RealTime IT News

HP Taps Former SAP Boss Apotheker for CEO Spot

HP's board has put an end to the guessing game over who will replace Mark Hurd. The computing heavyweight has tapped an executive with experience in the top spot of a big-league tech company, but one that has fallen on tough times of late.

On Thursday, HP named former SAP boss Léo Apotheker to step in as its next president and CEO, effective Nov. 1. HP also has a new board member. Datamation reports on the executive shuffle.


Computing giant Hewlett-Packard has named former SAP boss Léo Apotheker its next president and CEO, filling the void left by the resignation of Mark Hurd amid an investigation involving inaccurate expense reports relating to a female contractor.

Apotheker will join (NYSE: HPQ) HP and take a spot on the board of directors Nov. 1, replacing interim CEO Cathie Lesjak, who will return to her role as chief financial officer, the company said on Thursday.

Read the full story at Datamation:
HP Board Names Apotheker Next CEO