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Articles about Meg Whitman

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 …

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

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 …
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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
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 …
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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

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 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 …
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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
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

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 …
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

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 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

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

HP 'KNEW' about Autonomy's hardware sales BEFORE the whistle blew: report

HP knew about Autonomy's hardware and reseller sales long before a whistleblower pointed them out and the company wrote down its acquisition by $8.8bn, the Financial Times has claimed (paywall), citing emails and Deloitte audit reports. HP has accused Autonomy of "accounting improprieties, misrepresentations and disclosure …
apothekerCHANGES2

HP settles lawsuit after Mad Leo's WebOS and PC biz shenanigans

HP has agreed to pay $57m to shareholders miffed by the management of Leo Apotheker. This comes after the plaintiffs sued the firm for defrauding them by abandoning its business model. The investors launched a class action suit after former chief Apotheker shocked them, and the rest of the tech world, by announcing plans in …
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Unite: HP 'addicted to culture of job cuts' as axe raised again

The brothers at Unite have slammed HP for being a "long term addict to a culture of job cuts" as the union bemoaned the loss of a claimed 1,124 UK staffers due to collect their P45s by January. The redundancies are part of the 7,100 mass layoffs across Europe that HP is pushing through before the end of the current fiscal year …
Paul Kunert, 04 Dec 2013
management management1

HP clinches six week extension on whether to join shareholders' suit against Autonomy

HP has said that it has made decisions about how to proceed with a case brought by its shareholders over the $8.8bn writedown for the acquisition of Autonomy – but it wants six more weeks to mull them over. The company was given until last Friday to think about recommendations by a committee of independent directors over the …
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HP veep scrambles for exit as PC unit burns

Charl Snyman, a senior figure in HP's European PC wing, has left the company, The Channel can reveal. Snyman landed at HP in 1999 as EMEA sales development manager, and rose through the ranks to regional veep for category management at the Printing & Personal Systems (PPS) unit. Sources close to the company claimed HP CEO Meg …
Paul Kunert, 28 May 2013

HP CEO talks up uncertainty in Dell buy-out

HP's self appointed turnaround queen Meg Whitman reckons that Dell's move to go private again will create a period of uncertainty for the customers and channel partners. And who can blame her for putting the hammer down on her rival? Dell waded with some barbed comments when HP's hapless homer CEO Leo Apotheker publicly stated …
Paul Kunert, 20 Feb 2013
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Wait, what's that noise? It's HP's UK steamroller coming to a halt at last

HP's UK PC business has promised not to swipe sales from its resellers in the IT distribution channel following orders by CEO Meg Whitman. The US giant is keen to reclaim the worldwide PC sales crown from Lenovo but its performance in the channel is faltering and, simply put, not enough boxes are shifting. To reverse this, …
Paul Kunert, 18 Jul 2013
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HP PCs 'n' printers boss steps down, replaced by Brit

HP has snatched the reins of its bogged-down global PC and printer biz from exec Todd Bradley, just a year after stitching the units together, as it struggles to compete in the mobile slablet world. Confirmation came from HP HQ this afternoon that Bradley is being put out to pasture installed as exec veep for Strategy Growth …
Paul Kunert, 18 Jun 2013

HP UK boss sent down ... under (yes, he's going to Australia)

Centuries after some of Britain's less-law-abiding sorts started settling in Australia, the good folk down under are ready to welcome another Pom to their ranks. HP UK and Ireland boss Nick Wilson is set to emigrate. Staff were today told that Wilson is leaving for pastures new and from 1 November will be HP's general manager of …
Paul Kunert, 16 Sep 2013

HP: This Xmas, get the SACK... and not the one filled with presents

HP has sent its staff a Christmas missive informing them that some of them could be sacked in early 2014. The cheery letter said that some workers will have the choice of taking voluntary redundancy. However, if too few people choose this option, HP will be forced to start getting rid of people. Workers affected by the scheme …
Jasper Hamill, 23 Dec 2013

HP wants HUNDREDS of hapless staffers OUT by April - trade union

Hundreds of British HP workers are being lined up for the chop this quarter with almost a half expected to come from Enterprise Services. Ian Tonks, national officer for IT and comms with trade union Unite, met with HP last week - as did the UK Works Council - to thrash out the latest tranche of local job cuts. He told us: "784 …
Paul Kunert, 11 Feb 2014

HP: Autonomy overstated 2010 profits, cuts them by 81 PER CENT

HP has filed at the UK's Companies House the results of an audit of the 2010 financial results of two of Autonomy's eight divisions, which says that the UK software firm's revenues were actually just 54 per cent of its initially stated figure, and that their profit figure for the year needs to be cut by a whopping 81 per cent. " …
Iain Thomson, 04 Feb 2014

NO WONDER Big Blue dropped it: IBM server biz BOMBED in Q4

There's little wonder that IBM execs were so quick to snap up Lenovo's $2.3bn offer for the sickly volume server biz. Factory revenues and shipments apparently crashed during Big Blue's last full quarter behind the wheel. Ending a thoroughly unpleasant 2013 for Big Blue server peeps, Gartner calendar Q4 numbers show revenues …
Paul Kunert, 26 Feb 2014

HP: We will never sell 100 per cent through the channel

HP's EMEA boss Peter Ryan can't foresee a time when it will sell entirely through the channel but has "no problem" if the level of business transacted directly with the customer shrinks considerably. His comments come after CEO Meg Whitman told folks attending last week's Global Partner Conference that she will not tolerate …
Paul Kunert, 28 Feb 2013
HP CEO Meg Whitman at Discover 2012

HP hammered in servers, storage, and PCs in fiscal Q3

Remember a long time ago, how Compaq put the squeeze on its supply chain, dropped the boom on PC prices, and essentially made it impossible for IBM, the former market leader, to stay in the PC business? Well, Dell and other competitors in the PC, server, and storage rackets are trying to do the same thing to HP now, and its …

HP sacks English employees to bag Scots gov jobs cash

HP will axe workers in Sheffield and shunt their roles to Renfrewshire in Scotland to bag a £7m grant from the Scottish government, the Public and Commercial Services (PCS) trade union claims. It's understood the multimillion-pound grant from the public purse is a reward for boosting local employment. About a third of support …
Paul Kunert, 17 Jun 2013
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Moody's slashes HP's credit rating

Moody's Investor Service has cut its credit rating on HP indicating a lack of confidence in Meg Whitman's ability to return the sickly tech monster to the road to recovery. The rating now stands at Baa1, three levels above junk, down from the relatively exalted score of A3 - and the outlook is negative. "Although HP will …
Paul Kunert, 29 Nov 2012
Declining graph

PC sales continue meteoric death plunge through 3rd quarter, drop another 8.6 per cent

The latest figures from Gartner on PC sales will make dispiriting reading for manufacturers; sales for the third quarter are down 8.6 per cent overall, with European sales down nearly 14 per cent. "The third quarter is often referred to as the 'back-to-school' quarter for PC sales, and sales this quarter dropped to their lowest …
Iain Thomson, 10 Oct 2013
whitman with toys

Cisco CEO wouldn't bet the farm on HP turnaround

HP CEO Meg Whitman reckons the titan's revival won't happen overnight, but according to Cisco top dog John Chambers it might not happen at all. Chambers, who has one eye on retirement and is mulling over succession plans, told Bloomberg that he backed Whitman's political aspirations to govern California but would have warned her …
Paul Kunert, 26 Sep 2012
HP CEO Meg Whitman at Discover 2012

HP: Hey, it could easily have been so much worse

If you were expecting HP to bring good news to the IT industry when it reported its financial results for the fiscal second quarter, you are no doubt sorely disappointed. Well, unless you consider that in terms of profit declines it could have been a lot worse. In the quarter ended April 30, HP was down on all fronts, and CEO …
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HP wanted to offload Autonomy on SAP, says SAP co-chief

HP tried to offload Brit software house Autonomy onto German giant SAP sometime before last month, it is claimed. Bill McDermott, co-chief exec of SAP, told the UK's Times that the firm had been approached by HP after it was told the business was "available", but SAP wasn't keen on the idea. "We were aware that it was on the …

Brit Bill Gates writes ANOTHER open letter to HP board

Former Autonomy mobster Mike Lynch wants HP to shine a light on the accusations of book-cooking made against him and his exec team when it holds the annual shareholder meeting later today. Good luck with that Mike, it's not the first time you've tried and been stonewalled by HP. In fact, when The Channel asked HP about its …
Paul Kunert, 20 Mar 2013
Apple iPad 3 aka new iPad

It's the '90s all over again: Apple repeats mistakes as low-cost tablets pile up

Apple risks repeating the mistakes of the 1990s as it sticks to a high price strategy on its iPads and other products, even as the surging tablet market heads for excess inventory in the fourth quarter. Kicking off its Asian channels forum, Canalys CEO Steve Brazier said that tablets currently took 35 per cent of the device …
Joe Fay, 23 Oct 2013

HP gets closer to Google with reseller deal

HP has joined forces with Google to sell collections of HP gear along with Google's Apps software. The HP SMB IT in a Box program was announced by HP at its HP Discover conference in Las Vegas on Tuesday, alongside news of HP entering the Google Apps Reseller program. HP has traditionally had a strong relationship with …
Jack Clark, 12 Jun 2013
gavel_judgment_channel

HP knew Autonomy was a duff buy, claim HP shareholders in $1bn suit

HP ignored numerous warning signs about the state of Autonomy's finances and accounting irregularities at the firm before acquiring it for $11bn, shareholders have alleged in a $1bn lawsuit. The investors are suing HP's current CEO Meg Whitman, her predecessor Leo Apotheker, former HP chairman Ray Lane and Autonomy founder Mike …
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HP hires Youngjohns to head up Autonomy

HP has filled the Mike Lynch-shaped hole at the top of its Autonomy business with another Brit, Robert Youngjohns, the boss of Microsoft's North America empire. Lynch left the organisation early in the summer in a phased restructure that will see a total of 27,000 HPers – or 7.7 per cent of the workforce – leave by the end of …
Paul Kunert, 10 Sep 2012
channel_teaser_exit

Ex-HP VP predicts PC arm sell-off and life as IBM's number 2

Canalys’s APAC channels conference in Bangkok last week was jam-packed with senior execs, from HP’s Meg Whitman to top dogs from EMC, Cisco and Microsoft and their counterparts in major distributors and resellers. But flying in under radar was one veteran exec simply listed as a “distinguished guest”. In a 33-year career, Bernd …
Joe Fay, 06 Nov 2013

HP re-elects all directors

The decisions to acquire Palm, Autonomy and EDS, all of which are hard to qualify as qualified successes, have failed to result in any of Hewlett Packard's board members losing their seats. The eleven-strong board all survived yesterday's annual general meeting, despite previous rumblings that some were likely to feel …
Simon Sharwood, 21 Mar 2013

Lawsuit launched against HP following Autonomy catastrophe

Investors are suing HP over accusations that senior execs hid negative information on multibillion acquisition Autonomy which subsequently led to a share price collapse. It was only a matter of time before stockholders got legal representation following last week's spat, when HP wrote-down $5bn related to the Autonomy buy, …
Paul Kunert, 27 Nov 2012

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Chris Mellor

How long before Blue Big HQ pulls the plug on the whole thing?

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

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Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap

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