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HP Names New CEO

By Alvin Soon - on 1 Oct 2010, 10:58am

HP Names New CEO

HP names Léo Apotheker as its new CEO after the departure of Mark Hurd in August.

H.P. revealed Mr. Apotheker’s appointment on Thursday, filling a void left when Mark V. Hurd was ousted in August. Mr. Apotheker, a German, spent 20 years at the business software maker SAP, including a recent, abbreviated stint as its chief executive. His experience meshes with H.P.’s current strategy of dominating the business computing market and could help revitalize the company’s lackluster software business. - New York Times

HP's former CEO Mark Hurd left in August after the board said he had violated company policies, Hurd has since been hired at Oracle as a co-president. Hit the NYT link for the full story.

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