Corporate Shuffle: Meg Whitman Has Big Plans to Turn Things Around at HP
September 26, 2011
- Just after taking over the reigns at Hewlett-Packard last week, Meg Whitman spoke with Kara Swisher of All Things D about her initial plans regarding her new role.
- As HP’s new CEO, Whitman plans to focus on four major issues: meeting Wall Street’s expectations for HP over the next 45 days, integrating HP’s $10 billion acquisition of Autonomy into the company, making a decision whether to keep or spin off the Personal Systems Group (which includes HP’s consumer PC business), and meeting and getting to know HP’s employees.
- “I took this job, because HP really matters to Silicon Valley, to California, to this country and to the world,” said Whitman. “This is an icon and the place where the initial spark to create Silicon Valley came from and I am resolved to restore it to its rightful place… I have the skills to do that.”
- Whitman takes over for former CEO Leo Apotheker. According to All Things D, “the troubled tech giant has had a lot of leaders — seven CEOs since 1999.”