Who Will Replace Meg Whitman at HP?


24/7 Wall St.

The more the Hewlett-Packard Co. (NYSE: HPQ) deal to buy Autonomy gets scrutinized, the more that outsiders place blame on HP’s board, which unanimously approved the deal. The $11 billion buyout closed in October of last year. Meg Whitman took over as HP CEO the previous month. Did she have time to review the deal? Perhaps not, so she might have asked for a few weeks to do so. Autonomy comes as part of the string of bad news Whitman has had to deliver to shareholders. CEOs, even new ones with good reputations, cannot always survive such relentless bad results. If Whitman does not make it, who could take her place?

Some of HP’s board members may be forced to leave before Whitman becomes a target. But a new board may feel that both the old board and Whitman’s situations will be too untenable to hold whatever credibility…

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