiest ever row?

HP vs Oracle It has never been smooth sailing on the good ship Itanic, but now the processor is at the centre of a poisonous row, one that's as nasty as any I can recall in years of tech reporting. In case you didn't notice – and you've come to the right place to catch up – HP and Oracle are at loggerheads. HP accuses Oracle, which bought …
Andrew Orlowski, 17 Jun 2011
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HP refuses to resurrect global partner piss-up conference

HP has confirmed will not be running a global partner knees-up for the third year running much to chagrin of some in the UK channel who are keen to get a run down of top level strategy, particularly in light of Leo Apotheker's succession to disgraced former CEO Mark Hurd. Despite rivals and other major vendors reinstating …
Paul Kunert, 10 Jun 2011
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HP flexes fabrics to flatten campus networks

HP is taking its networking fight with Cisco Systems out of the data center and into corporate campuses and branch offices. Cisco has made a fortune – maybe several fortunes – selling multiple-tiered Layer 2/3 networks that span data centers, campuses, and branch offices, and the company's rivals are trying to flatten and …

Intel eyes up HP chief for top job

Intel is looking to build up its executive ranks and is apparently willing to look outside of the chip company's own walls to find some new top brass to compete for the top jobs that president and chief executive officer, Paul Otellini, will vacate in five years or so. A report in the Wall Street Journal cites unnamed sources …

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