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Meg Whitman out as CEO of HPE early next year

Meg Whitman out as CEO of HPE early next year
From TechCrunch - November 21, 2017

Six years after taking the helm as head of HP, Meg Whitman will step down from her role as CEO of Hewlett Packard Enterprise in February 2018. Whitmans spot will be filled by the companys current president, Antonio Neri.

Neri has been with HP since 1995, starting as a customer service engineer at a call center, ultimately climbing the ranks to executive vice president of HPE in 2015 and then to president in June of this year.

Whitman joined the company in 2011, after serving as the head of eBay. During her tenure at HP, the executive oversaw a rocky time for the electronics giant, ultimately splitting the company in two: a personal computer and printing company headed up by EVP Dion Weisler, and HPE, an information technology company, where she retained her position as CEO.

Late last year, the company thinned out further by selling its OpenStack and Cloud Foundry assets to German company SUSE. Earlier this year, it spun off most of the rest of its remaining enterprise software business, the last lingering piece of a 2011 Autonomy acquisition, which was regarded as the latest in a long line of regrettable moves for the company.

Whitmans impact on HP has largely been seen as a stabilizing force for a company that was moving in the wrong direction at a rapid clip. Her predecessor, Leo Apotheker, was only in the role for about a yearat the time, the company had a much more difficult time finding something nice to say about its ex-boss, stating, We very much appreciate Leos efforts and his service to HP since his appointment last year. The board believes that the job of the HP CEO now requires additional attributes to successfully execute on the companys strategy.

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