Hewlett-Packard fires CEO after 11 months, replaces him with former eBay executive Meg Whitman

SAN FRANCISCO — Hewlett-Packard has named Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, pushing aside Leo Apotheker after just 11 months on the job.

Whitman got the top spot because there are few available people with the experience to run complex technology businesses, a source familiar with the matter told The Associated Press. Apotheker is being removed because the board lost confidence in his ability to lead the company long-term.

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Neil Irwin 23 Sep, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=82463aae9e16a9ee93a056342df03a19
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