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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

Brit named HP chief of staff to CEO Whitman

The head of HP's PC and printer business in Blighty, Paul Hunter, is moving to a new role as CEO Meg Whitman's right-hand man. Hunter ran the PC biz from the summer of 2010, replacing former HP veteran David Wright, and was first in line for the top local job when the firm stitched together the client and printer divisions. A …
Paul Kunert, 22 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
HP CEO Meg Whitman at Discover 2012

HP multiplies Meg Whitman's salary by 1.5 MEELLION

HP has multiplied chief executive officer Meg Whitman's salary by 1.5 million. Revealed in a December 17th Form-8K filing to the US Securities and Exchange Commission, HP explains the rise as follows: On December 11, 2013, the independent members of the Board of Directors of Hewlett-Packard Company (“HP”) approved an increase …
Simon Sharwood, 18 Dec 2013
Meg Whitman at the Canalys Channels Forum

HP to enter 3D printer market in mid-2014 says CEO Meg Whitman

HP CEO Meg Whitman has told the Canalys Channels Forum in Bangkok that the company will enter the 3D printer market in the middle of 2014. "We are excited about 3D printing," Whitman said, adding that it is a natural business for HP to enter given its heritage in printers. "We want to lead this businesses. HP labs is looking at …
Simon Sharwood, 23 Oct 2013
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 …
Stained glass angels

HP CEO Whitman: We've built the PC that GOD wants

HP's CEO Meg Whitman says the company is not just turning around its various messes, but is doing so well it has gleaned sufficient insights into the divine and can build a computer to God's specifications. That computer is the Z1 workstation, of which blog geekbeat.TV recently said “If God needed a computer, this is the one he …
Simon Sharwood, 23 Oct 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

Meg Whitman asks HPers to drag their asses into the office

Under-fire HP bosses have told staff who work from home that they're needed in the office, following the hardware giant's booting from the Dow Jones Industrial Average. Although managers stopped short of demanding a full ban on telecommuting, staff were advised that they were needed in the office to help reverse HP's fortunes. …
Jasper Hamill, 09 Oct 2013

Halfway through Meg Whitman's HP turnaround time: Is it working?

Two years in, is Hewlett-Packard CEO Meg Whitman’s recovery plan bearing green shoots? The company beat gloomy Wall Street projections for the fiscal fourth quarter and 2013 year. HP’s top line still took a battering but PC sales were not as bad as expected – and better than IDC’s estimated decline for the market. Whitman told …
Gavin Clarke, 27 Nov 2013
HP CEO Meg Whitman at Discover 2012

Whitman vows to end channel conflict at HP

Direct-sales staffers who continue to pilfer deals from under the nose of channel partners do not have a long-term future at the company, top brass at HP claim. A Rules of Engagement template has been devised by the vendor, designed to give confidence to partners that their investment in certifications to specialize in products …
Paul Kunert, 20 Feb 2013
The Register breaking news

HP boss Whitman: 'We have to offer a smartphone'

Hewlett Packard may have crashed and burned when it last tried to crack the mobile device market, but it isn't ready to give up yet. According to CEO Meg Whitman, a new smartphone from HP is not a matter of "if", but "when". Describing HP's bungled acquisition of Palm as "a detour into smartphones," Whitman told Fox Business …
Neil McAllister, 14 Sep 2012
The Register breaking news

HP's Whitman promises 'more beautiful' PCs

Building PCs and laptops that are better looking and more instantly recognizable to consumers is a key component of HP's strategy to turn around its struggling PC division, according to CEO Meg Whitman. "I don't think we kept up with the innovation," Whitman said in an interview with The Wall Street Journal. "The whole market …
Neil McAllister, 17 Sep 2012
HP

Whitman said to be planning massive HP job cuts

New(ish) HP CEO Meg Whitman has been at the helm for long enough to come up with a longer-term plan for the company, and according to various rumors, her plan will look eerily familiar to HPers who remember the early years of ex-CEO Mark Hurd: job cuts, predominantly in services. According to a report on CNBC television, HP is …
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
server room

HP earnings fall 44% on Whitman's debut quarter

Meg Whitman’s earnings statement from the first quarter of 2012 doesn’t look good, as she tries to clean the Augean stable left by Léo Apotheker. In her first full quarter as CEO earnings for the company were down 44 per cent on the previous year, with the company getting hammered on revenues in the fast-growing Asia Pacific …
Iain Thomson, 22 Feb 2012
sea_hp_sink

HP's Whitman: 'I will turn this company around – by 2016'

During a meeting with financial analysts on Wednesday, HP CEO Meg Whitman said her plan to turn around the ailing company was on track, but the restructuring won't be complete until 2016 and investors should expect HP's earnings to shrink even further before the work is done. In August, HP reported a loss of $8.9bn, with …
Neil McAllister, 04 Oct 2012
The Register breaking news

HP's Whitman suggests Googorola may close Android

HP CEO Meg Whitman foresees a great future for webOS, the mobile operating system that her company acquired in the $1.2bn Palm deal and is now contributing to the open source community – and part of her reasoning is based on her distrust of Google. "I think that Android may end up as a closed system because of [Google's] …
Rik Myslewski, 16 Feb 2012
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 have …
The Register breaking news

Speaking in Tech: Leo Apotheker vs Meg Whitman

speaking_in_tech Greg Knieriemen podcast enterprise It's a bulging bag of treats today at our enterprise tech cast, hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. Our special guest this week is Christopher Lynch, a tech venture capitalist. Chris is a partner at Atlas Venture and former CEO and President of Vertica ( …
Team Register, 23 May 2012
channel

HP boss Whitman urged to get touchy-feely with resellers

HP CEO Meg Whitman, who will step out in front of a VIP audience at the invitation-only global partner knees-up in Las Vegas this week for the first since taking over at the vendor, should take a leaf out of Michael Dell's channel management notes. That's according to a bunch of resellers sitting at HP's top table - those among …
Paul Kunert, 13 Feb 2012

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

Whitman: HP '100 per cent committed' to Autonomy

Hewlett-Packard CEO Meg Whitman kicked off the Discover 2012 customer and partner event today in Frankfurt with a keynote address meant to calm everyone down about HP and its future. And she trotted out her lieutenants in the enterprise hardware and software groups to help make her case. Whitman made no bones about the fact that …
The Register breaking news

HP insists Whitman is new broom to clean up execution

With HP’s latest quarterly earnings looking so poor, you’d expect the traditional financial analyst’s call to be dominated by concerns on the minutiae of performance. But every question was on leadership. HP’s chairman Ray Lane said that the company had been “jolted” by the departure of Mark Hurd, and the board had made the …
Iain Thomson, 23 Feb 2012
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
The Register breaking news

Whitman accused of hypocrisy over servants

The most expensive election in history hit another snag this week with news that would-be California governor, and ex-eBay boss, Meg Whitman employed a Mexican woman without permission to work in the US as her maid for nine years. This wouldn't be so bad, except Whitman has run on a strong anti-immigration ticket calling for …
John Oates, 30 Sep 2010
For Sale sign detail

Whitman says HP turnaround will not happen overnight

Five months into the role as HP CEO, Meg Whitman is finally detailing the tech titan's turnaround plan that involves "fixing execution" and cutting costs to save cash before it ups investments in R&D. In a tough fiscal first quarter, HP ironically saw an upturn in the software and to a much lesser extent the services businesses …
Paul Kunert, 23 Feb 2012
The Register breaking news

HP dumps Apotheker for Whitman

HP has named Meg Whitman as its new president and chief executive officer, parting ways with Leo Apotheker, who took the reins at the IT giant just ten months ago. In a press release, the company also said that non-executive chairman Ray Lane – a partner at Silicon Valley venture firm Kleiner Perkins Caufield & Byers – is now …
Cade Metz, 22 Sep 2011

Book closing on next HP UK PC and printer boss

The smart money is on HP naming Simon Ewington as the next head of the Printing and PC biz in the UK and Ireland to replace outgoing chief Paul Hunter. Hunter leaves to become HP CEO Meg Whitman's bagman chief-of-staff in August but the company has already whittled down the list of candidates to a few names, we understand. The …
Paul Kunert, 30 May 2014

Unions mull appetite for HP strike action over 16k job cull

Trade unions are this morning digesting the revelation that another 16,000 HP workers are headed for the dole queue, as confirmed by CEO Meg Whitman. The exec revealed that thousands of more names will be added to the existing job cutting programme dubbed "Make It Better" that started in 2012 and initially included 27k, 29k, 34k …
Paul Kunert, 23 May 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

HP execs Bradley and Donatelli ready to walk: reports

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 …

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …
HP cloud

HP rides data center growth out of sludgy IT market

HP has reported better than expected financial results on the back of strong server sales and – unexpectedly – good performance in the struggling PC market. The IT company reported an earnings-per-share of $0.90 and a net revenue of $28.2 billion on Thursday for its first fiscal quarter results, beating analyst expectations of $ …
Jack Clark, 20 Feb 2014
The Register breaking news

Meg Whitman's governor bid yoked to eBay past

As CEO of eBay, Meg Whitman steered millions of dollars into the coffers of Goldman Sachs. Over the same period, she profited handsomely from the investment firm, receiving an estimated $475,000 and coveted insider access to initial public offerings for a little more than a year's worth of of part-time service. The cushy …
Dan Goodin, 12 Apr 2010
OCP WInterfell

HP: You know what's hot right now? Cloud* storage

Cloud storage is hot, according to Meg Whitman, HP’s CEO, who spoke of her "excitement" in the Q2 results earnings call. Whitman said: I'm very excited about some of the innovations that we'll be rolling out in the second half of the year from our server, [cloud]* storage, technology services and converged systems team. We're …
Chris Mellor, 25 May 2014

HP UK: meeting unions over staff redundancy plans

HP has confirmed it will convene with unions reps in a bid to thrash out the number of UK workers that could get the heave-ho over the next 90 days. Consultation began on 30 January "regarding potential workforce changes" that have been pencilled in by management for HP's fiscal Q2, which started this month. "Collective …
Paul Kunert, 04 Feb 2014
Love

HP: We're holding nothing back from partners now, coos firm

The new, channel-friendlier HP - jolted into action by CEO Meg Whitman and losing the PC crown to Lenovo - is trying to help rather than hinder partners efforts to build global sales business with customers. A year ago Whitman told a gathering of resellers, integrators and providers of services at its global partner knees-up …
Paul Kunert, 08 Apr 2014
The Register breaking news

eBay wanted to buy Craigslist, Whitman tells judge

eBay wanted to buy Craigslist whole hog when it scooped up a minority stake in the classifieds website in 2004, former eBay chief executive Meg Whitman told a judge on Monday. Whitman said the online tat house was looking to expand into new markets when it purchased a 28 per cent stake in the company from an early Craigslist …
Austin Modine, 07 Dec 2009

HP says 'turnaround remains on track', cuts thousands of workers

HP has handed in a tepid set of financial results with a surprise note saying it expects to lay off even more employees, as the company trudges down an unknown path into a new IT world. The company reported revenue of $27.3bn and earnings per share of $0.88 on Thursday, meeting analyst earnings expectations but narrowly missing …
Jack Clark, 22 May 2014

Ex-Autonomy boss Mike Lynch goes nuclear: Claims HP 'misleads' its own shareholders

Mike Lynch, former chief of HP-owned Autonomy, tossed an explosive shareholder letter onto the internet today – just hours before HP's annual investors' meeting in Santa Clara, California. The scathing missive alleges Hewlett-Packard has been "misleading" its shareholders about the reasons behind the computer giant's $8.8bn …
Jack Clark, 19 Mar 2014
The history of HP server innovation according to Enterprise Group GM Dave Donatelli

HP taps software hot-shot to run enterprise hardware

Hewlett-Packard has had IBM envy for years now, and CEO Meg Whitman is following in the footsteps of Big Blue once again by putting a seasoned software executive in charge of hardware. Concurrent with the announcement of its financial results for the third quarter of its fiscal 2013, HP announced that Dave Donatelli, who came to …

HP: We're axing 29,000 workers? Add another 5,000 to that

HP will lay off 5,000 more workers than the 29,000 positions earmarked for redundancy in July. The increase is mentioned in a Hewlett-Packard 10-K filing to US financial watchdog the SEC. The paperwork states on page 118: As of July 31, 2013, HP estimated that it would eliminate approximately 29,000 positions in connection with …
Chris Mellor, 31 Dec 2013

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014
HP cloud

Hey, put away that scythe, Death: Pulse found in HP's 2014 financials

HP has projected healthier financial results for 2014 than beancounters had forecast - causing its share price to rocket up in value. In a meeting with analysts on Wednesday various HP executives sought to reassure nervous investors that the tech titan's turnaround is succeeding. "While there is a lot more work to be done, I am …
Jack Clark, 09 Oct 2013

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
MartinFinkmemristorHP

HP starts a memristor-based space program to launch ... THE MACHINE

HP may have found a way to save itself from oblivion, but apparently the only way to be sure is to throw three quarters of its research team at an ambitious new product suite based on a much-hyped yet troublesome technology. The beleaguered IT giant plans to rejuvenate itself with a set of advanced technologies that, when …
Jack Clark, 11 Jun 2014

HP imports PC and printer boss for Blighty from US ops

HP has crossed the Atlantic to pluck the replacement for outgoing Brit PC and printer boss Paul Hunter from its US operation. El Chan can reveal that George Brasher, currently the worldwide veep and GM of HP's Laser printer business is coming to Blighty to take charge of the Printer and Personal Systems Group. Hunter is moving …
Paul Kunert, 19 Jun 2014
HP cloud

Hey cloud providers, HP wants your server biz back: Here's one we made earlier in Far East

HP is fighting back against the Far East ODMs that are eating into server shipments by inking a deal with Foxconn to build a price conscious box in high volumes for the largest cloudy firms. Such is the growth of the white box server market - including offerings from Quanta Computer, Wistron, Inventec and Compal Electronics - …
Paul Kunert, 30 Apr 2014

HP 'KNEW' about Autonomy's hardware sales BEFORE the whistle blew: report

HP knew about Autonomy's hardware and reseller sales long before a whistleblower pointed them out and the company wrote down its acquisition by $8.8bn, the Financial Times has claimed (paywall), citing emails and Deloitte audit reports. HP has accused Autonomy of "accounting improprieties, misrepresentations and disclosure …