GO
Loading...

Enter multiple symbols separated by commas

Hewlett Packard's Ray Lane Steps Down After Autonomy Fiasco

Ray Lane
Jonathan Alcor | Bloomberg | Getty Images
Ray Lane

Hewlett-Packard Chairman Ray Lane, who is under fire from shareholders for his role in the botched, costly acquisition of British software firm Autonomy, has stepped down, the company said on Thursday.

(Read More: Another Investigation Into HP's Autonomy Allegations)

Director Ralph Whitworth will become interim chairman, the company said on Thursday.

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Squawk Alley