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Meg Whitman steps down as HP Enterprise CEO after 6 years; shares tumble 6%

Taking over will be Antonio Neri, a relatively unknown HP executive who has been with the company for nearly a quarter century and currently serves as HPE's president

Reuters 

Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co, ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history. Shares of HPE fell more than 6 per cent in after-hours trading. Hewlett Packard Enterprises, known for its computer servers, is still adjusting to a new landscape in which corporate customers are placing more of their digital operations in the cloud and moving away from purchasing their own equipment. Whitman, one of the most powerful women in US business and a former ...

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First Published: Wed, November 22 2017. 11:24 IST
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