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To: Starlight who wrote (5589)6/23/1999 2:27:00 PM
From: Snowshoe  Respond to of 10309
 
Interesting comments on CPQ CEO search

Compaq CEO Hunt Narrows to Two Candidates
thestreet.com

Note the last paragraph...

After he ousted CEO Eckhard Pfeiffer nine weeks ago, Rosen was expected to spend at least until the end of summer to find a new CEO.

But he has to hurry since Hewlett-Packard (HWP:NYSE) is also looking to finish its CEO search, which is down to three candidates -- H-P Enterprise Computing Solutions CEO Ann Livermore and two external candidates -- according to Reuters. There are so few qualified outsiders in circulation, it seems, that Compaq and H-P may be interviewing the same shallow pool of candidates.

"H-P and Compaq are very big ships, and the emerging executives out there would prefer to run smaller ships," says Daniel McKelvey, a money manager at Forte Capital. "Executives today prefer to have more control, fewer people watching over them and the opportunity to make more money over the long term. The Internet is basically taking the cream of the crop."