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Lifestyle,nightlifeMeg Whitman Blackslist HP

Meg Whitman has officially been named the CEO of Hewlett Packard, following several days of speculation that Leo Apotheker would be forced out of the computing giant and possibly replaced by the former eBay CEO and California gubernatorial candidate.In a statement, HP also said that Ray Lane has been promoted to executive chairman of the company’s board of directors. In a statement, Lane said, “We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead. Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities.” Whitman had been serving on HP’s board for the past eight months.Apotheker’s departure comes just 11 months after he joined the company in the wake of the Mark Hurd scandal. His tenure had been shaky from the start, with criticism intensifying recently over his plan to spin off HP’s personal computer business and discontinue the TouchPad tablet.Although HP’s statement on the matter says Aptoheker resigned his position, it seems all but certain that the decision was not his, with media reports surfacing earlier this week that HP’s board was meeting to discuss an exit. Lane also did little to hide the board’s feelings towards Apotheker. “The board believes that the job of the HP CEO now requires additional attributes to successfully execute on the company’s strategy. Meg Whitman has the right operational and communication skills and leadership abilities to deliver improved execution and financial performance,” he said.Read more about Meg Whitman