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TexasTowelie

(112,250 posts) Wed Nov 22, 2017, 12:57 AM Nov 2017

Meg Whitman stepping down as HP Enterprise CEO

Source: Reuters

(Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co (HPE.N), ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history.

Shares of HPE fell more than 6 percent in after-hours trading. Hewlett Packard Enterprises, known for its computer servers, is still adjusting to a new landscape in which corporate customers are placing more of their digital operations in the cloud and moving away from purchasing their own equipment.

Whitman, one of the most powerful women in U.S. business and a former candidate for California governor, split Hewlett Packard Co into HPE and PC-and-printer business HP Inc (HPQ.N) in 2015 as part of a plan to turn around the large corporation. She aggressively shed assets and cut tens of thousand of jobs as HPE sharpened its focus on server and networking businesses.

Taking over for Whitman in February will be Antonio Neri, a relatively unknown HP executive who has been with the company for nearly a quarter century and currently serves as HPE’s president. Neri is a trained computer engineer and has worked in every one of HPE’s businesses, Whitman said during the company’s earnings call on Tuesday. Neri did not speak on the call.

Read more: https://www.reuters.com/article/us-hpe-results/meg-whitman-stepping-down-as-hp-enterprise-ceo-idUSKBN1DL2PO

11 replies

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Highlight:

Meg Whitman stepping down as HP Enterprise CEO (Original Post) TexasTowelie Nov 2017 OP

Her dismantling of HP is complete. n/t PoliticAverse Nov 2017 #1

Whitman's the very image of a corporate parasite. sandensea Nov 2017 #2

I thought she was long gone Angry Dragon Nov 2017 #3

Did Everyone Forget? videohead5 Nov 2017 #4

Grateful each day that Governor Brown beat her into the ground in the California Gubernatorial race C Moon Nov 2017 #5

She permantly trashed the reputation of HP gay texan Nov 2017 #6

Boy, yeah she did DeminPennswoods Nov 2017 #7

HP would be a good company to start shorting snooper2 Nov 2017 #8

No kidding dalton99a Nov 2017 #9

Carly Fiorina did far more to trash HP than Whitman. andym Nov 2017 #10

Now that they're unemployed, Meg Whitman and Chris Christie can finally do Dancing With the Stars Brother Buzz Nov 2017 #11

PoliticAverse

(26,366 posts)

1. Her dismantling of HP is complete. n/t

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 01:15 AM

Nov 2017

sandensea

(21,639 posts)

2. Whitman's the very image of a corporate parasite.

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 01:24 AM

Nov 2017

Right-wingers tend to view all CEOs as "captains of industry" and left-wingers, as leeches.

I like to think what while CEOs come in many varieties, this one - and Carly Fiorina - definitely gave them all a bad name. Female Roger Smiths, if you will - but actually worse.

Angry Dragon

(36,693 posts)

3. I thought she was long gone

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 01:49 AM

Nov 2017

videohead5

(2,178 posts)

4. Did Everyone Forget?

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 01:51 AM

Nov 2017

She supported Hillary.

C Moon

(12,213 posts)

5. Grateful each day that Governor Brown beat her into the ground in the California Gubernatorial race

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 03:26 AM

Nov 2017

She started her ads a year ahead of the election, and pumped so much money into it (a lot of it was her own).
But the advertising brainwash blitz failed—big time.
And she crawled back under her conservative hate filled rock, and took her frustrations out on HP.

gay texan

(2,453 posts)

6. She permantly trashed the reputation of HP

Reply to TexasTowelie (Original post)

Wed Nov 22, 2017, 04:06 AM

Nov 2017

They used to make some of the finest test equipment in the world

DeminPennswoods

(15,286 posts)

7. Boy, yeah she did

Reply to gay texan (Reply #6)

Wed Nov 22, 2017, 05:01 AM

Nov 2017

After having 3 HP printers fail over something as simple as removing jammed paper, I bought a Brother printer. Maybe it's not quite as fancy, but easy to set up, use and paper sits in a drawer not an open tray.