NPR : News

Filed Under:

    Reports: Hewlett-Packard May Tap Meg Whitman To Be Its CEO

    Meg Whitman, the former eBay CEO and 2010 Republican candidate for governor of California, may be Hewlett-Packard's next CEO.

    The Wall Street Journal's All Things D blog and Bloomberg News are reporting they've been told by sources familiar with the H-P board's thinking that directors are meeting to talk about whether to move current CEO Leo Apotheker aside and install Whitman (possibly on an interim basis, Bloomberg says) in the chief executive's office.

    Apotheker became CEO last November, as the San Jose Mercury News reminds us. He replaced Mark Hurd, "who was ousted ... after being accused of falsifying expense reports in a controversy that started with an allegation of sexual harassment by an HP contract employee."

    The Mercury News writes that "H-P has been the world's leading PC-maker for the past five years, after buying one major rival, Compaq, and overtaking another competitor, Dell, in the race for market share. But its business has been under increasing pressure, both from the introduction of such alternatives as the iPad and from competition with low-cost manufacturers that have forced HP to keep its prices and profits down. Since taking over the top job, Apotheker has announced that HP will spin off its core personal-computer business, end its foray into the tablet business and purchase British software company Autonomy for more than $10 billion."

    Bloomberg notes that Whitman, "who joined Hewlett-Packard's board in January after a failed bid to become California's governor last year, had a mixed record at EBay. As CEO for a decade, she took the company public and pioneered online commerce for small businesses. Yet she also failed to halt a slowdown in revenue growth and overpaid for Skype Technologies SA after a three-way bidding war with Google Inc. and Yahoo! Inc."

    Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.

    NPR

    For A Female Banker At The Top Of Her Game, What Does It Take To Stay There?

    In the film Equity, investment banker Naomi Bishop navigates the male-dominated world of Wall Street. Screenwriter Amy Fox discusses the film and her research, which included many interviews with women who worked on Wall Street.
    NPR

    Salvage Supperclub: A High-End Dinner In A Dumpster To Fight Food Waste

    The ingredients — think wilted basil, bruised plums, garbanzo bean water — sound less than appetizing. Whipped together, they're a tasty meal that show how home cooks can use often-tossed foods.
    NPR

    LISTEN: At The DNC, We Asked Women Why They Were Voting For Clinton

    We asked women — as young as 4 and as old as 77 — how much the weight of history factored into their decision.
    NPR

    New Reports Of Hackers In Democratic Party Computer Systems

    The Clinton campaign says its systems were not hit but that a program it uses was in the party's compromised system. The Democratic Congressional Campaign Committee was also hacked.

    Leave a Comment

    Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.