Compaq management exodus cranking up
By Michael Kanellos
Staff Writer, CNET News.com
May 11, 1999, 1:20 p.m. PT
The Compaq management shuffle continued today, and it may be just
beginning.
John Rando, senior vice president and general manager of Compaq
Services, today became the fourth relatively high-profile Compaq executive
to resign from the company in the wake of the forced resignation of former
chief executive Eckhard Pfeifferless than a month ago. And, according to
most observers, he won't be the last.
"You will see a lot of departures in the next couple of months. Rosen is
cleaning house. There are people who are going to look for other
opportunities. There are people who don't feel they want to go through a
reorganization," said Kurt King, computer analyst with NationsBanc
Montgomery Securities. "Rando was a surprise," he added.
Compaq, in fact, could find itself in the middle of the high tech employment
crunch, some conjectured. The company is attempting to reform its ranks in
the midst of a management bidding war in high-tech, a time when
high-powered jobs for the seven-figure crowd seem to be available
everywhere.
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