Quantcast

HP Taps SAP for CEO Position

HP Names Former SAP CEO L

Get the WebProNews Newsletter:
[ Business]

HP named Léo Apotheker, formerly CEO of SAP, as its new CEO to replace the recently ousted Mark Hurd. Apotheker will also join HP’s Board of Directors. 

"Léo 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," said Robert Ryan, lead independent director of HP’s Board. "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."

Ryan added, "Léo has been a leader in anticipating the transformation taking place in our industry, and we believe he is uniquely positioned to help accelerate HP’s strategy. He has demonstrated success in the U.S. market and also has vast international experience – which will be a major asset as HP continues to expand globally, particularly in high-growth emerging markets. HP has the right assets and market positions, and now we have the best team to realize the company’s enormous potential."

HP's New CEO"HP has a powerful mix of businesses, products and services, one of the most innovative cultures in the industry, and an accomplished management team who have played a critical role in its success," said Apotheker. "I am deeply honored to be joining the more than 300,000 dedicated HP employees."

"Given HP’s diversified products and services, its financial strength, and its leadership position across markets, no other company is as well positioned to drive – and profit from – the revolutionary changes under way in the marketplace," he added. "As we move forward, HP will continue to be a valued partner with our customers as well as a fierce competitor. I look forward to working with the outstanding people at HP to write the next chapter in the company’s long and proud history."

HP’s Board also elected Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers, as a new member of the Board and designated him as non-executive Chairman. 

HP Taps SAP for CEO Position
Top Rated White Papers and Resources
  • M. Anderson

    2 years ago HP and its customer service department made it a point to defraud its clients through deception and stall tactics to “wait us out” till the warranties expire. Until HP realizes that the client is the bottom line and without us there would be no HP. I can only hope that someday I will again buy another HP product that is supported and we could actually trust HP. As a new CEO of HP I would start at the bottom and clean house until every bad apple is removed, starting with customer service and HP sales. Good luck to Leo…this is not going to be easy!

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom