Hewlett-Packard Co. and Chief Executive Officer Meg Whitman must face claims in a shareholder securities fraud lawsuit alleging investors were misled about the acquisition of Autonomy Corp., a judge ruled.
More U.S. companies are luring top executives with multimillion-dollar “golden hello” signing bonuses, undeterred even as high-profile flameouts such as Ron Johnson’s short tenure at J.C. Penney Co. expose the risks.
Hewlett-Packard Co. is seeking buyers for some of its mobile-computing patents, according to people with direct knowledge of the matter, as Chief Executive Officer Meg Whitman tries to bolster the company’s financial position.
Hewlett-Packard Co. appointed former SAP AG Chief Executive Officer Leo Apotheker as CEO and president, turning to an external candidate who resigned from his last job in February after sales and profit slumped.
Hewlett-Packard Co. Chief Executive Officer Meg Whitman plans to stick by strategies set in motion by her predecessor, Leo Apotheker, betting that investors prefer steady leadership to another unsettling change of course.
Hewlett-Packard Co. Chairman Ray Lane told Leo Apotheker on Sept. 21 that he’d be ousted as chief executive officer after eight weeks of board wrangling that included the departure of a director close to the CEO.
Hewlett-Packard Co. ousted Chief Executive Officer Leo Apotheker yesterday, tapping director and former EBay Inc. CEO Meg Whitman to replace him. Before Sept. 21, when Bloomberg reported that he might be fired, the company’s stock had plunged 47 percent on his watch. The following timeline chronicles Apotheker’s tenure.