Compaq's New CEO May Come From TRW Ranks, Houston Paper Says
Houston, July 14 (Bloomberg) -- Compaq Computer Corp.'s search for a new chief
executive is focusing on an executive with ties to TRW Inc. -- most likely Peter
Hellman, TRW's former president and chief operating officer, the Houston Chronicle
reported. The candidate met last week with Compaq Chairman Ben Rosen and two
other board members who are overseeing company operations, among others. Compaq
declined comment on its search for a new CEO to replace Eckhard Pfeiffer, who was
fired in April.
Houston-based Compaq, the world's biggest personal computer maker, said last month
it will lose as much as 15 cents a share in the second quarter on falling PC prices and
higher costs.
(Houston Chronicle, 7/14, www.houstonchronicle.com)
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