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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 27.67+0.6%Oct 31 9:30 AM EST

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To: Oeconomicus who wrote (4224)10/5/2012 5:26:06 PM
From: kumar  Read Replies (2) of 4345
 
Re : <rescue the company from the failures of...>

It is too late to say the HWP Board, CEO etc incl Lew and those after him, discarded a very good candidate :

A lady by the name of Ann Livermore.....

Following quotes excerpted from en.wikipedia.org :

"...Livermore came to HP right out of graduate school. Livermore has been at HP since 1982 and has worked in a variety of sales, marketing, and research and development jobs before being elected a corporate vice president in 1995....."

"......When HP CEO Lewis Platt announced in March 1999 that he would step down, Livermore confirmed that she wanted the job. Insiders say Livermore was the only internal candidate who made the short list but in July 1999 HP made the former Lucent Technologies executive Carly Fiorina the ...CEO....."

"......Livermore's name was mentioned as a possible candidate to take over at HP when Carly Fiorina was ousted in February 2005 as CEO. Mark Hurd from NCR Corp. was instead picked to be HP's new CEO..."

"...With Mark Hurd's August 2010 departure, Livermore was once again a possible candidate for the top job however lost out to former SAP CEO, Léo Apotheker......."

"...As of 2011, her business unit was $60 billion which was half of total HP revenues and encompassed two-thirds of total HP staff....On June 14, 2011, Livermore was replaced as head of HP Enterprises, as her top lieutenants, Dave Donatelli, software head Bill Veghte, and global sales leader Jan Zadak, now directly reported to the CEO. She was reported forced out ......"
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