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HP has lost its soul: CEO

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HP has lost its soul: CEO Empty HP has lost its soul: CEO

Post by rockstar1234 Thu Mar 10, 2011 1:38 pm

Leo Apotheker stood before 4,000 Hewlett-Packard Co colleagues January 31, shielded from the afternoon Bangalore sun by a vast white tent.

Speaking with the accent that betrays his German roots, Apotheker vowed that as chief executive officer of Hewlett- Packard he would treat India more as a market than a source of low-cost labor for product development, as it did under his predecessor Mark Hurd.

CEO since November 1, Apotheker is breaking with Hurd's legacy in other ways. He's overhauling HP's $41 billion personal- computer division and says he will use acquisitions to expand in the software market, dominated by rivals such as Oracle Corp and International Business Machines Corp. Apotheker is reversing Hurd's emphasis on cost-cutting in a bid to improve product quality and spur home-grown technology, and he's touring HP's offices to find ways to get products to market more quickly.



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