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Whitman Out The Door at HP?
January 4, 2016
New is starting early in 2016, that is for sure. An article on The Recycler website points to one of several predictions for 2016 made by business experts at Fortune magazine that suggest Meg Whitman’s time at HP may be drawing to a close. If this is the case, she would be first in the last several years to do so on her own terms. Whitman has come in and spent her time cleaning up messes left behind by former CEOs Mark Hurd (who had to resign amid a scandal) and Leo Apotheker who initiated the purchase of Autonomy which has not lived up to the initial promise and set in motion a tenuous array of legal proceedings for the company.
During her tenure at HP which began in 2011 Whitman has certainly done her best to distinguish herself. She has handled the layoff of a significant number of employees as the company has restructured and reorganized itself. She has also sought to invest more money inside the company focusing on organic innovation rather than acquiring other companies. This has resulted in a leaner HP, but one that seems to be headed towards success. The seemingly successful split into Hewlett Packard Enterprise and HP Inc. may have been final feather in her cap for her time at HP. The article goes on to suggest that that she may have already begun a search for her replacement , and may stick around to celebrate for a bit before exiting fully.
It seems very clear at this point that given her accomplishments, Whitman has fully deserved to be the CEO and President of the company and those that doubted her along the way have been proven wrong. This will certainly be another interesting year for the tech giant(s) and we look forward to seeing what they come up with next. Perhaps the last hurdle for the company, though it is not clear if Whitman will be involved in the solution, is the lawsuit currently going on with Memjet. A loss for HP could be potentially harmful as they have invested a great deal into their PageWide technology. As we have indicated before though, these proceedings have no clear end in sight as we begin 2016.