Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
HP Chairman and CEO Carly Fiorina steps down
Posted on 10-Feb-2005 07:29 | Tags Filed under: News



The board of directors of Hewlett-Packard Company has announced that Carleton S. Fiorina has stepped down as chairman and chief executive officer, effective immediately. Robert P. Wayman, HP's chief financial officer, has been named chief executive officer on an interim basis and appointed to the board of directors. Patricia C. Dunn, an HP director since 1998, has been named non-executive chairman of the board, also effective immediately.

"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," said Fiorina. "HP is a great company and I wish all the people of HP much success in the future."

The board will begin a search for a new CEO immediately. Wayman, a 36-year veteran of the company, will also retain his CFO responsibilities. The company does not expect to make any additional structural changes or executive leadership changes at this time.

The company plans to report its first quarter financial results on 16 February 2005, after market close. The company expects results to be in line with consensus analyst expectations, after adjusting for the effects of the previously announced Intergraph settlement.

HP symbol was trading at 7.0% more at the time of this publication.






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Driving an automatic - do you use one foot or both?
Created by geekIT, last reply by Coil on 22-Sep-2017 14:20 (127 replies)
Pages... 7 8 9


iPhone 8/iPhone X, impressions?
Created by surfisup1000, last reply by kharris on 22-Sep-2017 14:56 (390 replies)
Pages... 24 25 26


Auckland Airport fuel supply obliterated by digger
Created by Batman, last reply by frankv on 22-Sep-2017 11:16 (214 replies)
Pages... 13 14 15


How to backup/copy an iphone app?
Created by Batman, last reply by scuwp on 19-Sep-2017 19:37 (24 replies)
Pages... 2


Mighty Ape Birthday hunt 2017
Created by ThePlague, last reply by joshhill96 on 21-Sep-2017 23:11 (22 replies)
Pages... 2


IOS 11 email client and Office 365 - heads up people
Created by gjm, last reply by mattwnz on 20-Sep-2017 17:15 (18 replies)
Pages... 2


When did we become America
Created by BTR, last reply by Fred99 on 22-Sep-2017 12:12 (66 replies)
Pages... 3 4 5


Sky blames piracy for lost customers. Sky: it's time to wake up and smell the coffee.
Created by kingdragonfly, last reply by Rikkitic on 21-Sep-2017 11:10 (482 replies)
Pages... 31 32 33