Skip to main content

HP Names Meg Whitman President and CEO

meg-whitman-HP-shutterstockIn possibly the worst kept secret in the last 24 hours would be that HP’s board was thinking about removing Leo Apotheker from his role as CEO. As speculated Meg Whitman has been named president and CEO of HP by HP’s board. Ray Lane has been moved from non-executive chairman to executive chairman of the board of directors, and he has said, “We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP.”

It’s way too soon to know exactly how quickly things will change over at HP, but Whitman wasn’t made CEO to keep HP on its current route. Whitman official response to the news was, “I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

Recommended Videos

One quote from Lane from the press release that stands out to us is, “We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead.” That quote implies that HP’s board has a clear idea of what HP’s strategy is, even if it seems like no one really knows what exactly HP is going to do.  It’s going to take more than just a new CEO to change HP’s current situation.

Press release below:

HP Names Meg Whitman President and Chief Executive Officer

Ray Lane appointed executive chairman; Léo Apotheker steps down as president, chief executive officer and director

PALO ALTO, Calif., Sept. 22, 2011

HP today announced that its board of directors has appointed Meg Whitman as president and chief executive officer.

In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director promptly. These leadership appointments are effective immediately and follow the decision that Léo Apotheker step down as president and chief executive officer and resign as a director of the company.

“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP,” said Lane. “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. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and markets.”

Whitman said, “I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

Speaking on behalf of the board, Lane said, “We very much appreciate Léo’s 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 company’s strategy. Meg Whitman has the right operational and communication skills and leadership abilities to deliver improved execution and financial performance.”

[Image via Eugene Berman/Shutterstock]

Mike Dunn
Former Digital Trends Contributor
Mike graduated from University of Arizona with a degree in poetry, and made his big break by writing love sonnets to the…
WWDC 2025: Apple announces iOS 26, macOS 26, watchOS 26 and more
Major updates to iOS, macOS, watchOS, iPadOS, tvOS and visionOS
WWDC 2025 logo

Apple kicked off WWDC 2025 with its keynote presentation at its annual World Wide Developer's conference, and it was a bumper affair.

We were treated to a raft of updates across all of the firm's software platforms, as we were introduced to iOS 26, iPadOS 26, watchOS 26, macOS 26, tvOS 26 and visionOS 26.

Read more
ChatGPT was down: how the June 10 OpenAI outage unfolded
AI assistant ChatGPT and image creator Sora were down as part of a major OpenAI outage
ChatGPT logo on a phone

The popular AI assistant ChatGPT, and image generator Sora, suffered significant downtime as part of a major OpenAI outage today, June 10.

Downdetector showed reports regarding a ChatGPT outage started shortly before 12am PDT overnight and into June 10. This wasn't the first time we've seen ChatGPT go down, with an outage also occurring back in December 2024.

Read more
For gamers on a budget — this Amazon Basics gaming monitor is on sale for $110
The Amazon Basics 27-inch Full HD gaming monitor on a white background.

If you're still using a basic display with your gaming PC, then you're not maximizing its capabilities. You don't have to spend hundreds of dollars on an upgrade though, as you can get the 27-inch Amazon Basics Full HD gaming monitor for only $110 right now. That's a $40 discount from Amazon on its original price of $150, but we're not sure for how much longer, so we highly recommend proceeding with your purchase as soon as possible on one of the most affordable monitor deals for gamers today.

Why you should buy the 27-inch Amazon Basics Full HD gaming monitor

Read more