Slashdot Mirror
HP Enterprise CEO Meg Whitman To Step Down (reuters.com)
Hewlett Packard Enterprise's Meg Whitman is stepping down as chief executive officer. Reuters reports: Whitman engineered the biggest breakup in corporate history during her 6 year tenure at the helm, creating HPE and PC-and-printer business HP Inc from parent Hewlett Packard Co in 2015. Whitman will be succeeded by the company's president, Antonio Neri, who takes over from Feb. 1. "Now is the right time for Antonio and a new generation of leaders to take the reins of HPE," Whitman said in a statement. Whitman, who will continue as a board member, had been steering the company towards areas such as networking, storage and technology services.
Meg Whitman is being forced out because she's a woman. Men assume that a woman in a position of authority isn't competent. She's been ousted because of her gender, not because of the quality of her leadership. If she was a man, she would still be the CEO.
from a dying entity.
Congrats!
Women just can't cut it as CEOs. Just look at Carly Fiorina, Marissa Mayer, or Elizabeth Holmes. Women just usually aren't fit to be in a leadership position like that. They get hired because of their looks, then promoted because they can't actually do the job and firing them would bring a discrimination lawsuit. That's how women work their way up the ladder.
..and Slashdot rejoices
Has she ever had any real success in anything she was involved in. Besides dragging it into the ground and then being asked to leave.
This clears the way. No political baggage and (hopefully) no sexual harassment aligations against her makes her a viable candidate today.
All you did Meg was fire a lot of people under the pretense of splitting up a company.
And you got paid a lot of money for it while a lot of people hit the skids.
Well F**king done.
READY.
PRINT ""+-0
..riddance.
A[?] HATE NA[?]GGERS!
Feminism is cancer.
Damping absorbs vibrations. Dampening is caused by moisture.
I think most meds make you somewhat detached and unemotional. Exactly what you need to lead an amoral enterprise, and by law publicly traded corps must not care about anyone or anything but their stockholders' welfare.
Damping absorbs vibrations. Dampening is caused by moisture.
So maybe the next generation of leadership will separate networking, storage and technology services from the HPE. Lets call it the Hewlett Packard Periphery, or HPP. That leaves the integrated systems, servers and software. Break the software and servers to HPSO and HPSE incorporated, respectively. Then the integrated systems can buy all their components and services from separate corporations and the management overhead is getting maximized, as was intended. It's brilliant, isn't it?
You better lock up your Unicorns, lock up your Blue Chips, 'cause she's rapin' everything up in here!
#dankmemes
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
Their OpenStack and cloud initiatives didn't really bring in a lot of new business.
HP hasn't been terribly innovative. People who were buying Cisco and other brand name servers are still doing it, and Amazon/Google/Microsoft are emerging as the major cloud providers.
The OpenStack philosophy essentially banks on hardware being interoperable and somewhat interchangeable, so competition is guaranteed. It replaces some proprietary software with FOS software. It's great that HP contributed, but there is no licensing revenue and no hardware lock-in. That puts some grit in the gears of corporate profiteering.
Then at the top, the huge enterprises like Google and Amazon have started using custom hardware. Others, like Facebook, are forcing commoditization of core infrastructure with Open Compute. Most of them are combining cheap x86 servers with custom hardware to some extent. Either way, the enterprise IT companies are forced to compete as components rather than drop-in "solutions" with support contracts, which is where the enormous profits have been.
I'm not sure what their strategy was. And regardless of what Whitman planned, HPE hasn't reestablished itself as the behemoth it once was.
---
According to the latest ruleset, this post should be modded as Vorpal Flamebait +5.
So the long and short of it, the stock price is dropping because she was never brought in to lead, she was brought in to part it out and sell things off! And they have no confidence the new guy can convince anybody to buy the lemons they have left, if she couldn't.
This means, if you didn't get out already, you missed the boat.
HPE will now stabilize and will have to live with a stock price that has less of a speculation bonus.
...damn I do hate that the real workers at HPE - as always in today's corporate America - take it in the shorts because of a series of incompetent, but super-well-paid execs screwing up horribly, then settling back in a cushy director's job where they can continue to draw great pay and perks and destroy value even more. Woo-hoo for modern capitalism!!
Who would you like to see become the new head of HP, if you got to choose from any acting corporate executive? Elon Musk? Jeff Bezos? Sergey Brin? Someone else?
Come on, guys, considering how bad HP's picks have been for the past few decades, I think that we can do better!
I wouldn't be too surprised. Possible acquirers: IBM, Oracle, Dell, the Chinese.
While the doer-ship of women is not contestable, the aggressive creativity is obviously, historically, missing. The creative aggression of our species is visited mostly upon the male. It is hyper-liberalism that demands the equality in all things of men and women, not nature. We force a false equality to our detriment.
E Proelio Veritas.
and round of briefings on the same for Meg, evidently didn't go so well. Otherwise she would've stuck around to introduce it to the industry. What else does HPE have to look forward to?
She took HP from manufacturing the worst products ever designed to the exact same thing but with less money PLUS she even leaked in an interview that warranty claims were killing HP. The board scolded her for publicly acknowledging that their products were defective garbage. She is quite possibly the most incompetent major corporation CEO EVER!
Not a bad concept...but when instant profit is more important than good quality products, then consumers go away, creating a bigger loss.
They should just ship them to a landfill and skip the middleman.
The round and blue "HP" is not the company Meg works for.
Meg works for HPE which has the new and very innovate green rectangle as a trademark.
Indicative of her simpleton intellect.
I'd like to be the person they paid millions to for that wonderful and new moniker.
HPE is not basically EDS; DXC is basically EDS.
Before HP's stock tanked.