Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company is revamping its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.
Yahoo! Inc., a month after hiring Scott Thompson as chief executive officer, added two directors and announced the departure of Chairman Roy Bostock and three others in a board shakeup aimed at spurring a turnaround.
Hewlett-Packard Co. , the world’s largest printer maker, is adding a Web connection and setting up an e-mail address for all its printers as part of a long-term plan to enable printing from any device to any of its machines.
The sudden departure of Hewlett- Packard Co. Chief Executive Officer Mark Hurd leaves the company in search of a successor who can integrate more than $20 billion in acquisitions and maintain sales growth.
Hewlett-Packard Co. Chief Executive Officer Leo Apotheker elevated executives in the software, sales and services divisions, part of a leadership realignment aimed at boosting sales and making managers more accountable.