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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (28871)4/18/1999 4:44:00 PM
From: Tim Luke  Read Replies (3) of 90042
 
Sunday April 18, 3:48 pm Eastern Time
(Note: this article is ''in progress''; there will likely be an update soon.)

Compaq CEO and CFO resign amid PC sales turmoil
HOUSTON, April 18 (Reuters) - In a stunning fallout from its recent financial turmoil, Compaq Computer Corp. (CPQ - news), the world's No. 1 personal computer maker, on Sunday said its chief executive and chief financial officer have resigned.

In a statement, the company's board of directors said they named Chairman Ben Rosen and two vice-chairmen to a three-man office of the chief executive, and that Ben Wells, Compaq's treasurer, has been named as acting chief financial officer.

(Note: this article is ''in progress''; there will
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