News

HP Board Pushes Fiorina Out

HP chairman and chief executive officer Carly Fiorina, the architect and champion of HP's controversial 2002 merger with fellow computer giant Compaq Computer, resigned Wednesday at the request of HP's Board of Directors.

"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in a statement. "HP is a great company and I wish all the people of HP much success in the future."

Patricia Dunn, the newly named non-executive chairman of the board, said Fiorina came to HP to revitalize and reinvigorate the company, which had been struggling when Fiorina became HP's first outside chief executive in 1999. "She had a strategic vision and put in place a plan that has given HP the capabilities to compete and win. We thank Carly for her significant leadership over the past six years as we look forward to accelerating execution of the company's strategy," Dunn said. Dunn has been an HP director since 1998.

The board named Robert Wayman interim chief executive officer and appointed him to the board of directors. Wayman is HP's chief financial officer. The board will begin searching for a new CEO immediately. Wayman, a 36-year HP veteran, will continue with his duties as CFO.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.

  • After High-Profile Attacks, Biden Calls for Better Software Security

    Recent high-profile security attacks have prompted the Biden administration to issue an executive order aiming to tighten software security practices across the board.

  • With Hybrid Networks on Rise, Microsoft Touts Zero Trust Security

    Hybrid networks, which combine use of cloud services with on-premises software, require a "zero trust" security approach, Microsoft said this week.

  • Feds Advise Orgs on How To Block Ransomware Amid Colonial Pipeline Attack

    A recent ransomware attack on a U.S. fuel pipeline company has put a spotlight on how "critical infrastructure" organizations can prevent similar attacks.