Meg Whitman to step down as HP Enterprise CEO

Taking over for Whitman in February will be Antonio Neri, a relatively unknown HP executive who has been with the company for nearly a quarter century

Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co (HPE.N), 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. HPE, 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 candidate for California governor, split Hewlett Packard Co