HP names ex-SAP chief Apotheker as CEO

By on
HP names ex-SAP chief Apotheker as CEO

New CEO and President.

Hewlett-Packard has named former SAP chief executive Leo Apotheker as its new CEO and president.

Apotheker succeeds Mark Hurd, who was ousted from HP on August 6 for filing inaccurate expense reports related to a female marketing contractor. Hurd has since joined SAP rival Oracle as co-President.

HP's board also named Ray Lane as non-executive chairman. Lane is managing partner at venture capital firm Kleiner Perkins Caufield & Byers.

Both appointments are effective November 1, HP said.

(Reporting by Gabriel Madway and Brett Winterford. Editing by Robert MacMillan)


Got a news tip for our journalists? Share it with us anonymously here.

Most Read Articles

Log In

  |  Forgot your password?