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HP CEO Meg Whitman

HP CEO Meg Whitman dons TRIPLE CROWN of POWER

HP CEO and president Meg Whitman has consolidated power at the top of the corporation by taking on the role of chairman as well. The manoeuvring comes days after HP confirmed that Ralph Whitworth is to step down due to health concerns, the exact nature of which were not revealed. Whitman joined HP's board at the start of 2011 …
Paul Kunert, 18 Jul 2014
HP CEO Meg Whitman

Meg Whitman: The lady IS for TURNING. HP to lob printers'n'PCs OVERBOARD

HP has confirmed the industry’s worst kept secret – since yesterday anyway – that it is to carve the business in two, with printers and PCs on one side and all things enterprise on the other. This is a massive U-turn by CEO Meg Whitman, who has claimed repeatedly the organisation would not be split – as had been imagined by her …
Paul Kunert, 06 Oct 2014
management strategy3

HP boss Meg Whitman shuffles exec pawns just before biz splits

HP CEO Meg Whitman has outlined a management re-org to steer the business toward an eventual split into two separate Fortune 50 firms, according to an internal memo seen by El Chan. The Palo Alto-based company is consciously uncoupling, with the Printing and Personal Systems (PPS) division set to become HP Inc, and the server, …
Paul Kunert, 22 Nov 2014
management strategy3

HP turns to Meg Whitman's ex-chief of staff for tough UK job

Meg Whitman’s former veep chief of staff, Jacqui Ferguson, has returned to her UK roots with HP, taking control of the troubled Enterprise Services division with a remit to get things firing again. This will be no walk in the park: ES is already undergoing corrective surgery to trim costs by tightening policies covering overtime …
Paul Kunert, 10 Oct 2014
HP CEO Meg Whitman at Discover 2012

HP multiplies Meg Whitman's salary by 1.5 MEELLION

HP has multiplied chief executive officer Meg Whitman's salary by 1.5 million. Revealed in a December 17th Form-8K filing to the US Securities and Exchange Commission, HP explains the rise as follows: On December 11, 2013, the independent members of the Board of Directors of Hewlett-Packard Company (“HP”) approved an increase …
Simon Sharwood, 18 Dec 2013
Meg Whitman at the Canalys Channels Forum

HP to enter 3D printer market in mid-2014 says CEO Meg Whitman

HP CEO Meg Whitman has told the Canalys Channels Forum in Bangkok that the company will enter the 3D printer market in the middle of 2014. "We are excited about 3D printing," Whitman said, adding that it is a natural business for HP to enter given its heritage in printers. "We want to lead this businesses. HP labs is looking at …
Simon Sharwood, 23 Oct 2013
management regulation2

Judge rules investors can sue Meg Whitman and HP over Autonomy

HP and its chief Meg Whitman will have to face claims from a shareholder class action lawsuit alleging the exec and her firm knew statements from Autonomy's management were misleading before the acquisition. US District Judge Charles Breyer ruled that investors can go ahead with claims against the company and Whitman, saying …
HP

Brit named HP chief of staff to CEO Whitman

The head of HP's PC and printer business in Blighty, Paul Hunter, is moving to a new role as CEO Meg Whitman's right-hand man. Hunter ran the PC biz from the summer of 2010, replacing former HP veteran David Wright, and was first in line for the top local job when the firm stitched together the client and printer divisions. A …
Paul Kunert, 22 May 2014

Meg Whitman asks HPers to drag their asses into the office

Under-fire HP bosses have told staff who work from home that they're needed in the office, following the hardware giant's booting from the Dow Jones Industrial Average. Although managers stopped short of demanding a full ban on telecommuting, staff were advised that they were needed in the office to help reverse HP's fortunes. …
Jasper Hamill, 09 Oct 2013
management cloud2

Leading like Mad Leo: HP's Whitman rolls out Apotheker's PC plan

There’s something in the water at Hewlett-Packard. No, I’m not referring to the "HP Way", that pseudo-Victorian philanthropic work creed. It’s the propensity for those running this tech giant to make really big bets — multi-billion-dollar rolls of the dice have become standard operating procedure. Three of HP’s most recent …
Gavin Clarke, 07 Oct 2014

Halfway through Meg Whitman's HP turnaround time: Is it working?

Two years in, is Hewlett-Packard CEO Meg Whitman’s recovery plan bearing green shoots? The company beat gloomy Wall Street projections for the fiscal fourth quarter and 2013 year. HP’s top line still took a battering but PC sales were not as bad as expected – and better than IDC’s estimated decline for the market. Whitman told …
Gavin Clarke, 27 Nov 2013
Stained glass angels

HP CEO Whitman: We've built the PC that GOD wants

HP's CEO Meg Whitman says the company is not just turning around its various messes, but is doing so well it has gleaned sufficient insights into the divine and can build a computer to God's specifications. That computer is the Z1 workstation, of which blog geekbeat.TV recently said “If God needed a computer, this is the one he …
Simon Sharwood, 23 Oct 2013
HP CEO Meg Whitman at Discover 2012

Whitman vows to end channel conflict at HP

Direct-sales staffers who continue to pilfer deals from under the nose of channel partners do not have a long-term future at the company, top brass at HP claim. A Rules of Engagement template has been devised by the vendor, designed to give confidence to partners that their investment in certifications to specialize in products …
Paul Kunert, 20 Feb 2013
management strategy3

Dell slaps back at HP after Meg's 'uncertainty' diss: You're flip-floppers

Dell's global channel boss has accused HP of flip-flopping on its direct sales strategy, claiming its archrival has failed to create a stable platform where partners can feel secure investing their resources. The war of words erupted after HP CEO Meg Whitman recently told resellers at its Global Partner Conference (GPC) that …
Paul Kunert, 04 Mar 2013
HP

Whitman said to be planning massive HP job cuts

New(ish) HP CEO Meg Whitman has been at the helm for long enough to come up with a longer-term plan for the company, and according to various rumors, her plan will look eerily familiar to HPers who remember the early years of ex-CEO Mark Hurd: job cuts, predominantly in services. According to a report on CNBC television, HP is …
HP's Multi Jet Fusion 3D printer

Multi Jet Fusion: THAT's HP's promised 3D printer, not crazy 'leccy invention

A year and eight days ago, The Reg was in the room when HP CEO Meg Whitman promised the company would deliver a 3D printer that service providers could wield by the middle of 2014. On Wednesday the company made a lie of that claim by revealing the Multi Jet Fusion printer it says won't go on sale until 2016. “Multi Jet Fusion” …
Simon Sharwood, 31 Oct 2014

HP in 'serious' settlement talks over Autonomy legal bust-up

Hewlett-Packard seems poised to settle a lawsuit with shareholders over its $10.7bn purchase of Mike Lynch’s software company, Autonomy. The computer company said in a statement that it is in “serious discussions” to settle the suit, brought in November 2012 by angry shareholders. “No final deal has been reached yet,” HP said …
Gavin Clarke, 30 Jun 2014
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HP's Whitman: 'I will turn this company around – by 2016'

During a meeting with financial analysts on Wednesday, HP CEO Meg Whitman said her plan to turn around the ailing company was on track, but the restructuring won't be complete until 2016 and investors should expect HP's earnings to shrink even further before the work is done. In August, HP reported a loss of $8.9bn, with …
Neil McAllister, 04 Oct 2012
channel

HP boss Whitman urged to get touchy-feely with resellers

HP CEO Meg Whitman, who will step out in front of a VIP audience at the invitation-only global partner knees-up in Las Vegas this week for the first since taking over at the vendor, should take a leaf out of Michael Dell's channel management notes. That's according to a bunch of resellers sitting at HP's top table - those among …
Paul Kunert, 13 Feb 2012
HP CEO Meg Whitman at Discover 2012

Whitman: Absolutely not going to break up HP

The rumors go 'round and 'round about HP spinning off its PC business or doing some other kinds of breakup, and CEO Meg Whitman put a stop to them – maybe for once and for all, maybe not – on a conference call today to discuss the company's financial results for the first quarter of its fiscal 2013 ended on January 31. "We have …
Larry Page's new yacht, 'Senses'

Hey, HP shareholders! Mike Lynch is set to buy a 180-foot superyacht with his Autonomy loot

Mike Lynch, the man whose sale of software biz Autonomy to HP resulted in an $8.8bn writedown at the US titan and ongoing probes by the Serious Fraud Office, the US Justice Department and the SEC, is set to splash out some of his gains on an enormous yacht. Sources tell The Register that Lynch is engaged in purchasing a …
Paul Kunert, 12 Sep 2014
HP CEO Meg Whitman

HP seeks to sell chunk of China networking biz: Report

HP is reportedly on the lookout for an Asian suitor to buy a majority of the company's stake in its China-based H3C Technologies. According to the Wall Street Journal, citing people familiar with the matter, HP is in tentative talks with private equity outfits in the People's Republic. The apparent move comes after HP confirmed …
Team Register, 26 Oct 2014

Whitman: HP '100 per cent committed' to Autonomy

Hewlett-Packard CEO Meg Whitman kicked off the Discover 2012 customer and partner event today in Frankfurt with a keynote address meant to calm everyone down about HP and its future. And she trotted out her lieutenants in the enterprise hardware and software groups to help make her case. Whitman made no bones about the fact that …
HP

HP chairman Ralph Whitworth steps down immediately

HP is losing the man who has chaired its board of directors for the past two and a half years, over health concerns. The IT titan said Ralph Whitworth, 58, will be stepping down from the chairman position effective tomorrow in order to focus on his wellbeing. Further details on Whitworth's condition were not given by the company …
Shaun Nichols, 15 Jul 2014
HP

Pull up! Pull up! Pull up! Ding ... HP ends eleven-quarter sales nosedive

Think of HP, and what comes to mind? Business critical systems? Printers? Software? Lord no – it's laptops and bog-standard servers ruling the company's roost right now. The tech titan reported on Wednesday [PDF] that in the three months to July 31, it booked $27.6bn in net revenue, an increase of one per cent, year on year. Net …
Shaun Nichols, 21 Aug 2014
HP cloud

Report: HP to SPLIT OFF PC, printer biz from enterprise wing

Hewlett-Packard is reportedly planning a big break-up of its businesses, splitting its PC and printer operations from the company's corporate hardware and services divisions. The Wall Street Journal, citing people familiar with the matter, said that the huge rejig could be announced by HP on Monday. One source told the …
Kelly Fiveash, 05 Oct 2014
arrow pointing up

Will CEO Meg spare HP's PC biz?

HP may not lop off its PC biz after all: CEO Meg Whitman is still chewing the stats and weighing up the impact on its other hardware operations. Whitman is set to make the final decision at the end of this month, though HP's board were already getting cold feet before the exit of former CEO Leo Apotheker, who hatched the plan. …
Paul Kunert, 12 Oct 2011

HP's axe swings AGAIN: 5,000 more staffers for the chop

Shape-shifting HP is to throw thousands more workers on the employment bonfire to free up cash for R&D and sales investments, the company confirmed as it provided more background on the pending corporate dissection. The Palo Alto titan yesterday went public over plans to divide the business in two, with the PC and printer …
Paul Kunert, 07 Oct 2014
For Sale sign detail

Whitman says HP turnaround will not happen overnight

Five months into the role as HP CEO, Meg Whitman is finally detailing the tech titan's turnaround plan that involves "fixing execution" and cutting costs to save cash before it ups investments in R&D. In a tough fiscal first quarter, HP ironically saw an upturn in the software and to a much lesser extent the services businesses …
Paul Kunert, 23 Feb 2012

'Conscious uncoupling' of HP 'Ink', HP Enterprise: It's the shareholders, stupid

Just a few weeks ago, anyone would have said that HP CEO Meg Whitman was seemingly cast from the same mould as former Brit politician Mrs Thatcher: the lady was not for turning. That perception of the CEO, who has told people for years that she planned to keep the PC and printer division part of the group because "we are better …
Paul Kunert, 06 Oct 2014
HP

HP execs Bradley and Donatelli ready to walk: reports

HP's troubles at the top continue, with formerly high-level executives getting ready to jump ship. Reuters reports that Todd Bradley and Dave Donatelli are both working on their exit strategies after being “sidelined by CEO Meg Whitman”. Bradley was head of the merged PC and printer business until June 2013, when he was shunted …

Book closing on next HP UK PC and printer boss

The smart money is on HP naming Simon Ewington as the next head of the Printing and PC biz in the UK and Ireland to replace outgoing chief Paul Hunter. Hunter leaves to become HP CEO Meg Whitman's bagman chief-of-staff in August but the company has already whittled down the list of candidates to a few names, we understand. The …
Paul Kunert, 30 May 2014

HP says it will sue former Autonomy CFO Sushovan Hussein

HP has confirmed that it plans to sue Sushovan Hussain, the former chief financial officer of data analytics software firm Autonomy, whom HP claims "was one of the chief architects of the massive fraud" that forced HP to write down $8.8bn of the $10.2bn it paid to acquire Autonomy in 2011. In documents [PDF] filed with the US …
Neil McAllister, 04 Aug 2014

Windows XP refresh will DO NOTHING for lame PC market next year

The XP refresh provided the boon that computer makers and their respective channel suppliers clung to following a period of lean sales, but the majority of replacement have now taken place. This is according to market beanie Gartner, which estimates 70 per cent of the 30 million installed based of machines across Western Europe …
Paul Kunert, 14 Oct 2014
paper cut-out men holding hands in linked semi-circle

HP and shareholders to gang up against 'Brit Bill Gates'

Hewlett-Packard and its disgruntled shareholders have settled three lawsuits related to the $10.7bn acquisition of British search specialist Autonomy. But the Autonomy fight is not over – far from it. Both sides have now agreed to co-operate in "potential litigation" against Autonomy’s former CEO Mike Lynch and members of his …
Gavin Clarke, 01 Jul 2014

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …
Light at the end of the tunnel. Credit: Smabs Sputzer

HP Storage results: Gloomy, but there's light at the end of the tunnel

HP storage emulated HP's latest overall quarterly results, with both good news and bad news, but the gloom overwhelmed the gleam. Within HP's $27.6bn third fiscal 2014 quarterly revenue report, storage contributed $796m (just 3.6 per cent) of HP's earnings for the quarter and 11.5 per cent of the Enterprise Group's revenue. EG …
Chris Mellor, 21 Aug 2014
Love

HP: We're holding nothing back from partners now, coos firm

The new, channel-friendlier HP - jolted into action by CEO Meg Whitman and losing the PC crown to Lenovo - is trying to help rather than hinder partners efforts to build global sales business with customers. A year ago Whitman told a gathering of resellers, integrators and providers of services at its global partner knees-up …
Paul Kunert, 08 Apr 2014

Unions mull appetite for HP strike action over 16k job cull

Trade unions are this morning digesting the revelation that another 16,000 HP workers are headed for the dole queue, as confirmed by CEO Meg Whitman. The exec revealed that thousands of more names will be added to the existing job cutting programme dubbed "Make It Better" that started in 2012 and initially included 27k, 29k, 34k …
Paul Kunert, 23 May 2014
Joe Tucci EMC

EMC, HP blockbuster 'merger' shocker comes a cropper

EMC has been holding secret merger talks with HP that have since stalled, according to industry sources. The negotiations are said to have lasted almost 12 months, during which Dell executives mulled buying parts of EMC. But at the heart of the discussion was a proposed $132bn merger of the storage giant and HP, according to …
Chris Mellor, 22 Sep 2014
OCP WInterfell

HP: You know what's hot right now? Cloud* storage

Cloud storage is hot, according to Meg Whitman, HP’s CEO, who spoke of her "excitement" in the Q2 results earnings call. Whitman said: I'm very excited about some of the innovations that we'll be rolling out in the second half of the year from our server, [cloud]* storage, technology services and converged systems team. We're …
Chris Mellor, 25 May 2014
HP cloud

HP rides data center growth out of sludgy IT market

HP has reported better than expected financial results on the back of strong server sales and – unexpectedly – good performance in the struggling PC market. The IT company reported an earnings-per-share of $0.90 and a net revenue of $28.2 billion on Thursday for its first fiscal quarter results, beating analyst expectations of $ …
Jack Clark, 20 Feb 2014

Ex-Autonomy boss Mike Lynch goes nuclear: Claims HP 'misleads' its own shareholders

Mike Lynch, former chief of HP-owned Autonomy, tossed an explosive shareholder letter onto the internet today – just hours before HP's annual investors' meeting in Santa Clara, California. The scathing missive alleges Hewlett-Packard has been "misleading" its shareholders about the reasons behind the computer giant's $8.8bn …
Jack Clark, 19 Mar 2014

HP: We're axing 29,000 workers? Add another 5,000 to that

HP will lay off 5,000 more workers than the 29,000 positions earmarked for redundancy in July. The increase is mentioned in a Hewlett-Packard 10-K filing to US financial watchdog the SEC. The paperwork states on page 118: As of July 31, 2013, HP estimated that it would eliminate approximately 29,000 positions in connection with …
Chris Mellor, 31 Dec 2013

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014
MartinFinkmemristorHP

HP starts a memristor-based space program to launch ... THE MACHINE

HP may have found a way to save itself from oblivion, but apparently the only way to be sure is to throw three quarters of its research team at an ambitious new product suite based on a much-hyped yet troublesome technology. The beleaguered IT giant plans to rejuvenate itself with a set of advanced technologies that, when …
Jack Clark, 11 Jun 2014

HP imports PC and printer boss for Blighty from US ops

HP has crossed the Atlantic to pluck the replacement for outgoing Brit PC and printer boss Paul Hunter from its US operation. El Chan can reveal that George Brasher, currently the worldwide veep and GM of HP's Laser printer business is coming to Blighty to take charge of the Printer and Personal Systems Group. Hunter is moving …
Paul Kunert, 19 Jun 2014
Fight sticker

Toys fly from prams as HP rivals stoke FUD fires on its split

It's handbags at dawn in the PC market as rivals round on HP in a bid to sow the seeds of fear, uncertainty and doubt regarding the corporation’s plan to split the business in two. As world + dog knows, the Palo Alto titan is to create HP Inc to house its computer and printing businesses, and Hewlett Packard Enterprise to sell …
Paul Kunert, 09 Oct 2014
HP cloud

Hey cloud providers, HP wants your server biz back: Here's one we made earlier in Far East

HP is fighting back against the Far East ODMs that are eating into server shipments by inking a deal with Foxconn to build a price conscious box in high volumes for the largest cloudy firms. Such is the growth of the white box server market - including offerings from Quanta Computer, Wistron, Inventec and Compal Electronics - …
Paul Kunert, 30 Apr 2014

HP says 'turnaround remains on track', cuts thousands of workers

HP has handed in a tepid set of financial results with a surprise note saying it expects to lay off even more employees, as the company trudges down an unknown path into a new IT world. The company reported revenue of $27.3bn and earnings per share of $0.88 on Thursday, meeting analyst earnings expectations but narrowly missing …
Jack Clark, 22 May 2014

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Chris Mellor

Tandberg and Sphere3D deals offer hope after 18 bad ones
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Features

No, silly... he was the fall guy for years of Finnish folly
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Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that