Six years after taking the helm as head of HP, Meg Whitman will step down from her function as CEO of Hewlett Packard commercial enterprise in February 2018. Whitman’s spot could be filled by using the company’s present president, Antonio Neri.
Neri has been with HP in view that 1995, starting as a consumer provider engineer at a name middle, in the end climbing the ranks to govt vice chairman of HPE in 2015 after which to president in June of this yr.
Whitman joined the business in 2011, after serving because the head of eBay. all through her tenure at HP, the government oversaw a rocky time for the electronics gigantic, ultimately splitting the business in two: a private computer and printing company headed up by using EVP Dion Weisler, and HPE, an counsel technology enterprise, where she retained her place as CEO.
Late closing yr, the company thinned out further by means of selling its OpenStack and Cloud Foundry belongings to German company SUSE. previous this year, it spun off many of the rest of its ultimate business application enterprise, the final lingering piece of a 2011 Autonomy acquisition, which become viewed because the latest in a long line of regrettable strikes for the enterprise.
Whitman’s impact on HP has largely been considered as a stabilizing force for a corporation that become moving in the incorrect route at a quick clip. Her predecessor, Leo Apotheker, changed into handiest within the role for a few year — on the time, the business had a a lot extra complicated time discovering anything first-class to claim about its ex-boss, stating, “We very an awful lot admire Leo’s efforts and his carrier to HP given that his appointment remaining year. The board believes that the job of the HP CEO now requires additional attributes to correctly execute on the company’s strategy.”
Whitman had in the past served as the president and CEO of eBay, growing the online public sale web site from 30 employees in 1998 to fifteen,000 by way of the conclusion of her tenure.
“I’m tremendously pleased with all we’ve accomplished since I joined HP in 2011. these days, Hewlett Packard moves ahead as 4 business-leading businesses that are every well located to win in their respective markets,” Whitman talked about in a statement tied to this afternoon’s news. “now could be the appropriate time for Antonio and a brand new generation of leaders to take the reins of HPE. I even have gigantic self assurance that they’ll proceed to build a great business on the way to thrive smartly into the long run.”
returned in July, Whitman turned into floated as a substitute for Uber CEO Travis Kalanick, eventually batting away such rumors, stating, “we have a lot of work still to do at HPE and i am now not going anywhere.” That’s nevertheless a bit actual right here — Whitman will reside on as a member of HPE’s board of administrators. She hasn’t introduced any plans past that.
The big information comes the same day HPE stated its quarterly salary, through which the company carried out a little more advantageous than analyst expectations.
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