HP Names Apotheker CEO
HP announced Thursday that it has named Leo Apotheker its new president and CEO. The CEO of SAP, Apotheker succeeds Mark Hurd, who was dismissed last month.
Ray Lane has also joined HP as a board member and non-executive chairman. Both will assume their new positions Nov. 1.
"Leo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline -- exactly what we were looking for in a CEO,"Robert Ryan, lead independent director of the board for HP, said as part of the announcement. "After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships and developing world-class teams."