Amy J, Paul Otellini's name mentioned in HP's search for a CEO to replace Lew Platt when he retires. Also, Compaq may be interested in him. Better sweeten the deal for him, or, is he next in line at Intel? The few times I've seen or heard Otellini, I've been impressed. Real smooth guy, something like Chambers of Cisco.
From the Dell thread:
Tuesday, May 11, 1999
BUSINESS
HP, Compaq in race to find new chiefs
BLOOMBERG in San Jose
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Hewlett-Packard may take three months to find a chief executive to
replace Lewis Platt, who plans to retire next year after he divides the
company.
AirTouch Communications chairman and chief executive Sam Ginn,
who sits on the search committee of HP's board, said HP was
"nowhere close to making a decision".
Analysts and investors have speculated HP will move quickly to find a
chief and that an announcement could come this month. Compaq
Computer also is looking for a chief executive, increasing competition
for qualified candidates.
"We're working very hard," Mr Ginn said. "We've interviewed a
number of candidates. In two or three months, we'll be able to
announce new leadership for HP."
HP in March said it would split into two companies. The larger one,
which would keep the Hewlett-Packard name, would sell computers
and printers.
The smaller one, which has yet to be named, would sell HP's
electronic measurement equipment and medical devices. HP is looking
for a chief executive for the larger company. HP executive Edward
Barnholt will lead the smaller one.
"I would expect them to move faster," said Scott Scanlon, chief
executive at Hunt-Scanlon Advisors, a consultant to search firms.
"Any time you have two searches going on concurrently, the pace
picks up".
Executive search firm Christian & Timbers is conducting the search
for HP. In a break from tradition, HP is looking outside the company
for a new leader, as well as inside.
Analysts say that among the eligible candidates are Novell
chairman and chief executive Eric Schmidt, Intel executive
vice-president Paul Otellini, Sun Microsystems president Ed
Zander and America Online president Bob Pittman.
"They are looking at the same people as Compaq," Kimball
Brown, an analyst at market researcher Dataquest, said.
"They are bumping into the same candidates."
Compaq, the world's biggest PC maker, ousted chief executive
Eckhard Pfeiffer last month after the company warned that first-quarter
results would fall far short of expectations, continuing financial
problems that started a year before.
Only one internal candidate at HP has said she has been interviewed.
She is Ann Livermore, president of HP's enterprise computing
division, the company's largest.
HP is looking for someone who understands the Internet. Like rivals
Sun and IBM, HP is trying to be a one-stop shop providing companies
with all the computers and software they need to do business on-line.
HP executives admit they missed the first wave of the Net, which
spawned retailers such as Amazon.com and directory services such as
Excite and Yahoo!.
HP is spending US$100 million on an advertising campaign for
e-services - more complex endeavours that will be done on the Net. Its
advertising describes services that will let people use wireless
devices to compare rates on taxis and buses from street corners, or
search the Web for language-translation services on business trips to
the mainland.
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