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Leo Apotheker

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  • CEO Whitman takes chairman post at Hewlett-Packard Thursday, 17 Jul 2014 | 5:04 PM ET

    PALO ALTO, Calif.— Hewlett-Packard CEO Meg Whitman is assuming the title of chairman after the departure of interim chairman, Ralph Whitworth, who resigned to deal with health issues. Pat Russo, the former CEO of Alcatel-Lucent, will be HP's lead independent director, the company said. In addition, HP said Alcoa CEO Klaus Kleinfeld is joining the board.

  • July 15- Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.

  • June 27- Hewlett-Packard Co and attorneys representing shareholders have agreed to settle litigation over its troubled $11.1 billion acquisition of British software company Autonomy Corp, according to a source familiar with the negotiations.

  • March 31- Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer maker's former management of defrauding shareholders by abandoning a business model it had long touted.

  • NEW YORK/ SAN FRANCISCO, Feb 5- Two of Hewlett-Packard Co's most powerful executives, until they were sidelined by CEO Meg Whitman, are preparing to leave the company in the coming weeks, several sources say. Todd Bradley and Dave Donatelli have been interviewing for potential jobs for several months, four sources familiar with the situation said.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard offered a 2013 earnings outlook on Wednesday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard o ffered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • HP's Whitman blames management turnover for slow progress Wednesday, 3 Oct 2012 | 12:21 AM ET

    SAN FRANCISCO, Oct 3- Hewlett-Packard Chief Executive Meg Whitman on Wednesday blamed unprecedented executive turnover in past years for dragging out the turnaround of the sprawling Silicon Valley computing giant.

  • 10 Short-Lived CEO Terms Wednesday, 7 Dec 2011 | 2:22 PM ET
    In March 2010, Jon Corzine had been out of his job as New Jersey governor for two months. At the same time, the derivatives brokerage firm MF Global was looking for a candidate with both executive and financial sector experience to become its chief executive. Corzine, who was also the former CEO of Goldman Sachs, seemed like the perfect fit. Apparently, it wasn’t. On Oct. 31, 2011, the company filed for bankruptcy protection, and Corzine resigned.The MF Global CEO left his post on Nov. 4, 2011,

    A global corporation is no less likely to make questionable executive hiring decisions as the average small business, and CEOs of major corporations have the short tenures on their resumes to prove it.

  • Behind the Woes at HP, Wall St. Banks Lurk Tuesday, 8 Nov 2011 | 2:00 PM ET
    Hewlett-Packard

    How much would you pay for advice that turned out to be questionable? Would about $81 million sound unreasonable?

  • HP Defends Its Decision to Hire Meg Whitman     Thursday, 22 Sep 2011 | 5:33 PM ET

    CNBC's Herb Greenberg has the latest details from HP's conference call and reports the company's executive chairman, Ray Lane chose Meg Whitman because she is decisive and a people person.

  • HP Address Operational Execution Problems     Thursday, 22 Sep 2011 | 5:16 PM ET

    CNBC's Herb Greenberg has the latest details from Hewlett-Packard's conference call and its "operational execution" problems, and the Fast Money traders weigh in on leaks coming from the HP's board, and what is causing the drastic drop in Morgan Stanley's stock.

  • What's up with HP's Board?     Thursday, 22 Sep 2011 | 2:55 PM ET

    James Stewart, The New York Times, discusses the big shakeup expected for HP at today's close, as Meg Whitman is said to replace Leo Apotheker.

  • Voting to Hire a Chief Without Meeting Him Thursday, 22 Sep 2011 | 10:27 AM ET
    Leo Apotheker

    The mystery isn’t why Hewlett-Packard is likely to part ways with its chief executive, Léo Apotheker, after just a year in the job. It’s why he was hired in the first place. The New York Times reports.

  • Shakeup & Testy Moments     Wednesday, 21 Sep 2011 | 7:44 PM ET

    CNBC's Jonathan Vigliotti reports on a potential shakeup at HP, and a testy moment in the Senate with Google's chairman.

  • Word on the Street: HPQ CEO Fiasco     Wednesday, 21 Sep 2011 | 5:20 PM ET

    Rob Enderle, Enderle Group, says the leaks coming from HP are driving premature decisions and may be limiting choices for the board. Also, the Fast Money traders weigh in with the play on the stock.

  • HP's Board Meeting Today, Tomorrow     Wednesday, 21 Sep 2011 | 3:11 PM ET

    CNBC's Jon Fortt reports that HP's board is meeting today and tomorrow, where Leo Apotheker's performance will be a major topic.

  • HPQ Shares Spike     Wednesday, 21 Sep 2011 | 1:08 PM ET

    Hewlett-Packard rises on a report that its board is considering replacing its CEO Leo Apotheker with Meg Whitman, reports CNBC's Jon Fortt.

  • Moody's Downgrades BofA     Wednesday, 21 Sep 2011 | 12:33 PM ET

    Moody's cuts Bank of America's short term debt, with CNBC's Melissa Francis, and HP may replace its CEO, Leo Apotheker. CNBC's Jon Fort and Peter Misek, Jefferies tech analyst weigh in.

  • Homes of CEOs Monday, 13 Jun 2011 | 4:29 PM ET
    In May 2011, Facebook CEO Mark Zuckerberg bought a $7 million home in Palo Alto, Calif. He doesn’t move in for a few months, so the address remains a closely guarded secret until the current occupants move out. However, a few details have emerged -- the 5,000-square-foot home has five bedrooms, five bathrooms and a pool. It’s not quite on the same level as Bill Gates’ 50,050-square-foot Washington mansion (pictured, left), but it’s not a bad start for a man whose last few homes were rentals.Zuck

    In May 2011, Facebook CEO Mark Zuckerberg bought a $7 million home in Palo Alto, California. Click to see the homes of CEOs in sectors such as technology, energy, fashion and more.