Bloomberg: Hewlett-Packard Said to Be Near Decision on Hurd's Successor

Francisco De Jes�s September 20,2010

As we wrote this last week, there are 5 potential internal candidates for HP new CEO, the announcement will be done this week. The before post  you can read it on this link: 5 internal candidates for HP CEO :http://worldwidegadget.blogspot.com/2010/09/5-internal-candidates-for-next-hp-ceo.html


Bloomberg September 20,2010:

Hewlett-Packard Co.�s board is nearing a decision on a successor to Mark Hurd as chief executive officer, and is leaning toward picking an internal candidate, according to a person familiar with the matter.

The short list includes Vyomesh Joshi, who runs HP�s printer business; Todd Bradley, head of the personal-computer division; Dave Donatelli, who runs the storage and server unit; Tom Hogan, executive vice president of enterprise sales and marketing; and Ann Livermore, executive vice president of the enterprise business, said the person, who asked not to be identified because the talks are private and a choice hasn�t been made.

Directors of HP, the world�s largest computer maker, met this week to weigh possible successors to Hurd, who left Aug. 6 after an investigation found he violated business-conduct standards. While it hasn�t ruled out hiring from outside, HP may not be inclined to recruit from a rival, the person said. Hurd was hired from NCR Corp. and his predecessor, Carly Fiorina, came from Lucent Technologies Inc. and departed after the company�s market value slid on her watch.

A decision on the new CEO could be announced in the coming week, the person said.
Hiring from within would also help HP avoid a legal tussle over agreements that bar executives from switching employers. Top managers at International Business Machines Corp., for example, are required to sign agreements that prohibit such moves. IBM�s Steve Mills, who has experience in hardware and software, had been named by analysts as a potential candidate.

Source Bloomberg: http://www.bloomberg.com/news/2010-09-17/hewlett-packard-board-said-to-be-near-decision-on-picking-hurd-s-successor.html

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