Monday, January 24, 2011

Apotheker Shapes HP Board

New Hewlett-Packard CEO Leo Apotheker(pronounced "Ahpotayker") has added five new members to the company's board.They are:
Meg Whitman,former CEO of eBay;
Patricia Russo,former CEO of Alcatel-Lucent;
Shumeet Banerji,CEO of Booz&Company;
Gary Reiner,former Chief Information Officer at General Electric and now a special advisor to General Atlantic;
and Dominique Senequier,CEO of AXA Private Equity.She has a post-graduate degree in Banking and Monetary Economics from the Sorbonne.
These appointments reflect a company seeking international and intellectual firepower,as well as executive experience at the highest level.Mr.Apotheker formerly resided in Paris,and is of German origin.
Brian Marshall,Securities Analyst at Gleacher&Company,thinks this is definitely a positive development for the company.It brings financial experience to the board.The next step is for Mr.Apotheker to come out and state his strategic vision for HP.
Hewlett-Packard(HPQ)

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