Articles about Leo Apotheker

Man throws briefcase in the air happily on the beach. Photo by Shutterstock

HPE Software memo: We ARE several senior sales veeps lighter

The global and EMEA sales leaders of Hewlett Packard Enterprise’s software organ – the bit that is in discussions with potential buyers – have each left in the space of a week, insiders have told us. Frank Vella, vice president of worldwide sales who reports to Alan Fudge (himself the number two at HPE Software) exited on 29th …
Paul Kunert, 10 Aug 2016
HP Elite x3 and HP Mobile Extender

HP Inc Elite X3: Windows 10 phablet for enterprise-y types

MWC16 HP Inc has unveiled a big bet re-entry into the handheld device market, banking on enterprise’s attachment to the Windows ecosystem to blur the memory of its previous forays and retreats into the space. The vendor will unveil its Elite x3 phablet at MWC, a six inch-high, 7.8mm thick phablet, along with a desktop dock to …
Paul Kunert, 21 Feb 2016

Whitman's split: The end of Fiorina's HP grand expansion era

Hewlett Packard became two companies on 1 November, splitting enterprise from consumer. Founded by David Packard and William Hewlett, number one in PCs and in servers, one the granddaddies of Silicon Valley, the massive corporation has undergone a massive change. Personal computers and printers have now been set adrift onto …
Gavin Clarke, 02 Nov 2015

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
Titanic sinking

HP arranges boardroom deck chairs as The Big Split looms

HP has confirmed the captains of industry who will sit on the two boards formed when the organization splits in two. The IT giant will pull in execs from sectors ranging from automotive and clothing to private equity. The organization operationally splits this month. By 1 November, HP will legally separate to become HP Inc ( …
Paul Kunert, 12 Aug 2015
High-altitude snap from Dave Akerman's Cloud 7 payload

Zorawar Biri Singh lands Cisco CTO post as firm shuffles its top brass

Cisco has swapped one high-profile chief technology officer for another as incoming CEO Chuck Robbins expands his collection of new top brass. The company named Silicon Valley cloud whisperer-turned-venture capital influencer Zorawar Biri Singh as its CTO for platforms and solutions on Monday. His appointment comes as CTO and …
Gavin Clarke, 27 Jul 2015
channel_teaser_exit

Wanted: PC salesman to head up HP's UK channel ops

Headhunters may be scrambling for their phones on the back of the news that HP is on the look-out for someone with PC sales skills to conduct its UK channel orchestra. A note was distributed to some HP workers this week that Damian Cusick is leaving the enterprise, SMB and channel director role, stating that he is looking for a …
Paul Kunert, 13 Feb 2015
David Scott of HP

HP’s Mr 3PAR, David Scott, is retiring

Sources close to the situation tell El Reg David Scott, head of HP’s storage business and former boss of 3PAR, is retiring in March. David Scott was CEO of 3PAR when HP bought it for $2.4 billion in September 2010 after a hard-fought bidding war with Dell. It gave HP the storage answer to replace the failing EVA SAN array …
Chris Mellor, 06 Feb 2015

The Reg's review of 2014: Naked JLaw selfies, Uber and monkey madness

Facebook buying WhatsApp for nearly as much as Hewlett-Packard spent on Compaq in 2001? Well, 2014 was the year of the selfie, after all. Just don't let that snapshot of your bits get hacked. Leaked naked smartphone pics weren't this year's only embarrassing public spectacles: Microsoft's CEO put his foot in his mouth on women …
Gavin Clarke, 28 Dec 2014
HP CEO Meg Whitman

Wasn't it all supposed to be so different by now, Meg?

Showering partners with love, making changes to the exec line-up, upping R&D and other tweaks made by CEO Meg Whitman were supposed to get HP's business firing on all cylinders, but after year three of the turnaround plan, they've yet to do so. The release of Q4 fiscal ’14 numbers for the year ended October reveal a company with …
Paul Kunert, 26 Nov 2014
management cloud2

Leading like Mad Leo: HP's Whitman rolls out Apotheker's PC plan

There’s something in the water at Hewlett-Packard. No, I’m not referring to the "HP Way", that pseudo-Victorian philanthropic work creed. It’s the propensity for those running this tech giant to make really big bets — multi-billion-dollar rolls of the dice have become standard operating procedure. Three of HP’s most recent …
Gavin Clarke, 07 Oct 2014

'Conscious uncoupling' of HP 'Ink', HP Enterprise: It's the shareholders, stupid

Just a few weeks ago, anyone would have said that HP CEO Meg Whitman was seemingly cast from the same mould as former Brit politician Mrs Thatcher: the lady was not for turning. That perception of the CEO, who has told people for years that she planned to keep the PC and printer division part of the group because "we are better …
Paul Kunert, 06 Oct 2014
HP CEO Meg Whitman

Meg Whitman: The lady IS for TURNING. HP to lob printers'n'PCs OVERBOARD

HP has confirmed the industry’s worst kept secret – since yesterday anyway – that it is to carve the business in two, with printers and PCs on one side and all things enterprise on the other. This is a massive U-turn by CEO Meg Whitman, who has claimed repeatedly the organisation would not be split – as had been imagined by her …
Paul Kunert, 06 Oct 2014

Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes

When it comes to soundbites, Oracle chief executive Larry Ellison is a pro. Reporters show up not just to hear what he says, but how he says it. Bill Gates, Microsoft, SAP, IBM, cloud, yachting, his own phenomenal success – all have been subject to Ellison's barbs and meditations. Scheduled or off-the-cuff, his words turned a …
Gavin Clarke, 22 Sep 2014
Larry Page's new yacht, 'Senses'

Hey, HP shareholders! Mike Lynch is set to buy a 180-foot superyacht with his Autonomy loot

Exclusive Mike Lynch, the man whose sale of software biz Autonomy to HP resulted in an $8.8bn writedown at the US titan and ongoing probes by the Serious Fraud Office, the US Justice Department and the SEC, is set to splash out some of his gains on an enormous yacht. Sources tell The Register that Lynch is engaged in purchasing a …
Paul Kunert, 12 Sep 2014

HP Printer and PC boss: Lenovo is the LAST thing on my mind

Interview The man straddling HP's global printer and PC portfolio has a few things on his mind, but he claims worrying about Apple, Samsung and Lenovo aren't chief among them. Dion Weisler left a senior role in Lenovo to head up HP's PC biz in Asia Pacifc/Japan in 2011, the same year former CEO Leo Apotheker was unpicking decades of hard …
Paul Kunert, 24 Jul 2014

HP's Machine and IBM's $3bn R&D splash – aka how to survive Google

Comment IBM and HP are trying to invent their way out of severe problems that lurk in their future. Both companies face slowing sales in some of their traditional high-margin areas, like enterprise servers and other on-premises hardware. And both are having a tough time converting existing business divisions over to selling the high- …
Jack Clark, 23 Jul 2014

Did HP just tip its hand on Autonomy? Spoiler: It was a busted flush

Analysis Autonomy has come under fire for a software deal between itself, reseller MicroTechnologies, and the Vatican – but all is not as it seems. A report published by Reuters on Friday attempted to shed light on HP-owned Autonomy's strange deal to sell technology worth $11.55m to MicroTechnologies, which was bidding on a contract to …
Jack Clark, 18 Jul 2014
HP CEO Meg Whitman

HP CEO Meg Whitman dons TRIPLE CROWN of POWER

HP CEO and president Meg Whitman has consolidated power at the top of the corporation by taking on the role of chairman as well. The manoeuvring comes days after HP confirmed that Ralph Whitworth is to step down due to health concerns, the exact nature of which were not revealed. Whitman joined HP's board at the start of 2011 …
Paul Kunert, 18 Jul 2014
HP

HP chairman Ralph Whitworth steps down immediately

HP is losing the man who has chaired its board of directors for the past two and a half years, over health concerns. The IT titan said Ralph Whitworth, 58, will be stepping down from the chairman position effective tomorrow in order to focus on his wellbeing. Further details on Whitworth's condition were not given by the company …
Shaun Nichols, 15 Jul 2014
paper cut-out men holding hands in linked semi-circle

HP and shareholders to gang up against 'Brit Bill Gates'

Hewlett-Packard and its disgruntled shareholders have settled three lawsuits related to the $10.7bn acquisition of British search specialist Autonomy. But the Autonomy fight is not over – far from it. Both sides have now agreed to co-operate in "potential litigation" against Autonomy’s former CEO Mike Lynch and members of his …
Gavin Clarke, 01 Jul 2014

HP in 'serious' settlement talks over Autonomy legal bust-up

Hewlett-Packard seems poised to settle a lawsuit with shareholders over its $10.7bn purchase of Mike Lynch’s software company, Autonomy. The computer company said in a statement that it is in “serious discussions” to settle the suit, brought in November 2012 by angry shareholders. “No final deal has been reached yet,” HP said …
Gavin Clarke, 30 Jun 2014

SAP tightlipped on job cuts in cloud rejig bid

SAP is swinging the axe and cutting a number of staff as it re-shapes itself as a provider of cloud services. The software biz would not say how many of its 66,750 employees will be laid off as part of its latest restructuring exercise, nor when the jobs would go – but called the losses “unavoidable”. Yet the company claimed it …
Gavin Clarke, 14 May 2014

HP's Whitman rues 'biggest failure' at eBay Japan

HP supremo Meg Whitman has admitted that one of her biggest mis-steps in business (to date) was eBay's failure to make its mark in Japan during the 1990s. The tat bazaar had only 30 employees and revenues of around $US4 million when Whitman arrived in 1998. At that time, Japan was the second largest internet market in the world …
Phil Muncaster, 30 Apr 2014
apothekerCHANGES2

HP settles lawsuit after Mad Leo's WebOS and PC biz shenanigans

HP has agreed to pay $57m to shareholders miffed by the management of Leo Apotheker. This comes after the plaintiffs sued the firm for defrauding them by abandoning its business model. The investors launched a class action suit after former chief Apotheker shocked them, and the rest of the tech world, by announcing plans in …
management regulation2

Judge rules investors can sue Meg Whitman and HP over Autonomy

HP and its chief Meg Whitman will have to face claims from a shareholder class action lawsuit alleging the exec and her firm knew statements from Autonomy's management were misleading before the acquisition. US District Judge Charles Breyer ruled that investors can go ahead with claims against the company and Whitman, saying …

Apple will FAIL in corporate land 'because IT managers hate iPads'

Apple's "very limited success" in penetrating the corporate enterprise market with the iPad reflects the lack of control IT managers feel they have over the device, as well as the dominance of Windows. That is, according to HP exec Jos Brenkel, global senior veep of sales for Printers and Personal Systems, who said no single …
Paul Kunert, 04 Nov 2013

Dead PC market? In the UK? NEVER

Thought the UK PC market was like a dead mule? Wrong. There's life yet in those age old desktop and notebook nags, according to distributor shipment data. Numbers from venerable analyst Context, the gentle purveyor of sales-out figures - the stuff that users are actually buying - showed Q3 was not bad, not bad at all. The total …
Paul Kunert, 01 Nov 2013
HP TouchPad

Wanna buy some patents? HP might sell a few soon - reports

HP is looking to try and shore up the company's financial position by flogging off some of its mobile patents, sources whispered to Bloomberg. The company has already approached potential interested parties about its patent portfolio, including WebOS tech, which it got from its 2010 acquisition of early mobile device firm Palm …

SAP CEOs are like Highlanders - there can be only one

Circumstance, it seems, has forced SAP to abandon its beloved dual-chief-executive model. Company co-CEO Bill McDermott will be flying solo in 10 months and a new co-CEO will not be named by the software giant following the resignation of current co-CEO Jim Hagemann Snabe, who has been selected for election to SAP's supervisory …
Gavin Clarke, 23 Jul 2013

SAP to make do with one CEO after two-headed hub halved

SAP, the world’s largest business software maker, is losing one of its two CEOs and leaving Bill McDermott to rule them all. The German giant said co-CEO Jim Hagemann Snabe will be shifting to the SAP supervisory board pending a shareholder election at next May's AGM. Snabe said in a statement on the news: “I have decided that …
Gavin Clarke, 22 Jul 2013
Dell logo in crosshairs

Dell's enterprise biz: Can you beat HP without being HP?

The head of Dell’s enterprise business last week claimed the firm was on track to take the number one spot in the x86 server market this year, kicking out incumbent HP. Marius Haas made himself a hostage to server market fortune as the Texan firm shipped its enterprise top brass into London to convince customers, and channel …
Joe Fay, 14 May 2013

Fusion-io founders flee, ex-HP hotshot takes the wheel

Right out of the blue, flash memory-maker Fusion-io has lost its CEO co-founder David Flynn, as well as its chief marketing officer, co-founder Rick White. Board member Shane Robison has been named chairman, president and CEO. Messrs Flynn and White are resigning to pursue other entrepreneurial early-stage investing activities …
Chris Mellor, 08 May 2013
gavel_judgment_channel

HP knew Autonomy was a duff buy, claim HP shareholders in $1bn suit

HP ignored numerous warning signs about the state of Autonomy's finances and accounting irregularities at the firm before acquiring it for $11bn, shareholders have alleged in a $1bn lawsuit. The investors are suing HP's current CEO Meg Whitman, her predecessor Leo Apotheker, former HP chairman Ray Lane and Autonomy founder …

Oracle, SAP under attack: How cloud upstarts steal their lunch

Analysis After more than 20 years coining it, the Goliaths of the lucrative enterprise software world are about to meet their Davids: nimble rivals touting technology at a sensible price. And as we shall see, with customers jumping on cheaper services, ultimately the giants could be destroyed by their reliance on expensive support …
Gavin Clarke, 07 May 2013
HP CEO Meg Whitman at Discover 2012

HP chairman Lane yields to 'here's you hat, what's your hurry?' pressure

Succumbing to pressure to shake up the board of directors of HP, chairman Ray Lane is stepping down from running the board. However, he said in a statement, he will remain on the HP board – even if he doesn't run it. Lane, a former hotshot at software giant Oracle and a managing partner at venture capitalist Kleiner Perkins …

HP pulls its Köck out of Germany, slides him into European PCs

Eric Cador - the boss of HP's PC and printer biz in Europe, the Middle East and Africa - is hanging up his boots after 28 years service. The senior veep will be replaced by fellow Hewlett-Packard exec Herbert Köck, insiders told The Channel. Cador joined the US tech monster in 1985 as a product manager for the Personal Systems …
Paul Kunert, 06 Mar 2013
Mike Lynch

'Brit Bill Gates' was powerless to stop HP's Autonomy acquisition

Mike Lynch didn't fall out of love with Hewlett-Packard, it was HP which didn't know what it wanted. So says "Brit Bill Gates" Mike Lynch, who has even suggested HP's initial advances under then chief executive Leo Apotheker were unsolicited - possibly even unwanted - and that he was powerless to stop the acquisition. Speaking …
Gavin Clarke, 01 Mar 2013
HP ElitePad 900

HP's ElitePad 900 now so elite, you've probably not heard of it

HP has taken a cautious step back into the world of slab computing: its ElitePad 900 has finally landed in the UK distribution channel albeit in relatively low volumes. Fewer than 30,000 units of the Windows 8-powered tablets were shipped into Blighty, say industry sources, and it seems the tech giant has yet to convince the …
Paul Kunert, 25 Feb 2013
HP CEO Meg Whitman at Discover 2012

Whitman: Absolutely not going to break up HP

The rumors go 'round and 'round about HP spinning off its PC business or doing some other kinds of breakup, and CEO Meg Whitman put a stop to them – maybe for once and for all, maybe not – on a conference call today to discuss the company's financial results for the first quarter of its fiscal 2013 ended on January 31. "We …

HP CEO talks up uncertainty in Dell buy-out

HP's self appointed turnaround queen Meg Whitman reckons that Dell's move to go private again will create a period of uncertainty for the customers and channel partners. And who can blame her for putting the hammer down on her rival? Dell waded with some barbed comments when HP's hapless homer CEO Leo Apotheker publicly stated …
Paul Kunert, 20 Feb 2013

Next HP CEO is already working at HP, says Meg Whitman

HP CEO Meg Whitman says her eventual successor will be recruited from within the company and not externally as has been the case with the previous batch of bigwigs. Ever since it hauled in Carly Fiorina from Lucent, who was replaced by Mark Hurd, then Leo Apotheker and Whitman, onlookers criticised HP's board for bypassing …
Paul Kunert, 20 Feb 2013

What do YOU look for in a tech CEO: Smart, sales savvy, his own hair?

Channel player would like to meet tech CEO with solid sales background, understanding of the IT distribution channel, and no commitment issues. Relaxed attitude to rebates an advantage. Smokers, short-arses and visionaries need not apply. Is that too much to ask? Many industry veterans might tell you it is. Most channel …
Steve Bell, 18 Feb 2013
The Register breaking news

Are you lonesome tonight, tech firms? Let our dating service fix you up

Vulture Valentines With Dell happily married to itself thanks to some money from the private equity gods, and EE having signed up a whole bunch of sugar daddies to foot its bills, what other lonely hearts of the tech biz could use a date this Valentine's Day? Mature, big-boned mobile phone firm, still with a lot to give, seeks deep-pocketed …
michael_dell

Friends with money: Dell's big bet on private finance

Analysis If not a gambler, Michael Dell seems certainly a born showman. With his 50th birthday on the horizon, when most people his age and with his billions might be thinking of slowing down or going philanthropic, he and his PC company have begun a brand new phase. Dell, a native of the brassy US state that lends its name to a brand of …
Gavin Clarke, 07 Feb 2013

Happy dealers, solid managers. So what's wrong at HP?

What’s going on at HP? CEO Meg Whitman has pulled out the scythe and is whipping it through the troubled hardware titan, chopping out the weak and underperforming bits and clearing a path back to a market-leading position. But trouble keeps cropping up. The latest batch came in when HP cried foul play over its $10.3bn of …
Steve Bell, 31 Jan 2013

Hey HP: You may not rate Autonomy, EDS, but buyers do

Potential buyers are probing Hewlett-Packard over EDS and Autonomy, according to reports. Bloomberg reports that HP has received an “increase in enquiries” following a recent regulatory filing saying it would dispose of businesses that don’t meet goals. The Wall St Journal says overtures have come mainly from other US tech …
Gavin Clarke, 17 Jan 2013
The Register breaking news

HP itching to flog flaccid biz units: Are Autonomy, PSG in firing line?

Hewlett-Packard is considering selling or spinning out its weak business units but warned investors that any deals may not go smoothly. The troubled tech titan stated in its latest paperwork filed to US financial regulator the SEC: “We continue to evaluate the potential disposition of assets and businesses that may no longer …
Gavin Clarke, 02 Jan 2013
The Register breaking news

US, UK probe HP claims of accounting mischief at Autonomy

The US Department of Justice is investigating Hewlett Packard's allegations that British software company Autonomy cooked its books before it was bought up by HP. Hewlett Packard claimed accounting irregularities and financial misrepresentation at Autonomy led to HP's $8.8bn loss in the fourth quarter of 2012. HP paid $11bn for …
Anna Leach, 31 Dec 2012

2012 in tech: Apple up the Cook without a paddle, ARM, slab wars... and MORE

Review of 2012 Great Britain reminded the world who invented the web at London 2012 Olympics, Apple cocked up its maps, Microsoft returned to hardware with Surface, we saw a rise of the machines on Wall Street and many of us rubbed our hands with glee as Facebook IPO's deflated. This was the last 12 months in technology. So put the in-laws on …
Gavin Clarke, 31 Dec 2012