Saturday, January 22, 2011
Meg Whitman hired for a different gig!
Life after a campaign - joining the Hewlett Packard Board drama
"Hewlett-Packard Co is shaking up a board criticized by many as dysfunctional, bringing in five new directors including former eBay chief Meg Whitman, as new CEO Leo Apotheker remakes the company. HP's board had for years come under fire from shareholders and business leaders such as Oracle's Larry Ellison, most recently after it forced out Mark Hurd as CEO in controversial fashion. The new directors will bring fresh thinking to the world's largest technology company by revenue, including much-needed expertise in areas such as telecommunications and international experience, the company said.
In addition to Whitman, HP named as directors Shumeet Banerji, CEO of Booz & Co; Gary Reiner, former chief information officer of General Electric Co; Patricia Russo, former CEO of Alcatel-Lucent; and Dominique Senequier, CEO of AXA Private Equity. The technology giant said directors Joel Hyatt, John Joyce, Robert Ryan and Lucille Salhany will not stand for reelection by shareholders." More from Yahoo (Reuters) 1/21/11
Posted by Kathy Meeh
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