News

HP Board Pushes Fiorina Out

HP chairman and chief executive officer Carly Fiorina, the architect and champion of HP's controversial 2002 merger with fellow computer giant Compaq Computer, resigned Wednesday at the request of HP's Board of Directors.

"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in a statement. "HP is a great company and I wish all the people of HP much success in the future."

Patricia Dunn, the newly named non-executive chairman of the board, said Fiorina came to HP to revitalize and reinvigorate the company, which had been struggling when Fiorina became HP's first outside chief executive in 1999. "She had a strategic vision and put in place a plan that has given HP the capabilities to compete and win. We thank Carly for her significant leadership over the past six years as we look forward to accelerating execution of the company's strategy," Dunn said. Dunn has been an HP director since 1998.

The board named Robert Wayman interim chief executive officer and appointed him to the board of directors. Wayman is HP's chief financial officer. The board will begin searching for a new CEO immediately. Wayman, a 36-year HP veteran, will continue with his duties as CFO.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Microsoft Offers More Help on Windows Server 2008 Upgrades

    Microsoft this week published additional help resources for organizations stuck on Windows Server 2008, which fell out of support on Jan. 14.

  • Microsoft Ups Its Carbon Reduction Goals

    Microsoft on Thursday announced a corporatewide carbon reduction effort that aims to make the company "carbon negative" by 2030.

  • How To Dynamically Lock Down an Unattended Windows 10 PC

    One of the biggest security risks in any organization happens when a user walks away from their PC without logging out. Microsoft has the solution (and it's not a password-protected screensaver).

  • First Stable Chromium-Based Microsoft Edge Browser Released

    Microsoft on Wednesday announced the first release of its Chromium-based Microsoft Edge browser at the "stable" commercial-release stage.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.