HP appoints Leo Apotheker as new CEO

After laying Mark Hurd off, HP was managed by its CFO in an interimistic fashion.

The company now has a new CEO) – its Leo Apotheker from SAP fame:

The Board of Directors of HP (NYSE: HPQ) today announced the election of Léo Apotheker as Chief Executive Officer and President. Apotheker, who previously served as CEO of SAP, will also join HP’s Board of Directors. The Board also elected Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers, as a new member of the Board and designated him as non-executive Chairman. Both elections are effective November 1.

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