News Articles

Sunday, October 3, 2010

Léo Apotheker named as new CEO and President of HP

Léo Apotheker has been named by HP's board of directors as the company's new Chief Executive Officer and President from 1st November 2010. Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers (and former Oracle COO), was chosen as non-executive Chairman.

Mr Apotheker was previously at SAP for more than 20 years at SAP, most recently as CEO.

Robert Ryan, lead independent director of HP's board, said "Léo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline – exactly what we were looking for in a CEO. After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships and developing world-class teams. Léo has been a leader in anticipating the transformation taking place in our industry, and we believe he is uniquely positioned to help accelerate HP’s strategy. He has demonstrated success in the US market and also has vast international experience – which will be a major asset as HP continues to expand globally, particularly in high-growth emerging markets. HP has the right assets and market positions, and now we have the best team to realize the company’s enormous potential."

Cathie Lesjak, who was named interim CEO in August 2010 in addition to her role as HP’s Chief Financial Officer, is returning to her original position. She became interim CEO when Mark Hurd left the company.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Handsets and manufacturers, NewsNumber of views: 2060

Tags: hp

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement