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:

TP-Link Archer C2 and Spark Blunder...What To Do Next?
Created by DukeEdwardI, last reply by hio77 on 25-Apr-2017 18:28 (28 replies)
Pages... 2


The President Of The USA: Donald Trump
Created by TimA, last reply by gzt on 26-Apr-2017 21:56 (4075 replies)
Pages... 270 271 272


Clear and Paradise emails
Created by Rickles, last reply by quickymart on 26-Apr-2017 21:58 (22 replies)
Pages... 2


The case for mandatory internet filtering
Created by shanehobson, last reply by JimmyH on 26-Apr-2017 21:19 (108 replies)
Pages... 6 7 8


Need Help With Unstable Broadband on Old Exchange
Created by da5id, last reply by hio77 on 24-Apr-2017 17:59 (17 replies)
Pages... 2


What car would you buy?
Created by NonprayingMantis, last reply by blakamin on 26-Apr-2017 21:42 (32 replies)
Pages... 2 3


Belkin Wemo Light Switch - I want to buy but who has them?
Created by rogercruse, last reply by sonyxperiageek on 25-Apr-2017 22:33 (31 replies)
Pages... 2 3


People Are Roasting New Zealand to Oblivion
Created by Mspec, last reply by TimA on 24-Apr-2017 14:03 (12 replies)