HP Names New CEO

HP Names New CEO

HP names Léo Apotheker as its new CEO after the departure of Mark Hurd in August.

H.P. revealed Mr. Apotheker’s appointment on Thursday, filling a void left when Mark V. Hurd was ousted in August. Mr. Apotheker, a German, spent 20 years at the business software maker SAP, including a recent, abbreviated stint as its chief executive. His experience meshes with H.P.’s current strategy of dominating the business computing market and could help revitalize the company’s lackluster software business. - New York Times

HP's former CEO Mark Hurd left in August after the board said he had violated company policies, Hurd has since been hired at Oracle as a co-president. Hit the NYT link for the full story.

News for Past 12 Months