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HP board may fire CEO after his trying to kill mobile, PCs

HP board may fire CEO after his trying to kill mobile, PCs Created by MG1 on Sep 22, 2011

HP's board of directors is near holding a meeting that could fire its CEO Leo Apotheker less than a year into his stint, a pair of sources said Wednesday. The group is said by Bloomberg to be unhappy both with nine months of consecutive forecast drops and plans to drop mobile hardware and PCs. Under one proposal, former eBay CEO Meg Whitman would take over, at least temporarily.
The company hasn't commented on the rumors.
Apotheker made the decision to drop HP's webOS hardware and unveil intentions to either spin out or sell home computers with the claim that tablets, more specifically the iPad, were making both businesses unprofitable. Investors and other critics, however, have said that bo... »read more

More at: Electronista Add additional source

Filed in: HP

Additional sources: HP board meet to decide future of CEO read at TechRadar UK Report

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