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Meg Whitman to Step Down as HPE CEO

(www.wsj.com)
184 points praneshp | 1 comments | 21 Nov 17 21:59 UTC | HN request time: 0.207s | source
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rmason ◴[21 Nov 17 22:14 UTC] No.15752105[source]▶
If I remember correctly she said at her last HPE earnings call, "I am not going anywhere". She also stated she had much more work to do at HPE.

Now that was in response to Uber's courtship but this was so sudden you have to wonder what prompted it?

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1. hristov ◴[22 Nov 17 01:09 UTC] No.15753333[source]▶
Majority of the time when CEOs of major companies leave, it is because they have been asked by the board of directors to leave. This is especially true after unfavorable business/stock performance.

Since the HPE stock split, the HPE stock has lagged the Nasdaq composite index by almost 60%!