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Meg Whitman to Step Down as HPE CEO

Bloomberg -------- Hewlett Packard Enterprise Co. said Chief Executive Officer Meg Whitman is stepping down after six years leading the company.Whitman, one of the most high-profile women in the technology industry, will remain on the board, Hewlett Packard Enterprise said Tuesday in a statement. She will be succeeded Feb. 1 by President Antonio Neri. Whitman, 61, took over Hewlett-Packard Co. after it suffered a series of missed targets amid rising competition under her predecessor, Leo Apotheker. She set about slashing jobs and dramatically resetting investors’ expectations for how well the company could perform at a time when customers were adopting cloud computing services HP was ill-equipped to provide. After initially opposing efforts to break up the company, a Silicon Valley institution once known for its innovation, she eventually agreed to split Hewlett Packard’s PC and printing units from higher-margin businesses aimed at corporate computing. To learn more click on the picture below to read the article.

Meg Whitman to Step Down as HPE CEO - Read More from Bloomberg

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